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Side-by-side financial comparison of FirstEnergy (FE) and Motorola Solutions (MSI). Click either name above to swap in a different company.

FirstEnergy is the larger business by last-quarter revenue ($3.8B vs $3.4B, roughly 1.1× Motorola Solutions). Motorola Solutions runs the higher net margin — 19.2% vs -1.3%, a 20.5% gap on every dollar of revenue. On growth, FirstEnergy posted the faster year-over-year revenue change (19.6% vs 12.3%). Motorola Solutions produced more free cash flow last quarter ($1.1B vs $-30.0M). Over the past eight quarters, Motorola Solutions's revenue compounded faster (18.9% CAGR vs 7.5%).

FirstEnergy Corp. is an electric utility headquartered in Akron, Ohio. It was established when Ohio Edison merged with Centerior Energy in 1997.

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc.

FE vs MSI — Head-to-Head

Bigger by revenue
FE
FE
1.1× larger
FE
$3.8B
$3.4B
MSI
Growing faster (revenue YoY)
FE
FE
+7.3% gap
FE
19.6%
12.3%
MSI
Higher net margin
MSI
MSI
20.5% more per $
MSI
19.2%
-1.3%
FE
More free cash flow
MSI
MSI
$1.2B more FCF
MSI
$1.1B
$-30.0M
FE
Faster 2-yr revenue CAGR
MSI
MSI
Annualised
MSI
18.9%
7.5%
FE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FE
FE
MSI
MSI
Revenue
$3.8B
$3.4B
Net Profit
$-49.0M
$649.0M
Gross Margin
52.3%
Operating Margin
-0.6%
27.9%
Net Margin
-1.3%
19.2%
Revenue YoY
19.6%
12.3%
Net Profit YoY
-118.8%
6.2%
EPS (diluted)
$-0.08
$3.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FE
FE
MSI
MSI
Q4 25
$3.8B
$3.4B
Q3 25
$4.1B
$3.0B
Q2 25
$3.4B
$2.8B
Q1 25
$3.8B
$2.5B
Q4 24
$3.2B
$3.0B
Q3 24
$3.7B
$2.8B
Q2 24
$3.3B
$2.6B
Q1 24
$3.3B
$2.4B
Net Profit
FE
FE
MSI
MSI
Q4 25
$-49.0M
$649.0M
Q3 25
$441.0M
$562.0M
Q2 25
$268.0M
$513.0M
Q1 25
$360.0M
$430.0M
Q4 24
$261.0M
$611.0M
Q3 24
$419.0M
$562.0M
Q2 24
$45.0M
$443.0M
Q1 24
$253.0M
$-39.0M
Gross Margin
FE
FE
MSI
MSI
Q4 25
52.3%
Q3 25
51.6%
Q2 25
51.1%
Q1 25
51.4%
Q4 24
51.4%
Q3 24
51.4%
Q2 24
51.0%
Q1 24
49.9%
Operating Margin
FE
FE
MSI
MSI
Q4 25
-0.6%
27.9%
Q3 25
20.0%
25.6%
Q2 25
19.1%
25.0%
Q1 25
20.0%
23.0%
Q4 24
19.3%
27.0%
Q3 24
19.5%
25.5%
Q2 24
12.9%
24.5%
Q1 24
18.6%
21.7%
Net Margin
FE
FE
MSI
MSI
Q4 25
-1.3%
19.2%
Q3 25
10.6%
18.7%
Q2 25
7.9%
18.6%
Q1 25
9.6%
17.0%
Q4 24
8.2%
20.3%
Q3 24
11.2%
20.1%
Q2 24
1.4%
16.9%
Q1 24
7.7%
-1.6%
EPS (diluted)
FE
FE
MSI
MSI
Q4 25
$-0.08
$3.85
Q3 25
$0.76
$3.33
Q2 25
$0.46
$3.04
Q1 25
$0.62
$2.53
Q4 24
$0.45
$3.57
Q3 24
$0.73
$3.29
Q2 24
$0.08
$2.60
Q1 24
$0.44
$-0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FE
FE
MSI
MSI
Cash + ST InvestmentsLiquidity on hand
$57.0M
$1.2B
Total DebtLower is stronger
$25.5B
Stockholders' EquityBook value
$12.5B
$2.4B
Total Assets
$55.9B
$19.4B
Debt / EquityLower = less leverage
2.04×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FE
FE
MSI
MSI
Q4 25
$57.0M
$1.2B
Q3 25
$1.4B
$894.0M
Q2 25
$569.0M
$3.2B
Q1 25
$132.0M
$1.6B
Q4 24
$111.0M
$2.1B
Q3 24
$439.0M
$1.4B
Q2 24
$60.0M
$1.4B
Q1 24
$888.0M
$1.5B
Total Debt
FE
FE
MSI
MSI
Q4 25
$25.5B
Q3 25
$25.5B
Q2 25
$23.7B
Q1 25
$21.2B
Q4 24
$22.5B
Q3 24
$21.6B
Q2 24
$20.8B
Q1 24
$21.7B
Stockholders' Equity
FE
FE
MSI
MSI
Q4 25
$12.5B
$2.4B
Q3 25
$12.8B
$2.3B
Q2 25
$12.9B
$2.0B
Q1 25
$12.6B
$1.6B
Q4 24
$12.5B
$1.7B
Q3 24
$12.4B
$1.3B
Q2 24
$12.5B
$802.0M
Q1 24
$12.4B
$521.0M
Total Assets
FE
FE
MSI
MSI
Q4 25
$55.9B
$19.4B
Q3 25
$55.9B
$18.8B
Q2 25
$54.2B
$16.4B
Q1 25
$52.8B
$14.4B
Q4 24
$52.0B
$14.6B
Q3 24
$50.8B
$13.9B
Q2 24
$51.0B
$13.3B
Q1 24
$51.3B
$13.3B
Debt / Equity
FE
FE
MSI
MSI
Q4 25
2.04×
Q3 25
1.99×
Q2 25
1.85×
Q1 25
1.69×
Q4 24
1.81×
Q3 24
1.74×
Q2 24
1.67×
Q1 24
1.75×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FE
FE
MSI
MSI
Operating Cash FlowLast quarter
$1.1B
$1.3B
Free Cash FlowOCF − Capex
$-30.0M
$1.1B
FCF MarginFCF / Revenue
-0.8%
33.8%
Capex IntensityCapex / Revenue
30.7%
3.4%
Cash ConversionOCF / Net Profit
1.94×
TTM Free Cash FlowTrailing 4 quarters
$-1.0B
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FE
FE
MSI
MSI
Q4 25
$1.1B
$1.3B
Q3 25
$845.0M
$798.0M
Q2 25
$1.1B
$273.0M
Q1 25
$637.0M
$510.0M
Q4 24
$1.0B
$1.1B
Q3 24
$775.0M
$759.0M
Q2 24
$1.1B
$180.0M
Q1 24
$-40.0M
$382.0M
Free Cash Flow
FE
FE
MSI
MSI
Q4 25
$-30.0M
$1.1B
Q3 25
$-471.0M
$732.0M
Q2 25
$-136.0M
$225.0M
Q1 25
$-368.0M
$473.0M
Q4 24
$-250.0M
$984.0M
Q3 24
$-229.0M
$702.0M
Q2 24
$170.0M
$112.0M
Q1 24
$-830.0M
$336.0M
FCF Margin
FE
FE
MSI
MSI
Q4 25
-0.8%
33.8%
Q3 25
-11.4%
24.3%
Q2 25
-4.0%
8.1%
Q1 25
-9.8%
18.7%
Q4 24
-7.9%
32.7%
Q3 24
-6.1%
25.2%
Q2 24
5.2%
4.3%
Q1 24
-25.3%
14.1%
Capex Intensity
FE
FE
MSI
MSI
Q4 25
30.7%
3.4%
Q3 25
31.7%
2.2%
Q2 25
36.0%
1.7%
Q1 25
26.7%
1.5%
Q4 24
40.7%
2.9%
Q3 24
26.9%
2.0%
Q2 24
28.7%
2.6%
Q1 24
24.0%
1.9%
Cash Conversion
FE
FE
MSI
MSI
Q4 25
1.94×
Q3 25
1.92×
1.42×
Q2 25
4.04×
0.53×
Q1 25
1.77×
1.19×
Q4 24
4.00×
1.75×
Q3 24
1.85×
1.35×
Q2 24
24.71×
0.41×
Q1 24
-0.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FE
FE

Integrated Segment$1.4B37%
Other$1.4B36%
Stand Alone Transmission Segment$466.0M12%
Industrial Customers$167.0M4%
Mid Atlantic Interstate Transmission LLC$118.0M3%
Transmission$105.0M3%
Transmission Segment$68.0M2%
Tr AIL$63.0M2%
Internal Customers$10.0M0%
Wholesale Sales$6.0M0%

MSI
MSI

Product And Systems Integration Segment$1.5B45%
Services And Software Segment$833.0M25%
Sales Channel Through Intermediary$772.0M23%
Command Center Software$258.0M8%

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