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| Date | Value |
|---|---|
| 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 |