Growth Metrics

Moderna (MRNA) Return on Invested Capital (2018 - 2026)

Moderna (MRNA) has disclosed Return on Invested Capital for 9 consecutive years, with 0.42% as the latest value for Q1 2026.

  • For Q1 2026, Return on Invested Capital fell 7.0% year-over-year to 0.42%; the TTM value through Mar 2026 reached 0.42%, down 7.0%, while the annual FY2025 figure was 0.31%, 0.0% changed from the prior year.
  • Return on Invested Capital hit 0.42% in Q1 2026 for Moderna, down from 0.34% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.89% in Q1 2022 and bottomed at 0.49% in Q2 2024.
  • Average Return on Invested Capital over 5 years is 0.05%, with a median of 0.33% recorded in 2025.
  • Year-over-year, Return on Invested Capital surged 72bps in 2022 and then tumbled -86bps in 2023.
  • Moderna's Return on Invested Capital stood at 0.42% in 2022, then tumbled by -185bps to 0.35% in 2023, then increased by 7bps to 0.33% in 2024, then fell by -2bps to 0.34% in 2025, then decreased by -24bps to 0.42% in 2026.
  • According to Business Quant data, Return on Invested Capital over the past three periods came in at 0.42%, 0.34%, and 0.36% for Q1 2026, Q4 2025, and Q3 2025 respectively.