Edwards Lifesciences Corporation (EW) vs Moderna, Inc. (MRNA)
A side-by-side comparison of Edwards Lifesciences Corporation and Moderna, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.
EW
Edwards Lifesciences Corporation
$92.28HealthcareAt close: Aug 19, 2026, 4:00 PM ET
MRNA
Moderna, Inc.
$174.38HealthcareAt close: Aug 19, 2026, 4:00 PM ET
Total return — EW vs MRNA
growth of $100 · dividends reinvested · last 8yEW +69.5% (+6.8%/yr)MRNA +837.5% (+32.3%/yr)MRNA compounded faster over this window
Log scale — wide-divergence pair
EW MRNA
EW vs MRNA: by the numbers
- •MRNA is the larger company ($69.19B vs $53.13B market cap).
- •EW is profitable (15.43% net margin) while MRNA runs a net loss (-141.43%).
- •MRNA grew revenue faster over the past five years (19.33% vs 5.75% CAGR).
Metrics side by side
Valuation
| Metric | EW | MRNA |
|---|---|---|
| P/E ratio | 53.03 | N/A |
| Forward P/E | 30.75 | N/A |
| P/S ratio | 8.18 | 30.99 |
| P/B ratio | 5.02 | 10.21 |
| EV / EBITDA | 25.61 | N/A |
| FCF yield | 2.69% | N/A |
Profitability
| Metric | EW | MRNA |
|---|---|---|
| Gross margin | 77.98% | 55.35% |
| Operating margin | 28.09% | -158.13% |
| Net margin | 15.43% | -141.43% |
| ROE | 9.46% | -46.61% |
| ROIC | 10.22% | -39.16% |
Growth (annualized)
| Metric | EW | MRNA |
|---|---|---|
| Revenue CAGR (5Y) | 5.75% | 19.33% |
| EPS CAGR (5Y) | 6.87% | N/A |
| FCF CAGR (5Y) | 6.41% | N/A |
| Total return CAGR (5Y) | -4.79% | -14.22% |
Frequently asked
- Which has grown faster, EW or MRNA?
- Over the past five years, MRNA grew revenue faster — EW at a 5.75% CAGR versus MRNA at 19.33%.
- Is EW or MRNA more profitable?
- EW runs the higher net margin — EW at 15.43% versus MRNA at -141.43%.
- How have EW and MRNA total returns compared?
- Over the past 5 years, EW delivered 8.90% and MRNA delivered -14.22% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Edwards Lifesciences P/E ratioEdwards Lifesciences ROEModerna ROEEdwards Lifesciences operating marginModerna operating marginEdwards Lifesciences revenue growthModerna revenue growthEdwards Lifesciences free cash flowModerna free cash flow
Edwards Lifesciences & Moderna appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 20, 2026.