ALNY vs MRNA vs BNTX Stock Comparison

Alnylam Pharmaceuticals, Moderna and BioNTech SE Prices as of Oct 23, 2026 Peers: Industry group
MRNA Moderna, Inc.
$200.10 +9.9% 1M +662.3% 1Y
Market cap
$79.24B
P/E
–
Revenue (TTM)
$2.23B
Div. yield
–
Biotechnology Healthcare
3 wins
BNTX BioNTech SE
$88.11 -10.5% 1M -15.9% 1Y
Market cap
$21.01B
P/E
–
Revenue (TTM)
$3.09B
Div. yield
–
Biotechnology Healthcare
2 wins

Head to Head

9 decided of 12

Alnylam Pharmaceuticals leads on 4 of the 12 questions below (Alnylam Pharmaceuticals 4, Moderna 3, BioNTech SE 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionALNYMRNABNTXLeader
Larger companyMarket capitalisation $30.46B $79.24B $21.01B MRNA
Cheaper on earningsLower P/E, profitable companies only 41.6x -25.1x -10.7x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 32.4x — — –
Faster revenue growthRevenue growth, trailing twelve months +90.1% -27.6% -1.1% ALNY
More profitableNet margin, trailing twelve months 15.3% -141.4% -63.5% ALNY
Better return on capitalReturn on invested capital — -43.3% -10.7% BNTX
Less leveragedLower net debt / EBITDA — 1.5x 8.7x MRNA
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -51.7% +662.3% -15.9% MRNA
Better 5-year returnAnnualised price return, 5 years +2.4%/yr -9.3%/yr -20.6%/yr ALNY
Less volatileAnnualised volatility, 1 year 51.3% 130.7% 46.6% BNTX
Higher overall scoreMean of the five percentile scores vs peers 77/100 57/100 64/100 ALNY

Percentile Scorecard

ALNYMRNABNTX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisALNYMRNABNTX
Valuation 81 #122 of 624 69 #196 of 624 91 #58 of 624
Growth 98 #12 of 603 18 #494 of 603 14 #521 of 603
Profitability 93 #40 of 555 57 #242 of 555 76 #132 of 555
Financial Health 45 #359 of 657 55 #299 of 657 89 #72 of 657
Shareholder Returns 67 #123 of 370 85 #58 of 370 51 #183 of 370
Overall 77 57 64
  • ALNY ranked among 671 companies in Pharmaceuticals and Biotechnology
  • MRNA ranked among 671 companies in Pharmaceuticals and Biotechnology
  • BNTX ranked among 671 companies in Pharmaceuticals and Biotechnology

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodALNYMRNABNTXSPY
1 month -9.1%+9.9%-10.5% -1.0%
3 months -17.6%+270.1%-1.4% +2.9%
6 months -26.7%+294.4%-16.5% +6.4%
Year to date -43.7%+578.5%-7.4% +11.4%
1 year -51.7%+662.3%-15.9% +13.1%
3 years +36.6%+150.9%-8.0% +79.4%
3 years, per year +11.0%+35.9%-2.8% +21.5%
5 years +12.8%-38.7%-68.3% +67.7%
5 years, per year +2.4%-9.3%-20.6% +10.9%
10 years +510.9%—— +255.2%
10 years, per year +19.8%—— +13.5%

Risk

MeasureALNYMRNABNTXSPY
Volatility, 1Y 51.3%130.7%46.6% 12.7%
Downside volatility, 1Y 62.6%79.5%46.6% 12.7%
Beta vs S&P 500, 1Y 0.362.120.96 1.00
Return / volatility, 1Y -1.015.07-0.34 1.03
Max drawdown, 5Y -58.2%-93.9%-78.4% -25.4%
From 52-week high -53.5%-18.6%-26.2% -2.5%
52-week high $481.59$245.81$119.34 $779.14
52-week low $205.48$22.36$83.89 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleALNYMRNABNTX
P/E now vs peer median 40.8xmedian 17.2x -25.3xmedian 17.2x -10.8xmedian 17.2x
P/S now vs peer median 6.2xmedian 8.8x 35.8xmedian 8.8x 7.2xmedian 8.8x
EV/EBITDA now vs peer median 25.3xmedian 16.0x -24.5xmedian 16.0x -5.8xmedian 16.0x
P/FCF now vs peer median 36.5xmedian 17.8x -64.2xmedian 17.8x 21.5xmedian 17.8x
P/B now vs peer median 22.1xmedian 2.1x 11.8xmedian 2.1x 1.1xmedian 2.1x
PEG now vs peer median 1.08median 0.32 0.39median 0.32 0.31median 0.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsALNYMRNABNTX
Revenue $4.80B $2.23B $3.09B
Gross profit $3.83B $521.00M $2.34B
Operating income $999.78M -$3.32B -$2.33B
Net income $733.11M -$3.15B -$1.97B
Free cash flow $819.87M -$1.24B $1.04B
R&D $1.51B $2.88B $2.54B
EPS (diluted) $5.30 $-7.92 $-8.13
Cash & equivalents $1.71B $1.72B $11.13B
Total debt – $591.00M $1.19B
Shares (diluted) 138.28M 398.00M 241.70M
Enterprise value $18.51B $58.60B -$25.46B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricALNYMRNABNTX
P/E 40.8x -25.3x -10.8x
P/FCF 36.5x -64.2x 21.5x
P/Operating cash flow 32.9x -74.4x 28.1x
P/S 6.2x 35.8x 7.2x
P/B 22.1x 11.8x 1.1x
P/Tangible book 22.1x 11.8x 1.1x
EV/EBITDA 25.3x -24.5x -5.8x
EV/EBIT 26.7x -22.7x -3.9x
EV/Revenue 5.5x 33.8x 2.9x
EV/FCF 32.5x -60.5x 8.6x
EV/Operating cash flow 29.2x -70.2x 11.3x
PEG (3Y EPS CAGR) 1.08 0.39 0.31

Growth

14 metrics
MetricALNYMRNABNTX
Revenue growth (1Y) 90.1% -27.6% -1.1%
Revenue CAGR (3Y) 57.2% -40.6% -31.0%
Gross profit growth (1Y) 79.7% -67.8% -6.4%
Gross profit CAGR (3Y) 54.6% -56.0% -34.2%
Operating income growth (1Y) 654.9% -1.4% -142.6%
Operating income CAGR (3Y) 47.5% -103.9% -33.8%
Net income growth (1Y) 356.5% -8.5% -417.0%
Net income CAGR (3Y) 39.1% -66.4% -34.6%
EPS growth (1Y) 342.3% -5.8% -393.7%
EPS CAGR (3Y) 37.9% -65.1% -34.9%
Operating cash flow growth (1Y) 2,299% 60.2% 142.8%
Operating cash flow CAGR (3Y) 57.8% -68.1% -56.6%
Free cash flow growth (1Y) 1,151% 64.4% 164.1%
Free cash flow CAGR (3Y) 52.1% -18.2% -53.1%

Profitability

14 metrics
MetricALNYMRNABNTX
Gross margin 79.8% 23.4% 75.5%
EBITDA margin 22.0% -138.2% -49.7%
Operating margin 20.8% -149.0% -75.2%
Pretax margin 16.0% -138.6% -61.4%
Net margin 15.3% -141.4% -63.5%
FCF margin 17.1% -55.8% 33.6%
Operating cash flow margin 19.0% -48.2% 25.6%
Return on equity 63.8% -44.5% -10.3%
Return on assets 14.5% -28.1% -9.0%
Return on invested capital – -43.3% -10.7%
Return on capital employed 26.1% -38.2% -9.9%
Asset turnover 0.9x 0.2x 0.1x
Cash conversion (OCF / net income) 1.2x 0.3x -0.4x
Stock comp / revenue 7.0% 20.7% 3.6%

Financial Health

11 metrics
MetricALNYMRNABNTX
Debt / assets – 5.4% 0.4%
Debt / equity – 0.1x 0.0x
Net debt / EBITDA – 1.5x 8.7x
Debt / FCF – -0.5x 0.1x
Liabilities / assets 75.6% 38.3% 12.7%
Equity / assets 24.4% 61.7% 87.3%
Interest coverage 3.8x – -41.1x
Current ratio 3.1x 2.3x 65.1x
Quick ratio 2.8x 2.0x 50.7x
Cash ratio 2.2x 2.0x 50.0x
Altman Z-score 4.81 11.62 6.36

Shareholder Returns

7 metrics
MetricALNYMRNABNTX
Dividend yield – – –
Net buyback yield -0.6% -0.1% -2.9%
Shareholder yield -0.6% -0.1% -2.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusALNYMRNABNTX
Forward P/E 32.4xFY2026 – –
EPS, next fiscal year $6.92FY2026 $-7.92FY2026 $-6.26FY2026
EPS growth, next FY +197.0%FY2026 – –
EPS growth, the year after +34.0% – –
Revenue, next fiscal year $5.68BFY2026 $2.04BFY2026 $1.91BFY2026
Revenue growth, next FY +53.1%FY2026 +5.1%FY2026 -43.5%FY2026
Revenue growth, the year after +27.4% +26.8% +11.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersALNYMRNABNTX
Held by institutions 99.7% 80.2% 19.4%
Institutions holding 786 784 281
Change in shares held, QoQ +3.8% +3.4% -1.2%
Institutions buying 412 402 136
Institutions selling 277 238 73
Buyers to sellers 1.49 1.69 1.86

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ALNYMRNABNTX
ALNY 1.00 0.21 0.24
MRNA 0.21 1.00 0.59
BNTX 0.24 0.59 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ALNY, MRNA and BNTX?

Moderna (MRNA) is the largest by market capitalisation: Alnylam Pharmaceuticals (ALNY) $30.46B, Moderna (MRNA) $79.24B, BioNTech SE (BNTX) $21.01B.

Which company is growing faster?

Alnylam Pharmaceuticals (ALNY) grew revenue fastest over the trailing twelve months: Alnylam Pharmaceuticals (ALNY) +90.1%, Moderna (MRNA) -27.6%, BioNTech SE (BNTX) -1.1%.

Which company is more profitable?

Alnylam Pharmaceuticals (ALNY) has the highest net margin (Alnylam Pharmaceuticals (ALNY) 15.3%, Moderna (MRNA) -141.4%, BioNTech SE (BNTX) -63.5%). On return on invested capital, BioNTech SE (BNTX) leads (Moderna (MRNA) -43.3%, BioNTech SE (BNTX) -10.7%).

Which stock has performed better?

Over the past year Moderna (MRNA) returned the most: Alnylam Pharmaceuticals (ALNY) -51.7%, Moderna (MRNA) +662.3%, BioNTech SE (BNTX) -15.9%. Over five years, Alnylam Pharmaceuticals (ALNY) compounded fastest (Alnylam Pharmaceuticals (ALNY) +2.4%/yr, Moderna (MRNA) -9.3%/yr, BioNTech SE (BNTX) -20.6%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, BioNTech SE (BNTX) has been the steadiest (Alnylam Pharmaceuticals (ALNY) 51.3%, Moderna (MRNA) 130.7%, BioNTech SE (BNTX) 46.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ALNY, MRNA and BNTX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Alnylam Pharmaceuticals (ALNY) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.