NASDAQ · Biotechnology

Moderna, Inc. (MRNA) Stock

$197.00 +0.26% NASDAQ: MRNA Healthcare

Valuation

MetricValue
Price$197.00
Market Cap$78.17B
P/E Ratio-24.92
P/B Ratio11.65
P/S Ratio35.42
EPS (TTM)$-7.26
52-Week High$211.22
52-Week Low$22.28
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE-39.20%
ROA-28.75%
ROCE-39.40%
Gross Margin-69.89%
Operating Margin-1.31%
Net Margin-141.43%
Debt/Equity0.19
Current Ratio2.41

Annual Financials (USD)

Metric20212022202320242025
Revenue$17.7B$18.9B$6.8B$3.2B$1.9B
Operating Profit$13.3B$9.4B$-4.2B$-3.9B$-3.1B
Net Profit$12.2B$8.4B$-4.7B$-3.6B$-2.8B
EPS$28.29$20.10$-12.34$-9.27$-7.26
Op Margin75.0%49.9%-61.9%-123.3%-158.1%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$24.7B$25.9B$18.4B$14.1B$12.3B
Total Liabilities$10.5B$6.7B$4.6B$3.2B$3.7B
Cash$6.8B$3.2B$2.9B$1.9B$2.6B
Borrowings$916.0M$1.2B$1.2B$747.0M$1.9B

Latest News

Cheiron Raises $8M Seed Led by Menlo Ventures to Build the Operating System for Drug Programs GlobeNewswire · Jul 22, 2026 Fishbone Advisors Survey: Institutional Investors See Healthcare's AI Story as Overblown Business Wire · Jul 22, 2026 Is Moderna (MRNA) Fully Valued As Board Changes And Earnings Near? Simply Wall St. · Jul 22, 2026 Moderna (MRNA) Appoints Michael McDonnell To Board As Committee Roles Shift Simply Wall St. · Jul 22, 2026 Should You Buy Moderna Stock Hand Over Fist Before Aug. 5? Motley Fool · Jul 22, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$13.6B$5.0B$-3.1B$-3.0B$-1.9B
Investing Cash Flow$-8.8B$-5.6B$3.5B$898.0M$1.8B
Financing Cash Flow$-857.0M$-3.3B$-1.2B$0$19.0M
Net Cash Flow$4.2B$-3.6B$-289.0M$-999.0M$668.0M
Free Cash Flow$13.3B$4.6B$-3.8B$-4.1B$-2.1B

Valuation & Return Ratios

MetricValue
PEG Ratio2.95
EV / EBITDA-27.74
FCF Yield-1.55%
Quick Ratio2.18
Interest Coverage-132.80
Return 1Y580.68%
Return 3Y80.46%
Return 5Y-39.40%

Ownership

Insiders Held7.31%
Institutions Held78.83%
Institutions Float Held85.05%
Institutional HolderSharesReport Date
FMR, LLC45,672,0242026-03-31
Blackrock Inc.29,635,8762026-03-31
Vanguard Capital Management LLC22,872,4582026-03-31
BAILLIE GIFFORD & CO19,985,8762026-03-31
Capital World Investors18,697,6942026-03-31

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
ARCTArcturus Therapeutics Holdings Inc. $12.87 +0.82% -3.91 $365.80M 0.00%
BNTXBioNTech SE $90.07 -1.55% -15.45 $22.78B 0.00%
GSKGSK plc $51.58 — 9.28 $103.73B 3.49%
INOInovio Pharmaceuticals, Inc. $1.09 -5.63% -1.00 $75.31M 0.00%
NVAXNovavax, Inc. $11.01 -1.87% -7.38 $1.81B 0.00%

About Moderna, Inc.

Moderna, Inc. is led by CEO Stéphane Bancel, employs 5,800 people, headquartered in Cambridge, US, publicly traded since 2018.

Moderna, Inc. (MRNA) stock trades at $197.00 with a market capitalization of $78.17B. The stock is valued at a price-to-earnings (P/E) ratio of -24.92, price-to-book of 11.65, price-to-sales of 35.42. Over the past 52 weeks the stock has ranged between $22.28 and $211.22, and currently trades 6.7% below its 52-week high.

On profitability, Moderna, Inc. generates a return on equity (ROE) of -39.20%, return on capital employed of -39.40%, an operating margin of -1.31%, a net profit margin of -141.43%.

In its most recent fiscal year, Moderna, Inc. reported annual revenue of $1.9B, net profit of $-2.8B, revenue has compounded at 19.3% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 0.19 — a conservative balance sheet with little leverage risk, a current ratio of 2.41, total assets of $12.3B, $2.6B in cash and equivalents.

MRNA has a beta of 0.90.

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