Mesoblast (MESO) Invested Capital (2015 - 2025)
Mesoblast's (MESO) quarterly Invested Capital came in at $66.7 million in Q4 2025, down 34.23% year-on-year from $101.5 million in Q4 2024, and down 45.25% quarter-over-quarter from $121.9 million in Q2 2025.
Mesoblast (MESO) Invested Capital (2015 - 2025) Analysis & Trends
Mesoblast has disclosed Invested Capital across 11 years of filings, most recently posting $66.7 million for Q4 2025.
- Invested Capital for Q4 2025 came in at $66.7 million, down 34.23% year-over-year; the trailing twelve-month figure through Dec 2025 was $404.5 million (down 6.34% YoY), and the FY2025 annual result was $121.9 million, up 6.6% from the prior year.
- Invested Capital came in at $66.7 million for Q4 2025 at Mesoblast, down from $121.9 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $634.6 million in Q2 2021 to a low of $52.7 million in Q1 2021.
- The 5-year median for Invested Capital is $99.0 million (2023), against an average of $161.4 million.
- Across the five-year window, Invested Capital jumped 76.31% in 2021 and tumbled 81.68% in 2023, its largest moves.
- Mesoblast's Invested Capital stood at $86.5 million in 2021, then advanced by 12.07% to $97.0 million in 2022, then advanced by 10.56% to $107.2 million in 2023, then slipped by 5.37% to $101.5 million in 2024, then plunged by 34.23% to $66.7 million in 2025.
- The last three Invested Capital figures came in at $66.7 million (Q4 2025), $121.9 million (Q2 2025), and $101.5 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - | 7.14 Bn |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - | 795.79 Mn |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - | 595,226.00 |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn | 1.00 Bn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - | 14.38 Mn |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn | 19.36 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - | 502.95 Mn |
| 10 | Mesoblast | 21.68 Bn | 21.55 Bn | - | 66.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 66.74 Mn |
| Jun 30, 2025 | 121.89 Mn |
| Dec 31, 2024 | 101.48 Mn |
| Jun 30, 2024 | 114.35 Mn |
| Dec 31, 2023 | 107.23 Mn |
| Jun 30, 2023 | 108.76 Mn |
| Mar 31, 2023 | 99.04 Mn |
| Dec 31, 2022 | 96.98 Mn |
| Sep 30, 2022 | 94.19 Mn |
| Jun 30, 2022 | 593.68 Mn |
| Mar 31, 2022 | 88.65 Mn |
| Dec 31, 2021 | 86.54 Mn |
| Sep 30, 2021 | 53.85 Mn |
| Jun 30, 2021 | 634.60 Mn |
| Mar 31, 2021 | 52.67 Mn |
| Dec 31, 2020 | 49.09 Mn |
| Sep 30, 2020 | 56.10 Mn |
| Jun 30, 2020 | 606.35 Mn |
| Mar 31, 2020 | 59.95 Mn |
| Dec 31, 2019 | 66.00 Mn |