Moderna, Inc. MRNA
- Market cap
- $78.8B
- P/E
- 0.0×
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Moderna, Inc. (MRNA) EV/Sales
As of 25 September 2026, Moderna, Inc. (MRNA) trades at a EV/Sales of 33.5×. Over the past ten years it has ranged from −2.6× (January 2019) to 521× (May 2020); the current reading is higher than 76% of that period. That is above the Biotechnology industry median of 10.7× and above the Healthcare sector median of 3.6×.
EV/Sales, daily
Annual
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 3.2× | 16.45% |
| FY2024 | 2.8× | (45.62%) |
| FY2023 | 5.1× | 59.76% |
| FY2022 | 3.2× | (36.02%) |
| FY2021 | 5.0× | (88.64%) |
| FY2020 | 44.0× | (51.23%) |
| FY2019 | 90.2× | — |
| FY2018 | −2.1× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 10.5× | 50.67% |
| Mar 2026 | 7.0× | 115.05% |
| Dec 2025 | 3.2× | 28.91% |
| Sep 2025 | 2.5× | 37.65% |
| 30 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| REGN Regeneron Pharmaceuticals, Inc. compare | 4.9× |
| ONC BeOne Medicines Ltd. - Sponsored ADR compare | 6.0× |
| ALNY Alnylam Pharmaceuticals, Inc. compare | 6.6× |
| VRTX Vertex Pharmaceuticals Incorporated compare | 10.0× |
| ARGX argenex SE compare | 10.5× |
| RPRX Royalty Pharma PLC compare | 13.4× |
| INSM Insmed, Inc. compare | 22.2× |
| MRNA Moderna, Inc. | 33.5× |
| RVMD Revolution Medicines, Inc. compare | 1,499× |
| Biotechnology industry median | 10.7× |
| Healthcare sector median | 3.6× |
| Market median | 2.2× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)
More on MRNA
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement