Moderna (MRNA) - P/S ratio

P/S ratio as of February 2026 (TTM): 8.92

According to Moderna 's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.11. At the end of 2025 the company had a P/S ratio of 4.33.

P/S ratio history for Moderna from 2018 to 2025

PS ratio at the end of each year

Year	P/S ratio	Change
2025	4.33	-10.36%
2024	4.83	-14.02%
2023	5.61	53.56%
2022	3.66	-37.03%
2021	5.81	-96.15%
2020	151	9.95%
2019	137	235.08%
2018	40.9

P/S ratio for similar companies or competitors

Company	P/S ratio	P/S ratio differencediff.	Country
Johnson & Johnson JNJ	6.43	-27.95%	🇺🇸 USA
Novartis NVS	5.62	-37.05%	🇨🇭 Switzerland
Merck MRK	4.81	-46.05%	🇺🇸 USA
Regulus Therapeutics RGLS	N/A	N/A	🇺🇸 USA
Dicerna Pharmaceuticals DRNA	N/A	N/A	🇺🇸 USA
Athersys ATHX	10.4	16.71%	🇺🇸 USA
Alnylam Pharmaceuticals ALNY	13.6	52.48%	🇺🇸 USA
Arrowhead Pharmaceuticals ARWR	10.7	19.45%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Moderna (MRNA)

P/S ratio as of February 2026 (TTM): 8.92