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Moderna MRNA Return on equity

Return on equity at other companies

Pfizer logo
PfizerPFE
10.6%
ALN
Alnylam PharmaceuticalsALNY
91.4%
Ultragenyx Pharmaceutical logo
Ultragenyx PharmaceuticalRARE
-325.6%+36.9pp
Roivant Sciences logo
Roivant SciencesROIV
-17.1%-17.7pp
Vaxcyte, Inc. logo
Vaxcyte, Inc.PCVX
-30.6%+37.9pp
Viridian Therapeutics, Inc. logo
Viridian Therapeutics, Inc.VRDN
-58.1%+7.9pp

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%
P/S9.8×+6.3×

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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Debt / equity0.2×+0.1×
Current ratio2.3×-1.6×

Where this comes from

Calculated from Moderna’s reported figures.

Based on trailing twelve months.

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 return on equity?
Moderna (MRNA) reported return on equity of -39% in Q2 2026.
How has Moderna's return on equity changed year-over-year?
Moderna's return on equity decreased by 41.8% year-over-year, from -27.5% to -39%.
What is the long-term trend for Moderna's return on equity?
Over 5 years (2020 to 2025), Moderna's return on equity has grown at a -6.3% compound annual growth rate (CAGR), from -40% to -28.9%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.

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