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

Motorola Solutions is the larger business by last-quarter revenue ($3.4B vs $2.2B, roughly 1.6× Howmet Aerospace). Motorola Solutions runs the higher net margin — 19.2% vs 17.2%, a 2.0% gap on every dollar of revenue. On growth, Howmet Aerospace posted the faster year-over-year revenue change (14.6% vs 12.3%). Motorola Solutions produced more free cash flow last quarter ($1.1B vs $530.0M). Over the past eight quarters, Motorola Solutions's revenue compounded faster (18.9% CAGR vs 9.0%).

Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners, titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks.

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.

HWM vs MSI — Head-to-Head

Bigger by revenue
MSI
MSI
1.6× larger
MSI
$3.4B
$2.2B
HWM
Growing faster (revenue YoY)
HWM
HWM
+2.4% gap
HWM
14.6%
12.3%
MSI
Higher net margin
MSI
MSI
2.0% more per $
MSI
19.2%
17.2%
HWM
More free cash flow
MSI
MSI
$612.0M more FCF
MSI
$1.1B
$530.0M
HWM
Faster 2-yr revenue CAGR
MSI
MSI
Annualised
MSI
18.9%
9.0%
HWM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HWM
HWM
MSI
MSI
Revenue
$2.2B
$3.4B
Net Profit
$372.0M
$649.0M
Gross Margin
52.3%
Operating Margin
22.6%
27.9%
Net Margin
17.2%
19.2%
Revenue YoY
14.6%
12.3%
Net Profit YoY
18.5%
6.2%
EPS (diluted)
$0.92
$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
HWM
HWM
MSI
MSI
Q4 25
$2.2B
$3.4B
Q3 25
$2.1B
$3.0B
Q2 25
$2.1B
$2.8B
Q1 25
$1.9B
$2.5B
Q4 24
$1.9B
$3.0B
Q3 24
$1.8B
$2.8B
Q2 24
$1.9B
$2.6B
Q1 24
$1.8B
$2.4B
Net Profit
HWM
HWM
MSI
MSI
Q4 25
$372.0M
$649.0M
Q3 25
$385.0M
$562.0M
Q2 25
$407.0M
$513.0M
Q1 25
$344.0M
$430.0M
Q4 24
$314.0M
$611.0M
Q3 24
$332.0M
$562.0M
Q2 24
$266.0M
$443.0M
Q1 24
$243.0M
$-39.0M
Gross Margin
HWM
HWM
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
HWM
HWM
MSI
MSI
Q4 25
22.6%
27.9%
Q3 25
25.9%
25.6%
Q2 25
25.4%
25.0%
Q1 25
25.4%
23.0%
Q4 24
23.5%
27.0%
Q3 24
22.9%
25.5%
Q2 24
21.2%
24.5%
Q1 24
20.2%
21.7%
Net Margin
HWM
HWM
MSI
MSI
Q4 25
17.2%
19.2%
Q3 25
18.4%
18.7%
Q2 25
19.8%
18.6%
Q1 25
17.7%
17.0%
Q4 24
16.6%
20.3%
Q3 24
18.1%
20.1%
Q2 24
14.1%
16.9%
Q1 24
13.3%
-1.6%
EPS (diluted)
HWM
HWM
MSI
MSI
Q4 25
$0.92
$3.85
Q3 25
$0.95
$3.33
Q2 25
$1.00
$3.04
Q1 25
$0.84
$2.53
Q4 24
$0.76
$3.57
Q3 24
$0.81
$3.29
Q2 24
$0.65
$2.60
Q1 24
$0.59
$-0.23

Balance Sheet & Financial Strength

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

Metric
HWM
HWM
MSI
MSI
Cash + ST InvestmentsLiquidity on hand
$742.0M
$1.2B
Total DebtLower is stronger
$3.0B
Stockholders' EquityBook value
$5.4B
$2.4B
Total Assets
$11.2B
$19.4B
Debt / EquityLower = less leverage
0.57×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HWM
HWM
MSI
MSI
Q4 25
$742.0M
$1.2B
Q3 25
$659.0M
$894.0M
Q2 25
$545.0M
$3.2B
Q1 25
$536.0M
$1.6B
Q4 24
$564.0M
$2.1B
Q3 24
$475.0M
$1.4B
Q2 24
$752.0M
$1.4B
Q1 24
$533.0M
$1.5B
Total Debt
HWM
HWM
MSI
MSI
Q4 25
$3.0B
Q3 25
$3.2B
Q2 25
$3.3B
Q1 25
$3.3B
Q4 24
$3.3B
Q3 24
$3.4B
Q2 24
$3.7B
Q1 24
$3.7B
Stockholders' Equity
HWM
HWM
MSI
MSI
Q4 25
$5.4B
$2.4B
Q3 25
$5.1B
$2.3B
Q2 25
$5.0B
$2.0B
Q1 25
$4.8B
$1.6B
Q4 24
$4.6B
$1.7B
Q3 24
$4.5B
$1.3B
Q2 24
$4.3B
$802.0M
Q1 24
$4.1B
$521.0M
Total Assets
HWM
HWM
MSI
MSI
Q4 25
$11.2B
$19.4B
Q3 25
$11.2B
$18.8B
Q2 25
$11.0B
$16.4B
Q1 25
$10.8B
$14.4B
Q4 24
$10.5B
$14.6B
Q3 24
$10.6B
$13.9B
Q2 24
$10.7B
$13.3B
Q1 24
$10.4B
$13.3B
Debt / Equity
HWM
HWM
MSI
MSI
Q4 25
0.57×
Q3 25
0.62×
Q2 25
0.65×
Q1 25
0.69×
Q4 24
0.73×
Q3 24
0.75×
Q2 24
0.86×
Q1 24
0.90×

Cash Flow & Capital Efficiency

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

Metric
HWM
HWM
MSI
MSI
Operating Cash FlowLast quarter
$654.0M
$1.3B
Free Cash FlowOCF − Capex
$530.0M
$1.1B
FCF MarginFCF / Revenue
24.4%
33.8%
Capex IntensityCapex / Revenue
5.7%
3.4%
Cash ConversionOCF / Net Profit
1.76×
1.94×
TTM Free Cash FlowTrailing 4 quarters
$1.4B
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HWM
HWM
MSI
MSI
Q4 25
$654.0M
$1.3B
Q3 25
$531.0M
$798.0M
Q2 25
$446.0M
$273.0M
Q1 25
$253.0M
$510.0M
Q4 24
$480.0M
$1.1B
Q3 24
$244.0M
$759.0M
Q2 24
$397.0M
$180.0M
Q1 24
$177.0M
$382.0M
Free Cash Flow
HWM
HWM
MSI
MSI
Q4 25
$530.0M
$1.1B
Q3 25
$423.0M
$732.0M
Q2 25
$344.0M
$225.0M
Q1 25
$134.0M
$473.0M
Q4 24
$378.0M
$984.0M
Q3 24
$162.0M
$702.0M
Q2 24
$342.0M
$112.0M
Q1 24
$95.0M
$336.0M
FCF Margin
HWM
HWM
MSI
MSI
Q4 25
24.4%
33.8%
Q3 25
20.2%
24.3%
Q2 25
16.8%
8.1%
Q1 25
6.9%
18.7%
Q4 24
20.0%
32.7%
Q3 24
8.8%
25.2%
Q2 24
18.2%
4.3%
Q1 24
5.2%
14.1%
Capex Intensity
HWM
HWM
MSI
MSI
Q4 25
5.7%
3.4%
Q3 25
5.2%
2.2%
Q2 25
5.0%
1.7%
Q1 25
6.1%
1.5%
Q4 24
5.4%
2.9%
Q3 24
4.5%
2.0%
Q2 24
2.9%
2.6%
Q1 24
4.5%
1.9%
Cash Conversion
HWM
HWM
MSI
MSI
Q4 25
1.76×
1.94×
Q3 25
1.38×
1.42×
Q2 25
1.10×
0.53×
Q1 25
0.74×
1.19×
Q4 24
1.53×
1.75×
Q3 24
0.73×
1.35×
Q2 24
1.49×
0.41×
Q1 24
0.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HWM
HWM

Engine Products Segment$1.2B54%
Fastening Systems$454.0M21%
Forged Wheels$264.0M12%
Aerospace Defense$236.0M11%
Commercial Transportation$46.0M2%

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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