Moderna Inc (MRNA) — Capital Reinvestment Ratio

Latest as of December 2025: 0.04x

Moderna Inc (MRNA) has a Capital Reinvestment Ratio of 0.04x as of December 2025, meaning it reinvests 0% of its operating cash flow ($951.00 Million) in capital expenditures ($39.00 Million). See free cash flow generation of Moderna Inc to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.04x
Capex / Operating Cash Flow

Operating Cash Flow

$951.00 Million
USD

Capital Expenditures

$39.00 Million
USD

Data as of

Dec 2025
Most recent filing

Moderna Inc Capital Reinvestment Ratio (2016–2022)

This chart tracks Moderna Inc's Capital Reinvestment Ratio across 4 annual periods.

Annual Capital Reinvestment Ratio for Moderna Inc (2016–2022)

Year-by-year Capital Reinvestment Ratio for Moderna Inc from 2016 to 2022. For live market cap and broader valuation context, see Moderna Inc market cap and net worth.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2022 0.08x $4.98 Billion $400.00 Million ▲ +285.1%
2021 0.02x $13.62 Billion $284.00 Million ▼ -37.3%
2020 0.03x $2.03 Billion $67.45 Million ▼ -93.3%
2016 0.50x $66.73 Million $33.14 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow