Is LITE or MSI cheaper?

On trailing earnings, MSI is cheaper: LITE trades at a 153.22 P/E and MSI at 31.38.

Which has grown faster, LITE or MSI?

Over the past five years, MSI grew revenue faster — LITE at a 7.50% CAGR versus MSI at 9.52%.

Does LITE or MSI pay a bigger dividend?

MSI pays a dividend (1.21% yield) while LITE does not currently pay one.

Which has been the better investment, LITE or MSI?

Over the past 10-year, LITE delivered the higher annualized total return — LITE at 41.80% versus MSI at 20.87%. Past performance doesn't predict future results.

Lumentum Holdings Inc. (LITE) vs Motorola Solutions, Inc. (MSI)

MSI leads on 13 of 14 compared metrics.

A side-by-side comparison of Lumentum Holdings Inc. and Motorola Solutions, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

LITE

Lumentum Holdings Inc.

$64.41B

$827.92Technology

MSI

Motorola Solutions, Inc.

$64.65B

$389.44Technology

Total return — LITE vs MSI

growth of $100 · last 11y

LITE +4770.1%MSI +561.8%LITE compounded faster

Log scale — wide-divergence pair

LITE MSI

LITE vs MSI: by the numbers

•MSI is the larger company ($64.65B vs $64.41B market cap).
•MSI trades at the lower earnings multiple (31.38 vs 153.22 P/E).
•MSI grew revenue faster over the past five years (9.52% vs 7.50% CAGR).
•MSI pays a dividend (1.21% yield) while LITE does not currently pay one.

Which is better, LITE or MSI?

Metric tally: LITE 1 · MSI 13

It depends on what you're optimizing for:

ValueMSI(lower P/E)

GrowthMSI(faster 5Y revenue CAGR)

QualityMSI(higher ROIC)

Metrics side by side

Valuation

Metric	LITE	MSI
P/E ratio	153.22	31.38●
Forward P/E	100.96	22.96●
P/S ratio	32.01	5.51●
P/B ratio	26.79	25.72●
PEG ratio	—	0.81
EV / EBITDA	145.49	20.36●
FCF yield	0.34%	3.80%●

Profitability

Metric	LITE	MSI
Gross margin	37.71%	49.28%●
Operating margin	9.53%	24.84%●
Net margin	17.68%	17.61%
ROE	14.79%	82.15%●
ROIC	0.70%	15.89%●

Dividends

Metric	LITE	MSI
Dividend yield	—	1.21%
Payout ratio	—	36.50%

Growth (annualized)

Metric	LITE	MSI
Revenue CAGR (5Y)	7.50%	9.52%●
EPS CAGR (5Y)	-26.64%	18.30%●
FCF CAGR (5Y)	-7.72%	11.35%●
Total return CAGR (5Y)	59.21%●	14.14%

Frequently asked

Which is better, LITE or MSI?: It depends on your goal. value: MSI (lower P/E); growth: MSI (faster 5Y revenue CAGR); quality: MSI (higher ROIC). Across all compared metrics, MSI leads 13 to 1.
Is LITE or MSI cheaper?: On trailing earnings, MSI is cheaper: LITE trades at a 153.22 P/E and MSI at 31.38.
Which has grown faster, LITE or MSI?: Over the past five years, MSI grew revenue faster — LITE at a 7.50% CAGR versus MSI at 9.52%.
Does LITE or MSI pay a bigger dividend?: MSI pays a dividend (1.21% yield) while LITE does not currently pay one.
Which has been the better investment, LITE or MSI?: Over the past 10-year, LITE delivered the higher annualized total return — LITE at 41.80% versus MSI at 20.87%. Past performance doesn't predict future results.

Go deeper

Full LITE analysis Full MSI analysis Interactive comparison tool

Dig into the metrics

Lumentum P/E ratio Motorola Solutions P/E ratio Lumentum dividend yield Motorola Solutions dividend yield Lumentum ROE Motorola Solutions ROE Lumentum operating margin Motorola Solutions operating margin Lumentum revenue growth Motorola Solutions revenue growth Lumentum free cash flow Motorola Solutions free cash flow

Lumentum & Motorola Solutions appear in these rankings

Highest ROE Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.