Moderna (MRNA) Asset Utilization Ratio (2019 - 2026)
Moderna's (MRNA) quarterly Asset Utilization Ratio came in at 0.2 in Q2 2026, down 20.31% year-over-year from 0.25 in Q2 2025, and up 6.28% quarter-over-quarter from 0.19 in Q1 2026.
Analysis
Moderna (MRNA) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Moderna (MRNA) has reported Asset Utilization Ratio for 8 consecutive years, with 0.2 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 20.31% year-over-year to 0.2 in Q2 2026; TTM through Jun 2026 was 0.2, a 20.31% decrease from a year earlier, with the FY2025 full-year figure at 0.15, down 26.11% from the prior year.
- Asset Utilization Ratio was 0.2 for Q2 2026 at Moderna, up from 0.19 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.86 in Q1 2022 and troughed at 0.16 in Q4 2025.
- A 5-year average of 0.42 and a median of 0.32 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio jumped 216.97% in 2022 and sank 51.35% in 2024, its largest moves.
- Over 5 years, Asset Utilization Ratio stood at 0.74 in 2022, then plunged by 51.27% to 0.36 in 2023, then sank by 40.23% to 0.22 in 2024, then declined by 26.49% to 0.16 in 2025, then increased by 24.94% to 0.2 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.2 (Q2 2026), 0.19 (Q1 2026), and 0.16 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amgen | 206.44 Bn | 192.45 Bn | 7.24 Bn | 0.40 |
| 2 | Gilead Sciences | 179.97 Bn | 176.79 Bn | 6.22 Bn | 0.58 |
| 3 | Vertex Pharmaceuticals | 130.57 Bn | 122.72 Bn | 2.84 Bn | 0.47 |
| 4 | Regeneron Pharmaceuticals | 81.63 Bn | 73.63 Bn | 3.93 Bn | 0.38 |
| 5 | Argenx Se | 60.34 Bn | 55.16 Bn | 1.37 Bn | - |
| 6 | Moderna | 54.37 Bn | 49.23 Bn | 52.00 Mn | 0.20 |
| 7 | Alnylam Pharmaceuticals | 33.07 Bn | 29.76 Bn | 992.69 Mn | 0.90 |
| 8 | Biogen | 31.84 Bn | 30.55 Bn | 1.96 Bn | 0.33 |
| 9 | Roivant Sciences | 29.49 Bn | 29.49 Bn | 1.16 Mn | 0.00 |
| 10 | Insmed | 27.67 Bn | 26.51 Bn | 358.27 Mn | 0.54 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.20 |
| Mar 31, 2026 | 0.19 |
| Dec 31, 2025 | 0.16 |
| Sep 30, 2025 | 0.18 |
| Jun 30, 2025 | 0.25 |
| Mar 31, 2025 | 0.24 |
| Dec 31, 2024 | 0.22 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.36 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.46 |
| Mar 31, 2023 | 0.60 |
| Dec 31, 2022 | 0.74 |
| Sep 30, 2022 | 0.82 |
| Jun 30, 2022 | 0.86 |
| Mar 31, 2022 | 0.86 |
| Dec 31, 2021 | 0.81 |
| Sep 30, 2021 | 0.64 |