Growth Metrics

Moderna (MRNA) Invested Capital (2016 - 2025)

Moderna (MRNA) has disclosed Invested Capital for 10 consecutive years, with $8.7 billion as the latest value for Q4 2025.

  • Quarterly Invested Capital fell 20.69% to $8.7 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $8.7 billion through Dec 2025, down 20.69% year-over-year, with the annual reading at $8.7 billion for FY2025, 20.69% down from the prior year.
  • Invested Capital for Q4 2025 was $8.7 billion at Moderna, down from $9.4 billion in the prior quarter.
  • The five-year high for Invested Capital was $20.2 billion in Q4 2022, with the low at $53.0 million in Q1 2025.
  • Average Invested Capital over 5 years is $12.8 billion, with a median of $13.0 billion recorded in 2024.
  • The sharpest move saw Invested Capital soared 453.17% in 2021, then plummeted 99.6% in 2025.
  • Over 5 years, Invested Capital stood at $14.9 billion in 2021, then surged by 35.46% to $20.2 billion in 2022, then fell by 28.56% to $14.4 billion in 2023, then dropped by 24.02% to $11.0 billion in 2024, then fell by 20.69% to $8.7 billion in 2025.
  • According to Business Quant data, Invested Capital over the past three periods came in at $8.7 billion, $9.4 billion, and $9.5 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.