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
DateValue
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