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

International Paper is the larger business by last-quarter revenue ($4.7B vs $3.4B, roughly 1.4× Motorola Solutions). Motorola Solutions runs the higher net margin — 19.2% vs -50.3%, a 69.5% gap on every dollar of revenue. On growth, Motorola Solutions posted the faster year-over-year revenue change (12.3% vs 3.6%). Motorola Solutions produced more free cash flow last quarter ($1.1B vs $255.0M). Over the past eight quarters, Motorola Solutions's revenue compounded faster (18.9% CAGR vs 1.3%).

The International Paper Company is an American pulp and paper company, the largest such company in the world. It has approximately 39,000 employees, and is headquartered in Memphis, Tennessee.

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.

IP vs MSI — Head-to-Head

Bigger by revenue
IP
IP
1.4× larger
IP
$4.7B
$3.4B
MSI
Growing faster (revenue YoY)
MSI
MSI
+8.7% gap
MSI
12.3%
3.6%
IP
Higher net margin
MSI
MSI
69.5% more per $
MSI
19.2%
-50.3%
IP
More free cash flow
MSI
MSI
$887.0M more FCF
MSI
$1.1B
$255.0M
IP
Faster 2-yr revenue CAGR
MSI
MSI
Annualised
MSI
18.9%
1.3%
IP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IP
IP
MSI
MSI
Revenue
$4.7B
$3.4B
Net Profit
$-2.4B
$649.0M
Gross Margin
32.2%
52.3%
Operating Margin
-56.4%
27.9%
Net Margin
-50.3%
19.2%
Revenue YoY
3.6%
12.3%
Net Profit YoY
-1521.8%
6.2%
EPS (diluted)
$-4.76
$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
IP
IP
MSI
MSI
Q4 25
$4.7B
$3.4B
Q3 25
$6.2B
$3.0B
Q2 25
$6.8B
$2.8B
Q1 25
$5.9B
$2.5B
Q4 24
$4.6B
$3.0B
Q3 24
$4.7B
$2.8B
Q2 24
$4.7B
$2.6B
Q1 24
$4.6B
$2.4B
Net Profit
IP
IP
MSI
MSI
Q4 25
$-2.4B
$649.0M
Q3 25
$-1.1B
$562.0M
Q2 25
$75.0M
$513.0M
Q1 25
$-105.0M
$430.0M
Q4 24
$-147.0M
$611.0M
Q3 24
$150.0M
$562.0M
Q2 24
$498.0M
$443.0M
Q1 24
$56.0M
$-39.0M
Gross Margin
IP
IP
MSI
MSI
Q4 25
32.2%
52.3%
Q3 25
31.1%
51.6%
Q2 25
27.9%
51.1%
Q1 25
27.8%
51.4%
Q4 24
29.0%
51.4%
Q3 24
28.7%
51.4%
Q2 24
29.0%
51.0%
Q1 24
25.9%
49.9%
Operating Margin
IP
IP
MSI
MSI
Q4 25
-56.4%
27.9%
Q3 25
-10.8%
25.6%
Q2 25
1.7%
25.0%
Q1 25
-2.3%
23.0%
Q4 24
-4.9%
27.0%
Q3 24
5.1%
25.5%
Q2 24
6.8%
24.5%
Q1 24
3.7%
21.7%
Net Margin
IP
IP
MSI
MSI
Q4 25
-50.3%
19.2%
Q3 25
-17.7%
18.7%
Q2 25
1.1%
18.6%
Q1 25
-1.8%
17.0%
Q4 24
-3.2%
20.3%
Q3 24
3.2%
20.1%
Q2 24
10.5%
16.9%
Q1 24
1.2%
-1.6%
EPS (diluted)
IP
IP
MSI
MSI
Q4 25
$-4.76
$3.85
Q3 25
$-2.09
$3.33
Q2 25
$0.14
$3.04
Q1 25
$-0.24
$2.53
Q4 24
$-0.42
$3.57
Q3 24
$0.42
$3.29
Q2 24
$1.41
$2.60
Q1 24
$0.16
$-0.23

Balance Sheet & Financial Strength

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

Metric
IP
IP
MSI
MSI
Cash + ST InvestmentsLiquidity on hand
$1.1B
$1.2B
Total DebtLower is stronger
$8.8B
Stockholders' EquityBook value
$14.8B
$2.4B
Total Assets
$38.0B
$19.4B
Debt / EquityLower = less leverage
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IP
IP
MSI
MSI
Q4 25
$1.1B
$1.2B
Q3 25
$995.0M
$894.0M
Q2 25
$1.1B
$3.2B
Q1 25
$1.2B
$1.6B
Q4 24
$1.2B
$2.1B
Q3 24
$1.2B
$1.4B
Q2 24
$1.0B
$1.4B
Q1 24
$1.1B
$1.5B
Total Debt
IP
IP
MSI
MSI
Q4 25
$8.8B
Q3 25
$9.0B
Q2 25
$9.7B
Q1 25
$9.2B
Q4 24
$5.4B
Q3 24
$5.3B
Q2 24
$5.3B
Q1 24
$5.5B
Stockholders' Equity
IP
IP
MSI
MSI
Q4 25
$14.8B
$2.4B
Q3 25
$17.3B
$2.3B
Q2 25
$18.6B
$2.0B
Q1 25
$18.1B
$1.6B
Q4 24
$8.2B
$1.7B
Q3 24
$8.6B
$1.3B
Q2 24
$8.6B
$802.0M
Q1 24
$8.3B
$521.0M
Total Assets
IP
IP
MSI
MSI
Q4 25
$38.0B
$19.4B
Q3 25
$40.6B
$18.8B
Q2 25
$42.4B
$16.4B
Q1 25
$41.2B
$14.4B
Q4 24
$22.8B
$14.6B
Q3 24
$23.2B
$13.9B
Q2 24
$23.1B
$13.3B
Q1 24
$23.0B
$13.3B
Debt / Equity
IP
IP
MSI
MSI
Q4 25
0.60×
Q3 25
0.52×
Q2 25
0.52×
Q1 25
0.51×
Q4 24
0.66×
Q3 24
0.62×
Q2 24
0.62×
Q1 24
0.66×

Cash Flow & Capital Efficiency

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

Metric
IP
IP
MSI
MSI
Operating Cash FlowLast quarter
$905.0M
$1.3B
Free Cash FlowOCF − Capex
$255.0M
$1.1B
FCF MarginFCF / Revenue
5.4%
33.8%
Capex IntensityCapex / Revenue
13.7%
3.4%
Cash ConversionOCF / Net Profit
1.94×
TTM Free Cash FlowTrailing 4 quarters
$-159.0M
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IP
IP
MSI
MSI
Q4 25
$905.0M
$1.3B
Q3 25
$605.0M
$798.0M
Q2 25
$476.0M
$273.0M
Q1 25
$-288.0M
$510.0M
Q4 24
$397.0M
$1.1B
Q3 24
$521.0M
$759.0M
Q2 24
$365.0M
$180.0M
Q1 24
$395.0M
$382.0M
Free Cash Flow
IP
IP
MSI
MSI
Q4 25
$255.0M
$1.1B
Q3 25
$150.0M
$732.0M
Q2 25
$54.0M
$225.0M
Q1 25
$-618.0M
$473.0M
Q4 24
$137.0M
$984.0M
Q3 24
$309.0M
$702.0M
Q2 24
$167.0M
$112.0M
Q1 24
$144.0M
$336.0M
FCF Margin
IP
IP
MSI
MSI
Q4 25
5.4%
33.8%
Q3 25
2.4%
24.3%
Q2 25
0.8%
8.1%
Q1 25
-10.5%
18.7%
Q4 24
3.0%
32.7%
Q3 24
6.6%
25.2%
Q2 24
3.5%
4.3%
Q1 24
3.1%
14.1%
Capex Intensity
IP
IP
MSI
MSI
Q4 25
13.7%
3.4%
Q3 25
7.3%
2.2%
Q2 25
6.2%
1.7%
Q1 25
5.6%
1.5%
Q4 24
5.7%
2.9%
Q3 24
4.5%
2.0%
Q2 24
4.2%
2.6%
Q1 24
5.4%
1.9%
Cash Conversion
IP
IP
MSI
MSI
Q4 25
1.94×
Q3 25
1.42×
Q2 25
6.35×
0.53×
Q1 25
1.19×
Q4 24
1.75×
Q3 24
3.47×
1.35×
Q2 24
0.73×
0.41×
Q1 24
7.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IP
IP

Other$2.4B52%
DS Smith Packaging$2.3B48%

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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