Moderna, Inc. (MRNA) Enterprise Value (EV): $10.79B
The enterprise value (EV) for Moderna, Inc. (MRNA) is $10.79B as of Wednesday, June 10, 2026.
MRNA Enterprise Value (EV) Metrics
ENTERPRISE VALUE (EV)
$10.79B
MRNA Competitors' Enterprise Value (EV)
| NAME | MARKET CAP | ENTERPRISE VALUE (EV) |
|---|---|---|
| Moderna, Inc. (MRNA) | $18.40B | $10.79B |
| Hologic, Inc. (HOLX) | $16.97B | $15.94B |
| BioNTech SE (BNTX) | $21.81B | $14.31B |
| Mettler-Toledo International Inc. (MTD) | $22.85B | $31.01B |
| Waters Corporation (WAT) | $23.83B | $23.51B |
| Align Technology, Inc. (ALGN) | $12.56B | $10.36B |
| Baxter International Inc. (BAX) | $10.49B | $17.84B |
| Veeva Systems Inc. (VEEV) | $26.73B | $32.05B |
| Charles River Laboratories International, Inc. (CRL) | $9.06B | $12.95B |
| Bio-Rad Laboratories, Inc. (BIO) | $7.89B | $9.26B |
Enterprise Value Calculation
Market Cap
$18.40B
Total Debt
$1.24B
Cash
$2.60B
Enterprise Value
$10.79B
EV-Based Valuation Multiples
Why use EV instead of Market Cap?
- EV accounts for debt - an acquirer must pay or assume it
- EV deducts cash - the acquirer effectively receives it
- EV enables fair comparison of companies with different capital structures
- EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral
Moderna, Inc. Enterprise Value (EV) Formula & Definition
Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Moderna, Inc. Enterprise Value (EV) FAQ
- What is the enterprise value (EV) for Moderna, Inc. (MRNA)?
- The enterprise value (EV) for MRNA stock is $10.79B.
Related Metrics
About Moderna, Inc.
Moderna, Inc., a biotechnology firm, is dedicated to the discovery, development, and commercialization of messenger RNA (mRNA) based therapies and preventive medicines. Its extensive research and development efforts target a broad spectrum of medical needs, including infectious diseases, cancer immunology, rare conditions, cardiovascular ailments, and autoimmune disorders, with operations spanning the United States, Europe, and other global markets. The company's diverse product pipeline encompasses various vaccine candidates: those for respiratory illnesses like COVID-19, influenza, and respiratory syncytial virus (RSV); latent viral infections such as cytomegalovirus (CMV), Epstein-Barr virus (EBV), human immunodeficiency virus (HIV), herpes simplex virus (HSV), and varicella-zoster virus (VZV); and public health threats like Zika and Nipah. Additionally, Moderna is advancing systemic secreted and cell surface-targeted therapeutics, an array of cancer vaccines (including personalized, KRAS, and checkpoint varieties), intratumoral immuno-oncology products, localized regenerative treatments, systemic intracellular medicines, and inhaled pulmonary solutions. Moderna maintains strategic alliances with several prominent entities, including AstraZeneca PLC, Merck & Co., Inc., Vertex Pharmaceuticals Incorporated, Vertex Pharmaceuticals (Europe) Limited, Carisma Therapeutics, Inc., Metagenomi, Inc., the Defense Advanced Research Projects Agency (DARPA), the Biomedical Advanced Research and Development Authority (BARDA), the Institute for Life Changing Medicines, and The Bill & Melinda Gates Foundation. It also holds a collaboration and license agreement with Chiesi Farmaceutici S.P.A. Founded in 2010 as Moderna Therapeutics, Inc., the company officially became Moderna, Inc. in August 2018. Its corporate headquarters are located in Cambridge, Massachusetts.
- Sector
- Healthcare
- Industry
- Biotechnology
- CEO
- Stéphane Bancel