Moderna (MRNA) Equity Ratio (2017 - 2026)

Moderna (MRNA) reported Equity Ratio of 0.64 for Q1 2026, down 18.62% year-over-year from 0.79 in Q1 2025, and down 8.02% quarter-over-quarter from 0.7 in Q4 2025.

Moderna (MRNA) Equity Ratio (2017 - 2026) Analysis & Trends

Moderna (MRNA) has 10 years of Equity Ratio data on file, last reported at 0.64 in Q1 2026.

  • Equity Ratio for Q1 2026 came in at 0.64, down 18.62% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.64 (down 18.62% YoY), and the FY2025 annual result was 0.7, down 9.05% from the prior year.
  • Equity Ratio eased to 0.64 in Q1 2026 per MRNA's latest filing, from 0.7 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.79 in Q1 2025 and troughed at 0.62 in Q1 2022.
  • A 5-year average of 0.73 and a median of 0.75 in 2023 frame the typical range for Equity Ratio.
  • The sharpest annual moves came in 2022 and 2026: Equity Ratio soared 104.55% in 2022, then decreased 18.62% in 2026.
  • A 5-year view of Equity Ratio shows it stood at 0.74 in 2022, then increased by 1.67% to 0.75 in 2023, then rose by 2.52% to 0.77 in 2024, then dropped by 9.05% to 0.7 in 2025, then declined by 8.02% to 0.64 in 2026.
  • Business Quant data shows MRNA's Equity Ratio at 0.64 in Q1 2026, 0.7 in Q4 2025, and 0.77 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - 191.07
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - 0.98
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - 0.04
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.58
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - 0.42
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn 0.73
9 Abivax 91.96 Bn 91.96 Bn - 0.79
10 Moderna 25.27 Bn 20.06 Bn -566.00 Mn 0.64

Historic Data

Download Data
DateValue
Mar 31, 2026 0.64
Dec 31, 2025 0.70
Sep 30, 2025 0.77
Jun 30, 2025 0.78
Mar 31, 2025 0.79
Dec 31, 2024 0.77
Sep 30, 2024 0.75
Jun 30, 2024 0.75
Mar 31, 2024 0.77
Dec 31, 2023 0.75
Sep 30, 2023 0.69
Jun 30, 2023 0.77
Mar 31, 2023 0.78
Dec 31, 2022 0.74
Sep 30, 2022 0.69
Jun 30, 2022 0.69
Mar 31, 2022 0.62
Dec 31, 2021 0.57
Sep 30, 2021 0.48
Jun 30, 2021 0.42