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

MASTEC INC is the larger business by last-quarter revenue ($3.9B vs $3.4B, roughly 1.2× Motorola Solutions). Motorola Solutions runs the higher net margin — 19.2% vs 3.6%, a 15.6% gap on every dollar of revenue. On growth, MASTEC INC posted the faster year-over-year revenue change (15.8% vs 12.3%). Motorola Solutions produced more free cash flow last quarter ($1.1B vs $292.5M). Over the past eight quarters, MASTEC INC's revenue compounded faster (21.1% CAGR vs 18.9%).

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.

Mastec, Inc. is an American infrastructure engineering and construction company based in Coral Gables, Florida. The company provides engineering, building, installation, maintenance and upgrade of energy, utility and communications infrastructure. Its customers are primarily in the utility, communications and government industries.

MSI vs MTZ — Head-to-Head

Bigger by revenue
MTZ
MTZ
1.2× larger
MTZ
$3.9B
$3.4B
MSI
Growing faster (revenue YoY)
MTZ
MTZ
+3.5% gap
MTZ
15.8%
12.3%
MSI
Higher net margin
MSI
MSI
15.6% more per $
MSI
19.2%
3.6%
MTZ
More free cash flow
MSI
MSI
$849.5M more FCF
MSI
$1.1B
$292.5M
MTZ
Faster 2-yr revenue CAGR
MTZ
MTZ
Annualised
MTZ
21.1%
18.9%
MSI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MSI
MSI
MTZ
MTZ
Revenue
$3.4B
$3.9B
Net Profit
$649.0M
$142.7M
Gross Margin
52.3%
Operating Margin
27.9%
4.4%
Net Margin
19.2%
3.6%
Revenue YoY
12.3%
15.8%
Net Profit YoY
6.2%
90.9%
EPS (diluted)
$3.85
$1.81

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
MSI
MSI
MTZ
MTZ
Q4 25
$3.4B
$3.9B
Q3 25
$3.0B
$4.0B
Q2 25
$2.8B
$3.5B
Q1 25
$2.5B
$2.8B
Q4 24
$3.0B
$3.4B
Q3 24
$2.8B
$3.3B
Q2 24
$2.6B
$3.0B
Q1 24
$2.4B
$2.7B
Net Profit
MSI
MSI
MTZ
MTZ
Q4 25
$649.0M
$142.7M
Q3 25
$562.0M
$160.7M
Q2 25
$513.0M
$85.8M
Q1 25
$430.0M
$9.9M
Q4 24
$611.0M
$74.7M
Q3 24
$562.0M
$95.2M
Q2 24
$443.0M
$34.0M
Q1 24
$-39.0M
$-41.2M
Gross Margin
MSI
MSI
MTZ
MTZ
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
MSI
MSI
MTZ
MTZ
Q4 25
27.9%
4.4%
Q3 25
25.6%
5.3%
Q2 25
25.0%
3.4%
Q1 25
23.0%
0.3%
Q4 24
27.0%
2.8%
Q3 24
25.5%
4.2%
Q2 24
24.5%
2.1%
Q1 24
21.7%
-1.7%
Net Margin
MSI
MSI
MTZ
MTZ
Q4 25
19.2%
3.6%
Q3 25
18.7%
4.0%
Q2 25
18.6%
2.4%
Q1 25
17.0%
0.3%
Q4 24
20.3%
2.2%
Q3 24
20.1%
2.9%
Q2 24
16.9%
1.1%
Q1 24
-1.6%
-1.5%
EPS (diluted)
MSI
MSI
MTZ
MTZ
Q4 25
$3.85
$1.81
Q3 25
$3.33
$2.04
Q2 25
$3.04
$1.09
Q1 25
$2.53
$0.13
Q4 24
$3.57
$0.95
Q3 24
$3.29
$1.21
Q2 24
$2.60
$0.43
Q1 24
$-0.23
$-0.53

Balance Sheet & Financial Strength

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

Metric
MSI
MSI
MTZ
MTZ
Cash + ST InvestmentsLiquidity on hand
$1.2B
$396.0M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$2.4B
$3.3B
Total Assets
$19.4B
$9.9B
Debt / EquityLower = less leverage
0.67×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSI
MSI
MTZ
MTZ
Q4 25
$1.2B
$396.0M
Q3 25
$894.0M
$231.4M
Q2 25
$3.2B
$191.1M
Q1 25
$1.6B
$345.7M
Q4 24
$2.1B
$399.9M
Q3 24
$1.4B
$181.2M
Q2 24
$1.4B
$297.6M
Q1 24
$1.5B
$249.3M
Total Debt
MSI
MSI
MTZ
MTZ
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Q2 24
$2.4B
Q1 24
$2.5B
Stockholders' Equity
MSI
MSI
MTZ
MTZ
Q4 25
$2.4B
$3.3B
Q3 25
$2.3B
$3.1B
Q2 25
$2.0B
$2.9B
Q1 25
$1.6B
$2.9B
Q4 24
$1.7B
$2.9B
Q3 24
$1.3B
$2.8B
Q2 24
$802.0M
$2.7B
Q1 24
$521.0M
$2.7B
Total Assets
MSI
MSI
MTZ
MTZ
Q4 25
$19.4B
$9.9B
Q3 25
$18.8B
$9.7B
Q2 25
$16.4B
$9.1B
Q1 25
$14.4B
$8.9B
Q4 24
$14.6B
$9.0B
Q3 24
$13.9B
$8.8B
Q2 24
$13.3B
$8.7B
Q1 24
$13.3B
$8.7B
Debt / Equity
MSI
MSI
MTZ
MTZ
Q4 25
0.67×
Q3 25
0.71×
Q2 25
0.71×
Q1 25
0.71×
Q4 24
0.70×
Q3 24
0.76×
Q2 24
0.87×
Q1 24
0.95×

Cash Flow & Capital Efficiency

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

Metric
MSI
MSI
MTZ
MTZ
Operating Cash FlowLast quarter
$1.3B
$372.7M
Free Cash FlowOCF − Capex
$1.1B
$292.5M
FCF MarginFCF / Revenue
33.8%
7.4%
Capex IntensityCapex / Revenue
3.4%
2.0%
Cash ConversionOCF / Net Profit
1.94×
2.61×
TTM Free Cash FlowTrailing 4 quarters
$2.6B
$285.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSI
MSI
MTZ
MTZ
Q4 25
$1.3B
$372.7M
Q3 25
$798.0M
$89.0M
Q2 25
$273.0M
$5.6M
Q1 25
$510.0M
$78.4M
Q4 24
$1.1B
$471.7M
Q3 24
$759.0M
$277.7M
Q2 24
$180.0M
$264.4M
Q1 24
$382.0M
$107.8M
Free Cash Flow
MSI
MSI
MTZ
MTZ
Q4 25
$1.1B
$292.5M
Q3 25
$732.0M
$20.3M
Q2 25
$225.0M
$-58.2M
Q1 25
$473.0M
$31.1M
Q4 24
$984.0M
$423.4M
Q3 24
$702.0M
$234.1M
Q2 24
$112.0M
$232.9M
Q1 24
$336.0M
$82.3M
FCF Margin
MSI
MSI
MTZ
MTZ
Q4 25
33.8%
7.4%
Q3 25
24.3%
0.5%
Q2 25
8.1%
-1.6%
Q1 25
18.7%
1.1%
Q4 24
32.7%
12.4%
Q3 24
25.2%
7.2%
Q2 24
4.3%
7.9%
Q1 24
14.1%
3.1%
Capex Intensity
MSI
MSI
MTZ
MTZ
Q4 25
3.4%
2.0%
Q3 25
2.2%
1.7%
Q2 25
1.7%
1.8%
Q1 25
1.5%
1.7%
Q4 24
2.9%
1.4%
Q3 24
2.0%
1.3%
Q2 24
2.6%
1.1%
Q1 24
1.9%
0.9%
Cash Conversion
MSI
MSI
MTZ
MTZ
Q4 25
1.94×
2.61×
Q3 25
1.42×
0.55×
Q2 25
0.53×
0.07×
Q1 25
1.19×
7.91×
Q4 24
1.75×
6.31×
Q3 24
1.35×
2.92×
Q2 24
0.41×
7.78×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

MTZ
MTZ

Clean Energy And Infrastructure$1.3B33%
Power Delivery$1.1B28%
Communications$906.7M23%
Pipeline Infrastructure$643.8M16%

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