Mesoblast (MESO) Invested Capital (2015 - 2025)

Mesoblast (MESO) posted quarterly Invested Capital of $126.9 million for Q4 2025, up 6.63% year-on-year from $119.0 million in Q4 2024, and up 4.08% on a QoQ basis from $121.9 million in Q2 2025.

Mesoblast (MESO) Invested Capital (2015 - 2025) Analysis & Trends

Mesoblast (MESO) has reported Invested Capital for 9 consecutive years, with $126.9 million the latest figure, recorded in Q4 2025.

  • Quarterly Invested Capital rose 6.63% year-over-year to $126.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $482.1 million (up 5.29% YoY) and the FY2025 annual result came in at $121.9 million, up 6.6% from the prior year.
  • Invested Capital improved to $126.9 million in Q4 2025 per MESO's latest filing, from $121.9 million in the prior quarter.
  • Over the last five years, Invested Capital for MESO reached as high as $126.9 million in Q4 2025 and fell as low as $30.0 million in Q4 2022.
  • A 5-year average of $93.9 million and a median of $101.5 million in 2022 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2022 — Invested Capital tumbled 65.33% — and 2023, when it surged 285.87%.
  • Year by year, Invested Capital stood at $86.5 million in 2021, then slumped by 65.33% to $30.0 million in 2022, then jumped by 285.87% to $115.8 million in 2023, then gained by 2.78% to $119.0 million in 2024, then increased by 6.63% to $126.9 million in 2025.
  • According to Business Quant data, Invested Capital over the past three periods registered $126.9 million, $121.9 million, and $119.0 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - 110.96 Mn
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 116.14 Mn
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn -
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn -
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Mesoblast 2.08 Bn 1.95 Bn - 126.87 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 126.87 Mn
Jun 30, 2025 121.89 Mn
Dec 31, 2024 118.98 Mn
Jun 30, 2024 114.35 Mn
Dec 31, 2023 115.76 Mn
Jun 30, 2023 108.76 Mn
Mar 31, 2023 106.36 Mn
Dec 31, 2022 30.00 Mn
Sep 30, 2022 94.19 Mn
Jun 30, 2022 96.63 Mn
Mar 31, 2022 88.65 Mn
Dec 31, 2021 86.54 Mn
Jun 30, 2021 53.20 Mn
Mar 31, 2021 52.67 Mn
Dec 31, 2020 49.09 Mn
Sep 30, 2020 56.10 Mn
Jun 30, 2020 57.02 Mn
Mar 31, 2020 59.95 Mn
Dec 31, 2019 66.00 Mn
Sep 30, 2019 64.88 Mn