Moderna, Inc. (MRNA) vs Viatris Inc. (VTRS)
VTRS leads on 7 of 9 compared metrics.
A side-by-side comparison of Moderna, Inc. and Viatris Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 23, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
MRNA
Moderna, Inc.
$57.02HealthcareDelayed quote: Jul 23, 2026, 4:00 PM EDT
VTRS
Viatris Inc.
$17.28HealthcareAt close: Jul 23, 2026, 4:00 PM ET
Total return — MRNA vs VTRS
growth of $100 · dividends reinvested · last 8yMRNA +212.2%VTRS -34.8%MRNA compounded faster
MRNA VTRS
MRNA vs VTRS: by the numbers
- •MRNA is the larger company ($22.62B vs $20.12B market cap).
- •Both run net losses; VTRS's is the smaller (-2.04% vs -143.55% net margin).
- •MRNA grew revenue faster over the past five years (19.33% vs 1.14% CAGR).
- •VTRS pays a dividend (2.78% yield) while MRNA does not currently pay one.
Which is better, MRNA or VTRS?
Metric tally: MRNA 2 · VTRS 7It depends on what you're optimizing for:
GrowthMRNA(faster 5Y revenue CAGR)
QualityVTRS(higher ROIC)
Metrics side by side
Valuation
| Metric | MRNA | VTRS |
|---|---|---|
| Forward P/E | — | 7.05 |
| P/S ratio | 10.31 | 1.39● |
| P/B ratio | 3.10 | 1.39● |
| EV / EBITDA | — | 11.14 |
| FCF yield | — | 8.42% |
Profitability
| Metric | MRNA | VTRS |
|---|---|---|
| Gross margin | 55.35%● | 34.40% |
| Operating margin | -153.35% | -18.62%● |
| Net margin | -143.55% | -2.04%● |
| ROE | -43.12% | -2.02%● |
| ROIC | -29.70% | -7.95%● |
Dividends
| Metric | MRNA | VTRS |
|---|---|---|
| Dividend yield | — | 2.78% |
Growth (annualized)
| Metric | MRNA | VTRS |
|---|---|---|
| Revenue CAGR (5Y) | 19.33%● | 1.14% |
| EPS CAGR (5Y) | — | -41.91% |
| FCF CAGR (5Y) | — | 2.28% |
| Total return CAGR (5Y) | -29.07% | 8.90%● |
Frequently asked
- Which is better, MRNA or VTRS?
- It depends on your goal. growth: MRNA (faster 5Y revenue CAGR); quality: VTRS (higher ROIC). Across all compared metrics, VTRS leads 7 to 2.
- Which has grown faster, MRNA or VTRS?
- Over the past five years, MRNA grew revenue faster — MRNA at a 19.33% CAGR versus VTRS at 1.14%.
- Does MRNA or VTRS pay a bigger dividend?
- VTRS pays a dividend (2.78% yield) while MRNA does not currently pay one.
- Which has been the better investment, MRNA or VTRS?
- Over the past 5-year, VTRS delivered the higher annualized total return — MRNA at -29.07% versus VTRS at -7.45%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Moderna P/E ratioViatris P/E ratioModerna dividend yieldViatris dividend yieldModerna ROEViatris ROEModerna operating marginViatris operating marginModerna revenue growthViatris revenue growthModerna free cash flowViatris free cash flow
Moderna & Viatris 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 July 23, 2026.