Moderna, Inc. (MRNA) vs Waters Corporation (WAT)
A side-by-side comparison of Moderna, Inc. and Waters Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 30, 2026. Differences are shown without an overall score or investment verdict.
MRNA
Moderna, Inc.
$56.57HealthcareDelayed quote: Jul 30, 2026, 1:35 PM EDT
WAT
Waters Corporation
$378.57HealthcareDelayed quote: Jul 30, 2026, 1:34 PM EDT
Total return — MRNA vs WAT
growth of $100 · dividends reinvested · last 8yMRNA +193.0%WAT +86.5%MRNA compounded faster
MRNA WAT
MRNA vs WAT: by the numbers
- •WAT is the larger company ($24.68B vs $22.45B market cap).
- •WAT is profitable (11.91% net margin) while MRNA runs a net loss (-143.55%).
- •MRNA grew revenue faster over the past five years (19.33% vs 8.48% CAGR).
Metrics side by side
Valuation
| Metric | MRNA | WAT |
|---|---|---|
| P/E ratio | N/A | 48.22 |
| Forward P/E | N/A | 26.13 |
| P/S ratio | 9.67 | 8.27 |
| P/B ratio | 2.91 | 2.04 |
| PEG ratio | N/A | 75.61 |
| EV / EBITDA | N/A | 38.08 |
| FCF yield | N/A | 0.85% |
Profitability
| Metric | MRNA | WAT |
|---|---|---|
| Gross margin | 55.35% | 55.02% |
| Operating margin | -153.35% | 28.22% |
| Net margin | -143.55% | 11.91% |
| ROE | -43.12% | 2.94% |
| ROIC | -29.70% | 17.57% |
Growth (annualized)
| Metric | MRNA | WAT |
|---|---|---|
| Revenue CAGR (5Y) | 19.33% | 8.48% |
| EPS CAGR (5Y) | N/A | 5.16% |
| FCF CAGR (5Y) | N/A | -17.63% |
| Total return CAGR (5Y) | -30.89% | -0.60% |
Frequently asked
- Which has grown faster, MRNA or WAT?
- Over the past five years, MRNA grew revenue faster — MRNA at a 19.33% CAGR versus WAT at 8.48%.
- Is MRNA or WAT more profitable?
- WAT runs the higher net margin — MRNA at -143.55% versus WAT at 11.91%.
- How have MRNA and WAT total returns compared?
- Over the past 5 years, MRNA delivered -30.89% and WAT delivered 9.09% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Moderna P/E ratioWaters P/E ratioModerna dividend yieldWaters dividend yieldModerna ROEWaters ROEModerna operating marginWaters operating marginModerna revenue growthWaters revenue growthModerna free cash flowWaters free cash flow
Moderna & Waters 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 30, 2026.