LEGN vs MESO vs CRSP Stock Comparison

Legend Biotech, Mesoblast and CRISPR Therapeutics AG Prices as of Oct 28, 2026 Peers: Industry group
LEGN Legend Biotech Corp
$22.53 +21.0% 1M -30.8% 1Y
Market cap
$4.15B
P/E
–
Revenue (TTM)
$1.27B
Div. yield
–
Gene and Cell Therapy Healthcare
4 wins
MESO Mesoblast Ltd
$13.39 -7.7% 1M -20.0% 1Y
Market cap
$1.73B
P/E
–
Revenue (TTM)
—
Div. yield
–
Gene and Cell Therapy Healthcare
2 wins
CRSP CRISPR Therapeutics AG
$54.11 +0.0% 1M -15.7% 1Y
Market cap
$5.23B
P/E
–
Revenue (TTM)
$13.39M
Div. yield
–
Gene and Cell Therapy Healthcare
3 wins

Head to Head

9 decided of 12

Legend Biotech leads on 4 of the 12 questions below (Legend Biotech 4, CRISPR Therapeutics AG 3, Mesoblast 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLEGNMESOCRSPLeader
Larger companyMarket capitalisation $4.15B $1.73B $5.23B CRSP
Cheaper on earningsLower P/E, profitable companies only -45.3x -30.2x -11.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — — –
Faster revenue growthRevenue growth, trailing twelve months +59.5% — -64.8% LEGN
More profitableNet margin, trailing twelve months -7.2% — -3,368.7% LEGN
Better return on capitalReturn on invested capital -4.2% — -22.6% LEGN
Less leveragedLower net debt / EBITDA 28.0x — 3.4x CRSP
Higher dividend yieldTrailing dividend yield — — — –
Better 1-year returnPrice return, last 12 months -30.8% -20.0% -15.7% CRSP
Better 5-year returnAnnualised price return, 5 years -15.6%/yr +2.0%/yr -9.9%/yr MESO
Less volatileAnnualised volatility, 1 year 72.3% 54.8% 57.4% MESO
Higher overall scoreMean of the five percentile scores vs peers 73/100 — 45/100 LEGN

Percentile Scorecard

LEGNMESOCRSP

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

AxisLEGNMESOCRSP
Valuation 89 #72 of 625 71 #185 of 625 50 #311 of 625
Growth 96 #23 of 602 – 31 #413 of 602
Profitability 80 #109 of 549 – 32 #374 of 549
Financial Health 54 #299 of 654 44 #364 of 654 71 #189 of 654
Shareholder Returns 44 #206 of 367 – 38 #227 of 367
Overall 73 – 45
  • LEGN ranked among 672 companies in Pharmaceuticals and Biotechnology
  • MESO ranked among 672 companies in Pharmaceuticals and Biotechnology
  • CRSP ranked among 672 companies in Pharmaceuticals and Biotechnology

Price Performance

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

Returns

PeriodLEGNMESOCRSPSPY
1 month +21.0%-7.7%+0.0% +0.9%
3 months +19.5%-5.2%+13.6% +5.9%
6 months -1.1%-13.9%+6.7% +8.5%
Year to date +3.6%-25.8%+3.2% +13.3%
1 year -30.8%-20.0%-15.7% +12.4%
3 years -64.6%+472.2%+39.7% +88.1%
3 years, per year -29.3%+78.9%+11.8% +23.5%
5 years -57.1%+10.7%-40.8% +68.2%
5 years, per year -15.6%+2.0%-9.9% +11.0%
10 years —+55.0%+223.2% +263.4%
10 years, per year —+4.5%+12.4% +13.8%

Risk

MeasureLEGNMESOCRSPSPY
Volatility, 1Y 72.3%54.8%57.4% 12.7%
Downside volatility, 1Y 62.7%54.9%53.8% 12.7%
Beta vs S&P 500, 1Y 0.441.531.84 1.00
Return / volatility, 1Y -0.43-0.36-0.27 0.98
Max drawdown, 5Y -78.2%-87.9%-67.7% -25.4%
From 52-week high -37.9%-36.1%-15.7% -0.9%
52-week high $36.28$20.96$64.17 $779.14
52-week low $16.65$11.95$44.34 $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.

MultipleLEGNMESOCRSP
P/E now vs peer median -45.3xmedian 17.4x -30.2xmedian 17.4x -11.6xmedian 17.4x
P/S now vs peer median 3.3xmedian 9.1x 14.4xmedian 9.1x 390.6xmedian 9.1x
EV/EBITDA now vs peer median -197.3xmedian 17.1x —median 17.1x -6.7xmedian 17.1x
P/FCF now vs peer median -64.3xmedian 19.0x -38.8xmedian 19.0x -14.1xmedian 19.0x
P/B now vs peer median 3.4xmedian 2.2x 3.1xmedian 2.2x 3.0xmedian 2.2x
PEG now vs peer median -0.96median 0.34 —median 0.34 -3.01median 0.34

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 monthsLEGNMESOCRSP
Revenue $1.27B – $13.39M
Gross profit $727.10M – –
Operating income -$55.25M – -$534.34M
Net income -$80.39M – -$451.14M
Free cash flow -$64.60M – -$371.33M
R&D $396.15M – $278.15M
EPS (diluted) $-0.50 – $-4.67
Cash & equivalents $672.90M $102.91M $291.34M
Total debt $1.06B $119.24M $586.20M
Shares (diluted) 184.32M 129.49M 96.51M
Enterprise value $1.65B $1.30B -$3.47B

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
MetricLEGNMESOCRSP
P/E -45.3x -30.2x -11.6x
P/FCF -64.3x -38.8x -14.1x
P/Operating cash flow -46.5x – -14.2x
P/S 3.3x 14.4x 390.6x
P/B 3.4x 3.1x 3.0x
P/Tangible book 3.4x 3.1x 3.0x
EV/EBITDA -197.3x – -6.7x
EV/EBIT -65.8x – -6.5x
EV/Revenue 2.9x – 257.8x
EV/FCF -56.3x – -9.3x
EV/Operating cash flow -40.7x – -9.3x
PEG (3Y EPS CAGR) -0.96 – -3.01

Growth

14 metrics
MetricLEGNMESOCRSP
Revenue growth (1Y) 59.5% – -64.8%
Revenue CAGR (3Y) 97.6% – -57.1%
Gross profit growth (1Y) 42.4% – –
Gross profit CAGR (3Y) 147.5% – –
Operating income growth (1Y) 75.3% – 3.3%
Operating income CAGR (3Y) 49.1% – -4.1%
Net income growth (1Y) 75.3% – 3.6%
Net income CAGR (3Y) 46.7% – -2.7%
EPS growth (1Y) 72.0% – 13.0%
EPS CAGR (3Y) 47.0% – 3.9%
Operating cash flow growth (1Y) 67.5% – -13.8%
Operating cash flow CAGR (3Y) 37.1% – -2.5%
Free cash flow growth (1Y) 77.8% – -14.1%
Free cash flow CAGR (3Y) 44.5% – -0.9%

Profitability

14 metrics
MetricLEGNMESOCRSP
Gross margin 57.2% – –
EBITDA margin -1.5% – -3,850%
Operating margin -4.3% – -3,990%
Pretax margin -4.4% – -3,346%
Net margin -7.2% – -3,369%
FCF margin -5.1% – -2,773%
Operating cash flow margin -7.0% – -2,760%
Return on equity -8.3% – -25.3%
Return on assets -5.5% – -16.8%
Return on invested capital -4.2% – -22.6%
Return on capital employed -4.3% – -20.9%
Asset turnover 0.8x – 0.0x
Cash conversion (OCF / net income) 1.1x – 0.8x
Stock comp / revenue 5.2% – 510.2%

Financial Health

11 metrics
MetricLEGNMESOCRSP
Debt / assets 8.9% 15.4% 22.1%
Debt / equity 0.1x 0.2x 0.3x
Net debt / EBITDA 28.0x – 3.4x
Debt / FCF -2.4x – -1.6x
Liabilities / assets 29.8% 26.5% 34.1%
Equity / assets 70.2% 73.5% 65.9%
Interest coverage -4.8x – –
Current ratio 3.0x 2.4x 17.8x
Quick ratio 1.7x 2.0x 17.8x
Cash ratio 1.7x 1.3x 17.8x
Altman Z-score 6.95 – 2.68

Shareholder Returns

7 metrics
MetricLEGNMESOCRSP
Dividend yield – – –
Net buyback yield -5.2% – -8.2%
Shareholder yield -5.2% – -8.2%
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.

ConsensusLEGNMESOCRSP
EPS, next fiscal year $-0.04FY2026 $-0.15FY2027 $-4.10FY2026
Revenue, next fiscal year $1.37BFY2026 $188.99MFY2027 $38.73MFY2026
Revenue growth, next FY +32.9%FY2026 +57.2%FY2027 +1,003.4%FY2026
Revenue growth, the year after +35.9% +110.3% +266.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLEGNMESOCRSP
Held by institutions 55.9% 3.0% 78.9%
Institutions holding 218 73 518
Change in shares held, QoQ +7.3% +17.7% -1.0%
Institutions buying 117 34 237
Institutions selling 78 20 139
Buyers to sellers 1.50 1.70 1.71

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.

LEGNMESOCRSP
LEGN 1.00 0.14 0.05
MESO 0.14 1.00 0.23
CRSP 0.05 0.23 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LEGN, MESO and CRSP?

CRISPR Therapeutics AG (CRSP) is the largest by market capitalisation: Legend Biotech (LEGN) $4.15B, Mesoblast (MESO) $1.73B, CRISPR Therapeutics AG (CRSP) $5.23B.

Which company is growing faster?

Legend Biotech (LEGN) grew revenue fastest over the trailing twelve months: Legend Biotech (LEGN) +59.5%, CRISPR Therapeutics AG (CRSP) -64.8%.

Which company is more profitable?

Legend Biotech (LEGN) has the highest net margin (Legend Biotech (LEGN) -7.2%, CRISPR Therapeutics AG (CRSP) -3,368.7%). On return on invested capital, Legend Biotech (LEGN) leads (Legend Biotech (LEGN) -4.2%, CRISPR Therapeutics AG (CRSP) -22.6%).

Which stock has performed better?

Over the past year CRISPR Therapeutics AG (CRSP) returned the most: Legend Biotech (LEGN) -30.8%, Mesoblast (MESO) -20.0%, CRISPR Therapeutics AG (CRSP) -15.7%. Over five years, Mesoblast (MESO) compounded fastest (Legend Biotech (LEGN) -15.6%/yr, Mesoblast (MESO) +2.0%/yr, CRISPR Therapeutics AG (CRSP) -9.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Mesoblast (MESO) has been the steadiest (Legend Biotech (LEGN) 72.3%, Mesoblast (MESO) 54.8%, CRISPR Therapeutics AG (CRSP) 57.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LEGN, MESO and CRSP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Legend Biotech (LEGN) 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.