Moderna Inc (MRNA) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.085x

Based on the latest financial reports, Moderna Inc (MRNA) has a cash flow conversion efficiency ratio of -0.085x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-630.00 Million) by net assets ($7.41 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See MRNA days of operational coverage to measure how many days the company can operate on defensive assets alone.

Moderna Inc - Cash Flow Conversion Efficiency Trend (2014–2025)

This chart illustrates how Moderna Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Moderna Inc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Moderna Inc ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
POSCO Holdings Inc
NYSE:PKX
0.004x
IHH Healthcare Bhd
KLSE:5225
0.029x
Centrais Elétricas Brasileiras S.A. - Eletrobrás
F:L3XB
0.027x
ASTELLAS PHARMA UNSP.ADR
F:YPHA
N/A
AerCap Holdings N.V
F:R1D
0.078x
Aluminum Corp of China Ltd
SHG:601600
0.065x
Coeur Mining Inc
NYSE:CDE
0.033x
Expeditors International of Washington, Inc.
NASDAQ:EXPD
0.088x

Annual Cash Flow Conversion Efficiency for Moderna Inc (2014–2025)

The table below shows the annual cash flow conversion efficiency of Moderna Inc from 2014 to 2025. For the full company profile with market capitalisation and key ratios, see MRNA stock market capitalisation.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2025-12-31 $8.65 Billion $-1.87 Billion -0.217x +21.42%
2024-12-31 $10.90 Billion $-3.00 Billion -0.276x -22.44%
2023-12-31 $13.85 Billion $-3.12 Billion -0.225x -186.41%
2022-12-31 $19.12 Billion $4.98 Billion 0.260x -72.95%
2021-12-31 $14.14 Billion $13.62 Billion 0.963x +21.66%
2020-12-31 $2.56 Billion $2.03 Billion 0.791x +302.59%
2019-12-31 $1.17 Billion $-458.97 Million -0.391x -80.69%
2018-12-31 $1.53 Billion $-330.87 Million -0.216x +59.21%
2017-12-31 $625.30 Million $-331.48 Million -0.530x -768.75%
2016-12-31 $841.85 Million $66.73 Million 0.079x +100.97%
2015-12-31 $90.19K $-738.15K -8.185x -848.61%
2014-12-31 $-4.37 Million $-4.78 Million 1.093x --

About Moderna Inc

NASDAQ:MRNA USA Biotechnology
Market Cap
$21.98 Billion
Market Cap Rank
#1335 Global
#542 in USA
Share Price
$55.40
Change (1 day)
+6.27%
52-Week Range
$22.36 - $57.80
All Time High
$484.47
About

Moderna, Inc., a biotechnology company, provides messenger RNA medicines in the United States, Europe, and internationally. The company's respiratory vaccines include spikevax, mNEXSPIKE, mRESVIA, COVID, RSV, seasonal influenza, combination, and pandemic influenza vaccine; latent vaccines comprise cytomegalovirus, epstein-barr virus, and human immunodeficiency virus vaccines; enteric viruses incl… Read more