Moderna, Inc. (MRNA) EV/FCF Ratio: 27.77x
Is Moderna, Inc.’s EV/FCF ratio high or low?
Moderna, Inc.'s EV/FCF ratio of 27.77x is in line with its 5-year average of 29.53x, near the low end of its 5-year range (3.51x–106.44x).
The EV/FCF ratio for Moderna, Inc. (MRNA) is 27.77x as of Tuesday, June 9, 2026. It is above its 12-month average by 37.30% (20.23x).
MRNA EV/FCF Ratio Chart
MRNA Average EV/FCF Ratio Chart
MRNA Current vs Average EV/FCF Ratio Chart
MRNA EV/FCF Ratio Metrics
EV/FCF RATIO
27.77x
EV/FCF RATIO AVG TTM
20.23x
EV/FCF RATIO AVG 3Y
39.97x
EV/FCF RATIO AVG 5Y
29.53x
EV/FCF RATIO AVG 10Y
32.24x
EV/FCF RATIO AVG 15Y
32.24x
EV/FCF RATIO AVG 20Y
32.24x
CURRENT VS TTM AVG
+37.30%
CURRENT VS 3Y AVG
-30.52%
CURRENT VS 5Y AVG
-5.95%
CURRENT VS 10Y AVG
-13.85%
CURRENT VS 15Y AVG
-13.85%
CURRENT VS 20Y AVG
-13.85%
MRNA Competitors' EV/FCF Ratio
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Moderna, Inc. (MRNA) | — | 27.77x | 20.23x | 39.97x | 29.53x |
| Hologic, Inc. (HOLX) | $16.97B | 17.53x | 16.89x | 18.61x | 15.13x |
| BioNTech SE (BNTX) | $21.87B | 9.68x | 18.15x | 9.84x | 13.27x |
| Mettler-Toledo International Inc. (MTD) | $23.50B | 32.45x | 33.77x | 33.52x | 38.39x |
| Waters Corporation (WAT) | $24.19B | 134.83x | 42.98x | 42.91x | 41.35x |
| Align Technology, Inc. (ALGN) | $12.76B | 17.17x | 17.74x | 29.63x | 39.00x |
| Veeva Systems Inc. (VEEV) | $27.37B | 50.23x | 29.28x | 32.90x | 38.29x |
| Charles River Laboratories International, Inc. (CRL) | $9.14B | 31.07x | 21.19x | 29.11x | 35.24x |
| Biogen Inc. (BIIB) | $29.39B | 12.48x | 12.70x | 21.68x | 21.18x |
| Bio-Rad Laboratories, Inc. (BIO) | $8.03B | 24.87x | 25.01x | 43.94x | 51.13x |
Cash Flow Valuation Comparison
EV/FCF
27.8x
P/FCF
31.6x
FCF Yield
3.17%
Formula: EV/FCF = Enterprise Value / Free Cash Flow
EV/FCF vs P/FCF:
- EV/FCF accounts for debt and cash through enterprise value
- P/FCF only considers equity value
- EV/FCF can be compared across companies with different debt levels
- Both measure how the market values cash generation
Moderna, Inc. EV/FCF Ratio Formula & Definition
EV/FCF = Enterprise Value / Free Cash Flow (TTM)
Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Moderna, Inc. EV/FCF Ratio FAQ
- What is the EV/FCF ratio for Moderna, Inc. (MRNA)?
- The EV/FCF ratio for MRNA stock is 27.77x.
- Is Moderna, Inc.'s EV/FCF ratio high or low?
- Moderna, Inc.'s EV/FCF ratio of 27.77x is in line with its 5-year average of 29.53x, near the low end of its 5-year range (3.51x–106.44x).
- What is the TTM average EV/FCF ratio for Moderna, Inc. (MRNA)?
- The TTM average EV/FCF ratio for MRNA stock is 20.23x.
- What is the 3Y average EV/FCF ratio for Moderna, Inc. (MRNA)?
- The 3Y average EV/FCF ratio for MRNA stock is 39.97x.
- What is the 5Y average EV/FCF ratio for Moderna, Inc. (MRNA)?
- The 5Y average EV/FCF ratio for MRNA stock is 29.53x.
- What is the 10Y average EV/FCF ratio for Moderna, Inc. (MRNA)?
- The 10Y average EV/FCF ratio for MRNA stock is 32.24x.
- What is the 15Y average EV/FCF ratio for Moderna, Inc. (MRNA)?
- The 15Y average EV/FCF ratio for MRNA stock is 32.24x.
- What is the 20Y average EV/FCF ratio for Moderna, Inc. (MRNA)?
- The 20Y average EV/FCF ratio for MRNA stock is 32.24x.
Moderna, Inc. EV/FCF Ratio History
| DATE | EV/FCF RATIO |
|---|---|
| 2026-06-09 | 27.77x |
| 2026-06-08 | 27.69x |
| 2026-06-05 | 27.58x |
| 2026-06-04 | 30.33x |
| 2026-06-03 | 28.65x |
| 2026-06-02 | 26.39x |
| 2026-06-01 | 26.67x |
| 2026-05-29 | 27.42x |
| 2026-05-28 | 27.67x |
| 2026-05-27 | 27.69x |
| 2026-05-26 | 27.31x |
| 2026-05-22 | 27.21x |
| 2026-05-21 | 27.46x |
| 2026-05-20 | 28.03x |
| 2026-05-19 | 26.44x |
| 2026-05-18 | 28.03x |
| 2026-05-15 | 28.64x |
| 2026-05-14 | 29.30x |
| 2026-05-13 | 29.55x |
| 2026-05-12 | 31.44x |
| 2026-05-11 | 31.18x |
| 2026-05-08 | 32.15x |
| 2026-05-07 | 28.31x |
| 2026-05-06 | 28.48x |
| 2026-05-05 | 27.10x |
| 2026-05-04 | 27.49x |
| 2026-05-01 | 26.21x |
| 2026-04-30 | 26.59x |
| 2026-04-29 | 26.44x |
| 2026-04-28 | 27.38x |
| 2026-04-27 | 28.42x |
| 2026-04-24 | 29.76x |
| 2026-04-23 | 31.16x |
| 2026-04-22 | 32.98x |
| 2026-04-21 | 32.08x |
| 2026-04-20 | 32.31x |
| 2026-04-17 | 31.74x |
| 2026-04-16 | 32.37x |
| 2026-04-15 | 32.10x |
| 2026-04-14 | 31.16x |
| 2026-04-13 | 29.73x |
| 2026-04-10 | 29.91x |
| 2026-04-09 | 30.12x |
| 2026-04-08 | 30.67x |
| 2026-04-07 | 29.35x |
| 2026-04-06 | 28.46x |
| 2026-04-02 | 28.75x |
| 2026-04-01 | 29.30x |
| 2026-03-31 | 29.81x |
| 2026-03-30 | 28.10x |
| 2026-03-27 | 28.98x |
| 2026-03-26 | 31.64x |
| 2026-03-25 | 31.62x |
| 2026-03-24 | 30.16x |
| 2026-03-23 | 30.12x |
| 2026-03-20 | 30.19x |
| 2026-03-19 | 30.84x |
| 2026-03-18 | 30.86x |
| 2026-03-17 | 31.88x |
| 2026-03-16 | 31.47x |
| 2026-03-13 | 30.97x |
| 2026-03-12 | 31.52x |
| 2026-03-11 | 33.23x |
| 2026-03-10 | 32.57x |
| 2026-03-09 | 33.07x |
| 2026-03-06 | 30.94x |
| 2026-03-05 | 31.81x |
| 2026-03-04 | 34.44x |
| 2026-03-03 | 29.16x |
| 2026-03-02 | 31.16x |
| 2026-02-27 | 31.64x |
| 2026-02-26 | 30.41x |
| 2026-02-25 | 30.18x |
| 2026-02-24 | 29.62x |
| 2026-02-23 | 29.47x |
| 2026-02-20 | 29.19x |
| 2026-02-19 | 29.08x |
| 2026-02-18 | 27.03x |
| 2026-02-17 | 25.26x |
| 2026-02-13 | 24.13x |
| 2026-02-12 | 22.73x |
| 2026-02-11 | 23.00x |
| 2026-02-10 | 23.98x |
| 2026-02-09 | 23.95x |
| 2026-02-06 | 23.33x |
| 2026-02-05 | 23.23x |
| 2026-02-04 | 24.49x |
| 2026-02-03 | 24.11x |
| 2026-02-02 | 24.35x |
| 2026-01-30 | 25.35x |
| 2026-01-29 | 27.20x |
| 2026-01-28 | 26.17x |
| 2026-01-27 | 26.27x |
| 2026-01-26 | 27.95x |
| 2026-01-23 | 28.42x |
| 2026-01-22 | 30.51x |
| 2026-01-21 | 29.15x |
| 2026-01-20 | 24.64x |
| 2026-01-16 | 23.87x |
| 2026-01-15 | 22.23x |
| 2026-01-14 | 23.04x |
| 2026-01-13 | 22.39x |
| 2026-01-12 | 18.58x |
| 2026-01-09 | 18.89x |
| 2026-01-08 | 18.60x |
| 2026-01-07 | 19.94x |
| 2026-01-06 | 19.79x |
| 2026-01-05 | 17.48x |
| 2026-01-02 | 16.61x |
| 2025-12-31 | 15.70x |
| 2025-12-30 | 16.31x |
| 2025-12-29 | 16.80x |
| 2025-12-26 | 16.83x |
| 2025-12-24 | 17.86x |
| 2025-12-23 | 17.56x |
| 2025-12-22 | 19.28x |
| 2025-12-19 | 18.56x |
| 2025-12-18 | 16.67x |
| 2025-12-17 | 16.38x |
| 2025-12-16 | 15.97x |
| 2025-12-15 | 15.99x |
| 2025-12-12 | 15.68x |
| 2025-12-11 | 15.80x |
| 2025-12-10 | 15.40x |
| 2025-12-09 | 14.88x |
| 2025-12-08 | 14.70x |
| 2025-12-05 | 14.52x |
| 2025-12-04 | 13.06x |
| 2025-12-03 | 12.85x |
| 2025-12-02 | 12.11x |
| 2025-12-01 | 12.18x |
| 2025-11-28 | 13.38x |
| 2025-11-26 | 12.74x |
| 2025-11-25 | 12.57x |
| 2025-11-24 | 12.17x |
| 2025-11-21 | 11.88x |
| 2025-11-20 | 10.98x |
| 2025-11-19 | 12.19x |
| 2025-11-18 | 12.68x |
| 2025-11-17 | 12.57x |
| 2025-11-14 | 12.58x |
| 2025-11-13 | 12.71x |
| 2025-11-12 | 13.86x |
| 2025-11-11 | 13.67x |
| 2025-11-10 | 12.57x |
| 2025-11-07 | 12.43x |
| 2025-11-06 | 12.29x |
| 2025-11-05 | 11.78x |
| 2025-11-04 | 11.90x |
| 2025-11-03 | 12.67x |
| 2025-10-31 | 14.16x |
| 2025-10-30 | 14.81x |
| 2025-10-29 | 12.53x |
| 2025-10-28 | 12.96x |
| 2025-10-27 | 13.83x |
| 2025-10-24 | 13.88x |
| 2025-10-23 | 13.56x |
| 2025-10-22 | 13.96x |
| 2025-10-21 | 14.38x |
| 2025-10-20 | 14.21x |
| 2025-10-17 | 13.40x |
| 2025-10-16 | 14.15x |
| 2025-10-15 | 14.53x |
| 2025-10-14 | 13.56x |
| 2025-10-13 | 13.88x |
| 2025-10-10 | 13.94x |
| 2025-10-09 | 14.41x |
| 2025-10-08 | 14.66x |
| 2025-10-07 | 14.28x |
| 2025-10-06 | 14.41x |
| 2025-10-03 | 15.04x |
| 2025-10-02 | 14.96x |
| 2025-10-01 | 14.45x |
| 2025-09-30 | 13.28x |
| 2025-09-29 | 12.95x |
| 2025-09-26 | 12.39x |
| 2025-09-25 | 12.47x |
| 2025-09-24 | 13.31x |
| 2025-09-23 | 13.25x |
| 2025-09-22 | 13.76x |
| 2025-09-19 | 12.89x |
| 2025-09-18 | 13.03x |
| 2025-09-17 | 12.73x |
| 2025-09-16 | 12.63x |
| 2025-09-15 | 11.99x |
| 2025-09-12 | 11.75x |
| 2025-09-11 | 12.99x |
| 2025-09-10 | 12.28x |
| 2025-09-09 | 12.38x |
| 2025-09-08 | 12.62x |
| 2025-09-05 | 12.82x |
| 2025-09-04 | 12.26x |
| 2025-09-03 | 12.10x |
| 2025-09-02 | 12.20x |
| 2025-08-29 | 12.13x |
| 2025-08-28 | 12.38x |
| 2025-08-27 | 12.80x |
| 2025-08-26 | 12.55x |
| 2025-08-25 | 12.96x |
| 2025-08-22 | 14.13x |
| 2025-08-21 | 13.54x |
| 2025-08-20 | 13.98x |
| 2025-08-19 | 14.66x |
| 2025-08-18 | 14.78x |
| 2025-08-15 | 14.73x |
| 2025-08-14 | 13.85x |
| 2025-08-13 | 13.98x |
| 2025-08-12 | 13.17x |
| 2025-08-11 | 13.04x |
| 2025-08-08 | 13.47x |
| 2025-08-07 | 13.80x |
| 2025-08-06 | 13.86x |
| 2025-08-05 | 14.37x |
| 2025-08-04 | 14.48x |
| 2025-08-01 | 14.46x |
| 2025-07-31 | 15.75x |
| 2025-07-30 | 17.46x |
| 2025-07-29 | 17.80x |
| 2025-07-28 | 18.63x |
| 2025-07-25 | 18.79x |
| 2025-07-24 | 18.69x |
| 2025-07-23 | 19.13x |
| 2025-07-22 | 17.85x |
| 2025-07-21 | 16.68x |
| 2025-07-18 | 16.87x |
| 2025-07-17 | 17.50x |
| 2025-07-16 | 17.40x |
| 2025-07-15 | 17.09x |
| 2025-07-14 | 17.94x |
| 2025-07-11 | 18.45x |
| 2025-07-10 | 18.87x |
| 2025-07-09 | 17.89x |
| 2025-07-08 | 17.72x |
| 2025-07-07 | 15.97x |
| 2025-07-03 | 16.37x |
| 2025-07-02 | 16.23x |
| 2025-07-01 | 15.17x |
| 2025-06-30 | 14.45x |
| 2025-06-27 | 14.16x |
| 2025-06-26 | 14.41x |
| 2025-06-25 | 13.96x |
| 2025-06-24 | 13.92x |
| 2025-06-23 | 13.18x |
| 2025-06-20 | 13.33x |
| 2025-06-18 | 13.00x |
| 2025-06-17 | 13.10x |
| 2025-06-16 | 13.39x |
| 2025-06-13 | 13.84x |
| 2025-06-12 | 14.29x |
| 2025-06-11 | 14.55x |
| 2025-06-10 | 14.51x |
| 2025-06-09 | 14.81x |
| 2025-06-06 | 14.36x |
| 2025-06-05 | 13.47x |
| 2025-06-04 | 14.23x |
| 2025-06-03 | 14.59x |
| 2025-06-02 | 14.09x |
| 2025-05-30 | 13.76x |
| 2025-05-29 | 14.01x |
| 2025-05-28 | 13.43x |
Showing the most recent 260 of 1,407 data points. The chart above shows the full history.
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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