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

Republic Services is the larger business by last-quarter revenue ($4.1B vs $3.4B, roughly 1.2× Motorola Solutions). Motorola Solutions runs the higher net margin — 19.2% vs 13.2%, a 6.0% gap on every dollar of revenue. On growth, Motorola Solutions posted the faster year-over-year revenue change (12.3% vs 2.2%). Motorola Solutions produced more free cash flow last quarter ($1.1B vs $404.0M). Over the past eight quarters, Motorola Solutions's revenue compounded faster (18.9% CAGR vs 3.5%).

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.

Republic Services, Inc. is a North American waste disposal company whose services include non-hazardous solid waste collection, waste transfer, waste disposal, recycling, and energy services. It is the second largest provider of waste disposal in the United States after Waste Management. Its operations primarily consist of providing collection, transfer, and disposal of non-hazardous solid waste, recovering and recycling of certain materials, and energy services. The company is 35.

MSI vs RSG — Head-to-Head

Bigger by revenue
RSG
RSG
1.2× larger
RSG
$4.1B
$3.4B
MSI
Growing faster (revenue YoY)
MSI
MSI
+10.1% gap
MSI
12.3%
2.2%
RSG
Higher net margin
MSI
MSI
6.0% more per $
MSI
19.2%
13.2%
RSG
More free cash flow
MSI
MSI
$738.0M more FCF
MSI
$1.1B
$404.0M
RSG
Faster 2-yr revenue CAGR
MSI
MSI
Annualised
MSI
18.9%
3.5%
RSG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MSI
MSI
RSG
RSG
Revenue
$3.4B
$4.1B
Net Profit
$649.0M
$544.7M
Gross Margin
52.3%
41.9%
Operating Margin
27.9%
19.4%
Net Margin
19.2%
13.2%
Revenue YoY
12.3%
2.2%
Net Profit YoY
6.2%
6.3%
EPS (diluted)
$3.85
$1.76

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
RSG
RSG
Q4 25
$3.4B
$4.1B
Q3 25
$3.0B
$4.2B
Q2 25
$2.8B
$4.2B
Q1 25
$2.5B
$4.0B
Q4 24
$3.0B
$4.0B
Q3 24
$2.8B
$4.1B
Q2 24
$2.6B
$4.0B
Q1 24
$2.4B
$3.9B
Net Profit
MSI
MSI
RSG
RSG
Q4 25
$649.0M
$544.7M
Q3 25
$562.0M
$549.7M
Q2 25
$513.0M
$549.9M
Q1 25
$430.0M
$495.0M
Q4 24
$611.0M
$512.2M
Q3 24
$562.0M
$565.7M
Q2 24
$443.0M
$511.5M
Q1 24
$-39.0M
$453.8M
Gross Margin
MSI
MSI
RSG
RSG
Q4 25
52.3%
41.9%
Q3 25
51.6%
41.5%
Q2 25
51.1%
42.2%
Q1 25
51.4%
42.3%
Q4 24
51.4%
42.7%
Q3 24
51.4%
41.9%
Q2 24
51.0%
41.1%
Q1 24
49.9%
40.9%
Operating Margin
MSI
MSI
RSG
RSG
Q4 25
27.9%
19.4%
Q3 25
25.6%
19.8%
Q2 25
25.0%
20.3%
Q1 25
23.0%
20.1%
Q4 24
27.0%
19.9%
Q3 24
25.5%
20.8%
Q2 24
24.5%
20.1%
Q1 24
21.7%
19.0%
Net Margin
MSI
MSI
RSG
RSG
Q4 25
19.2%
13.2%
Q3 25
18.7%
13.1%
Q2 25
18.6%
13.0%
Q1 25
17.0%
12.3%
Q4 24
20.3%
12.7%
Q3 24
20.1%
13.9%
Q2 24
16.9%
12.6%
Q1 24
-1.6%
11.8%
EPS (diluted)
MSI
MSI
RSG
RSG
Q4 25
$3.85
$1.76
Q3 25
$3.33
$1.76
Q2 25
$3.04
$1.75
Q1 25
$2.53
$1.58
Q4 24
$3.57
$1.63
Q3 24
$3.29
$1.80
Q2 24
$2.60
$1.62
Q1 24
$-0.23
$1.44

Balance Sheet & Financial Strength

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

Metric
MSI
MSI
RSG
RSG
Cash + ST InvestmentsLiquidity on hand
$1.2B
$76.0M
Total DebtLower is stronger
$13.0B
Stockholders' EquityBook value
$2.4B
$12.0B
Total Assets
$19.4B
$34.4B
Debt / EquityLower = less leverage
1.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MSI
MSI
RSG
RSG
Q4 25
$1.2B
$76.0M
Q3 25
$894.0M
$84.0M
Q2 25
$3.2B
$122.0M
Q1 25
$1.6B
$83.0M
Q4 24
$2.1B
$74.0M
Q3 24
$1.4B
$83.4M
Q2 24
$1.4B
$490.6M
Q1 24
$1.5B
$91.6M
Total Debt
MSI
MSI
RSG
RSG
Q4 25
$13.0B
Q3 25
$12.4B
Q2 25
$12.5B
Q1 25
$12.9B
Q4 24
$11.9B
Q3 24
$12.0B
Q2 24
$11.5B
Q1 24
$11.4B
Stockholders' Equity
MSI
MSI
RSG
RSG
Q4 25
$2.4B
$12.0B
Q3 25
$2.3B
$11.9B
Q2 25
$2.0B
$12.1B
Q1 25
$1.6B
$11.7B
Q4 24
$1.7B
$11.4B
Q3 24
$1.3B
$11.2B
Q2 24
$802.0M
$11.0B
Q1 24
$521.0M
$10.8B
Total Assets
MSI
MSI
RSG
RSG
Q4 25
$19.4B
$34.4B
Q3 25
$18.8B
$33.8B
Q2 25
$16.4B
$33.4B
Q1 25
$14.4B
$33.1B
Q4 24
$14.6B
$32.4B
Q3 24
$13.9B
$31.8B
Q2 24
$13.3B
$31.9B
Q1 24
$13.3B
$31.4B
Debt / Equity
MSI
MSI
RSG
RSG
Q4 25
1.08×
Q3 25
1.04×
Q2 25
1.04×
Q1 25
1.10×
Q4 24
1.04×
Q3 24
1.07×
Q2 24
1.05×
Q1 24
1.05×

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
RSG
RSG
Operating Cash FlowLast quarter
$1.3B
$981.0M
Free Cash FlowOCF − Capex
$1.1B
$404.0M
FCF MarginFCF / Revenue
33.8%
9.8%
Capex IntensityCapex / Revenue
3.4%
14.0%
Cash ConversionOCF / Net Profit
1.94×
1.80×
TTM Free Cash FlowTrailing 4 quarters
$2.6B
$2.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MSI
MSI
RSG
RSG
Q4 25
$1.3B
$981.0M
Q3 25
$798.0M
$1.2B
Q2 25
$273.0M
$1.1B
Q1 25
$510.0M
$1.0B
Q4 24
$1.1B
$1.0B
Q3 24
$759.0M
$1.0B
Q2 24
$180.0M
$1.1B
Q1 24
$382.0M
$811.5M
Free Cash Flow
MSI
MSI
RSG
RSG
Q4 25
$1.1B
$404.0M
Q3 25
$732.0M
$737.0M
Q2 25
$225.0M
$702.0M
Q1 25
$473.0M
$566.0M
Q4 24
$984.0M
$524.4M
Q3 24
$702.0M
$563.6M
Q2 24
$112.0M
$696.0M
Q1 24
$336.0M
$297.0M
FCF Margin
MSI
MSI
RSG
RSG
Q4 25
33.8%
9.8%
Q3 25
24.3%
17.5%
Q2 25
8.1%
16.6%
Q1 25
18.7%
14.1%
Q4 24
32.7%
13.0%
Q3 24
25.2%
13.8%
Q2 24
4.3%
17.2%
Q1 24
14.1%
7.7%
Capex Intensity
MSI
MSI
RSG
RSG
Q4 25
3.4%
14.0%
Q3 25
2.2%
10.5%
Q2 25
1.7%
9.6%
Q1 25
1.5%
11.4%
Q4 24
2.9%
12.3%
Q3 24
2.0%
10.8%
Q2 24
2.6%
10.0%
Q1 24
1.9%
13.3%
Cash Conversion
MSI
MSI
RSG
RSG
Q4 25
1.94×
1.80×
Q3 25
1.42×
2.15×
Q2 25
0.53×
2.02×
Q1 25
1.19×
2.07×
Q4 24
1.75×
2.00×
Q3 24
1.35×
1.77×
Q2 24
0.41×
2.15×
Q1 24
1.79×

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%

RSG
RSG

Other$1.1B26%
Landfill Service Line$780.0M19%
Collection Service Line Residential$761.0M18%
Transfer Service Line$458.0M11%
Environmental Solutions Service Line$435.0M11%
Group3Segment$423.0M10%
Other Service Line Sale Of Recycled Commodities$104.0M3%
Other Service Line Other Noncore$94.0M2%
Collection Service Line Other$18.0M0%

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