Moderna (MRNA) Asset Utilization Ratio (2019 - 2026)

Moderna (MRNA) reported Asset Utilization Ratio of 0.19 for Q1 2026, down 19.44% year-over-year from 0.23 in Q1 2025, and up 17.56% quarter-over-quarter from 0.16 in Q4 2025.

Moderna (MRNA) Asset Utilization Ratio (2019 - 2026) Analysis & Trends

Moderna (MRNA) has 8 years of Asset Utilization Ratio data on file, last reported at 0.19 in Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.19, down 19.44% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.19 (down 19.44% YoY), and the FY2025 annual result was 0.15, down 26.11% from the prior year.
  • Asset Utilization Ratio grew to 0.19 in Q1 2026 per MRNA's latest filing, from 0.16 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 0.43 and a median of 0.32 in 2024 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio surged 216.97% in 2022, then plunged 51.35% in 2024.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.74 in 2022, then tumbled by 51.27% to 0.36 in 2023, then slumped by 41.43% to 0.21 in 2024, then fell by 24.99% to 0.16 in 2025, then gained by 17.56% to 0.19 in 2026.
  • Business Quant data shows MRNA's Asset Utilization Ratio at 0.19 in Q1 2026, 0.16 in Q4 2025, and 0.18 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 0.55
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.60
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - 1,422.00
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 0.47
9 Abivax 91.96 Bn 91.96 Bn - -
10 Moderna 25.27 Bn 20.06 Bn -566.00 Mn 0.19

Historic Data

Download Data
DateValue
Mar 31, 2026 0.19
Dec 31, 2025 0.16
Sep 30, 2025 0.18
Jun 30, 2025 0.25
Mar 31, 2025 0.23
Dec 31, 2024 0.21
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
Jun 30, 2021 0.49