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Moderna MRNA Price / sales

Price / sales at other companies

Pfizer logo
PfizerPFE
2.2×0.0×
Novavax logo
NovavaxNVAX
2.2×+1.4×
ALN
Alnylam PharmaceuticalsALNY
8.4×-8.8×
Ultragenyx Pharmaceutical logo
Ultragenyx PharmaceuticalRARE
3.1×-2.7×
Roivant Sciences logo
Roivant SciencesROIV
2,400.1×+2,152×
Viridian Therapeutics, Inc. logo
Viridian Therapeutics, Inc.VRDN
28.2×-3,609×

Other financials

Income statement

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Revenue$145.0M+2.1%
Gross profit$52.0M+126%
Operating income-$815.0M+10.1%
Net income-$782.0M+5.2%
EPS (diluted)-$1.97+7.5%

Balance sheet

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Cash & equivalents$1.7B+34.5%
Total debt$1.2B+60.8%
Total equity$6.8B-28.1%
Total assets$11.0B-8.7%

Cash flow

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Operating cash flow-$526.0M+42.8%
CapEx$37.0M+1,133%
Free cash flow-$563.0M+38.9%

Valuation

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Market cap$21.75B+102%
Enterprise value$21.26B+108%

Profitability

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Gross margin23.4%-29.1pp
Operating margin-149%+99.9pp
Net margin-141.4%+141pp
FCF margin-132.4%

Returns & leverage

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Return on equity-39%+28.0pp
Debt / equity0.2×+0.1×
Current ratio2.3×-1.6×

Where this comes from

Calculated from Moderna’s reported figures.

Based on the most recent quarter.

The source filing: Moderna’s 8-K, filed July 31, 2026. Open the filing →

Filed
Jul 31, 2026, 7:03 AM EDT
Accession
0001682852-26-000147

FAQ

What is Moderna's price / sales?
Moderna (MRNA) reported price / sales of 12.5× in Q2 2026.
How has Moderna's price / sales changed year-over-year?
Moderna's price / sales increased by 270.4% year-over-year, from 3.4× to 12.5×.
What is the long-term trend for Moderna's price / sales?
Over 5 years (2020 to 2025), Moderna's price / sales has grown at a -35.4% compound annual growth rate (CAGR), from 52.7× to 5.9×.
What does price / sales mean?
Market capitalization at the quarter end divided by trailing-twelve-month revenue. The price the market pays for each dollar of sales.

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