Moderna Inc (MRNA) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.05x

Moderna Inc (MRNA) has a Cash Flow Reinvestment Rate of 0.05x as of December 2025, reinvesting $48.00 Million (capex $39.00 Million plus investments $-9.00 Million) from operating cash flow of $951.00 Million. Explore Moderna Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.05x
(Capex + Investments) / Operating CF

Total Reinvested

$48.00 Million
Capex + Investments

Operating Cash Flow

$951.00 Million
USD

Capital Expenditures

$39.00 Million
USD

Moderna Inc Cash Flow Reinvestment Rate (2016–2022)

Historical reinvestment intensity for Moderna Inc across 4 annual periods. Also explore MRNA total asset value for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Moderna Inc (2016–2022)

Year-by-year capital reinvestment analysis for Moderna Inc. For live market cap and broader valuation context, see Moderna Inc (MRNA) market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2022 1.12x $5.58 Billion $4.98 Billion $400.00 Million ▲ +78.9%
2021 0.63x $8.52 Billion $13.62 Billion $284.00 Million ▼ -24.1%
2020 0.82x $1.67 Billion $2.03 Billion $67.45 Million ▼ -91.9%
2016 10.22x $681.75 Million $66.73 Million $33.14 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow