Moderna (MRNA) Return on Assets [ROA] (2019 - 2026)
Moderna's Return on Assets [ROA] was -28.07% in Q2 2026, down 4.58 percentage points from -23.49% a year earlier and down 1.26 percentage points from the prior quarter.
Moderna (MRNA) Return on Assets [ROA] (2019 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Moderna came in at -21.31%, up 0.55 percentage points from FY2024.
- Return on Assets [ROA] shows a five-year change of -4.58 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was -21.87% in FY2024 (-0.58 pp), -21.29% in FY2023 (-54.39 pp), 33.10% in FY2022 (-43.15 pp) and 76.25% in FY2021 (+92.99 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Assets [ROA] since Q2 2024.
- Compared with a year earlier, Return on Assets [ROA] was higher in five of the last eight quarters, with an average year-over-year change of +1.01 percentage points.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q4 2021 (a gain of 65.99 percentage points); the worst was Q3 2023 (a drop of 61.93 percentage points).
- Per Business Quant data, MRNA's Return on Assets [ROA] in the three quarters before Q2 2026 was -26.81% (Q1 2026), -23.06% (Q4 2025) and -25.81% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,122.91 Bn | 1,091.50 Bn | 19.71 Bn | 20.64% |
| 2 | Johnson & Johnson | 615.09 Bn | 533.62 Bn | 17.26 Bn | 10.47% |
| 3 | AbbVie | 504.75 Bn | 477.86 Bn | 12.70 Bn | 4.65% |
| 4 | Merck | 360.18 Bn | 314.55 Bn | 12.21 Bn | 2.45% |
| 5 | Novartis Ag | 292.05 Bn | 256.04 Bn | 11.24 Bn | 10.60% |
| 6 | Astrazeneca | 256.09 Bn | 229.78 Bn | 12.86 Bn | 9.10% |
| 7 | Amgen | 233.63 Bn | 189.02 Bn | 7.24 Bn | 9.29% |
| 8 | Gilead Sciences | 194.49 Bn | 168.69 Bn | 6.22 Bn | -6.13% |
| 9 | Pfizer | 168.35 Bn | 114.99 Bn | 10.94 Bn | 2.14% |
| 10 | Moderna | 85.93 Bn | 65.29 Bn | 52.00 Mn | -28.07% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -28.07% |
| Mar 31, 2026 | -26.81% |
| Dec 31, 2025 | -23.06% |
| Sep 30, 2025 | -25.81% |
| Jun 30, 2025 | -23.49% |
| Mar 31, 2025 | -25.01% |
| Dec 31, 2024 | -23.78% |
| Sep 30, 2024 | -14.13% |
| Jun 30, 2024 | -36.21% |
| Mar 31, 2024 | -33.95% |
| Dec 31, 2023 | -24.89% |
| Sep 30, 2023 | -16.77% |
| Jun 30, 2023 | 5.25% |
| Mar 31, 2023 | 19.14% |
| Dec 31, 2022 | 32.21% |
| Sep 30, 2022 | 45.16% |
| Jun 30, 2022 | 52.39% |
| Mar 31, 2022 | 56.00% |
| Dec 31, 2021 | 53.53% |
| Sep 30, 2021 | 38.09% |
Moderna Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=MRNA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=MRNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();