Moderna (MRNA) Price to FCF (2018 - 2026)
Moderna's (MRNA) quarterly Price to FCF came in at 49.63 in Q2 2026, down 326.36% year-over-year from 21.93 in Q2 2025, and down 70.29% quarter-over-quarter from 29.14 in Q1 2026.
Moderna (MRNA) Price to FCF (2018 - 2026) Analysis & Trends
Moderna (MRNA) has reported Price to FCF for 9 consecutive years, with 49.63 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Price to FCF fell 326.36% year-over-year to 49.63 in Q2 2026; TTM through Jun 2026 was 22.46, a 630.4% decrease from a year earlier, with the FY2025 full-year figure at 5.63, down 42.16% from the prior year.
- Price to FCF was 49.63 for Q2 2026 at Moderna, down from 29.14 in the prior quarter.
- Over five years, Price to FCF peaked at 280.75 in Q3 2022 and troughed at 49.63 in Q2 2026.
- A 5-year average of 26.13 and a median of 11.56 in 2025 frame the typical range for Price to FCF.
- Across the five-year window, Price to FCF surged 999.0% in 2022 and slumped 326.36% in 2026, its largest moves.
- Over 5 years, Price to FCF stood at 44.05 in 2022, then jumped by 114.55% to 94.5 in 2023, then plunged by 43.95% to 52.97 in 2024, then plunged by 75.38% to 13.04 in 2025, then plunged by 480.59% to 49.63 in 2026.
- The last three Price to FCF figures came in at 49.63 (Q2 2026), 29.14 (Q1 2026), and 13.04 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Johnson & Johnson | 649.01 Bn | 628.25 Bn | 17.26 Bn |
| 2 | AbbVie | 468.55 Bn | 462.03 Bn | 12.70 Bn |
| 3 | Merck | 365.49 Bn | 358.40 Bn | 12.21 Bn |
| 4 | Novartis Ag | 272.39 Bn | 265.10 Bn | 11.24 Bn |
| 5 | Astrazeneca | 253.18 Bn | 247.96 Bn | 12.86 Bn |
| 6 | Amgen | 219.53 Bn | 205.54 Bn | 7.24 Bn |
| 7 | Gilead Sciences | 187.85 Bn | 184.59 Bn | 6.22 Bn |
| 8 | Pfizer | 160.56 Bn | 149.16 Bn | 10.94 Bn |
| 9 | Vertex Pharmaceuticals | 130.81 Bn | 122.96 Bn | 2.84 Bn |
| 10 | Moderna | 72.66 Bn | 67.52 Bn | 52.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -49.63 |
| Mar 31, 2026 | -29.14 |
| Dec 31, 2025 | 13.04 |
| Sep 30, 2025 | -11.48 |
| Jun 30, 2025 | -11.64 |
| Mar 31, 2025 | -9.51 |
| Dec 31, 2024 | 52.97 |
| Sep 30, 2024 | -14.99 |
| Jun 30, 2024 | -31.32 |
| Mar 31, 2024 | -34.44 |
| Dec 31, 2023 | 94.50 |
| Sep 30, 2023 | -22.62 |
| Jun 30, 2023 | -40.29 |
| Mar 31, 2023 | -44.08 |
| Dec 31, 2022 | 44.05 |
| Sep 30, 2022 | 280.75 |
| Jun 30, 2022 | 258.05 |
| Mar 31, 2022 | 26.19 |
| Dec 31, 2021 | 32.09 |
| Sep 30, 2021 | 49.06 |
Moderna Price to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-fcf&ticker=MRNA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "ticker": "MRNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-fcf&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();