Analysis of Geographic Areas
Moderna Inc. operates in 3 regions: United States; Europe; and Rest of world.
Area Asset Turnover
Moderna Inc., asset turnover by geographic area
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 4.06 | 5.88 | 2.57 | 0.27 | 0.42 |
| Europe | 9.54 | 37.82 | — | — | — |
| Rest of world | 197.24 | 544.80 | — | — | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
| Europe | Europe area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. | |
| Rest of world | Rest of world area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Area Asset Turnover: United States
Moderna Inc.; United States; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenue | 5,150) | 6,177) | 764) | 55) | 89) |
| Property, plant and equipment, including financing right-of-use assets | 1,267) | 1,050) | 297) | 201) | 212) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 4.06 | 5.88 | 2.57 | 0.27 | 0.42 |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Revenue ÷ Property, plant and equipment, including financing right-of-use assets
= 5,150 ÷ 1,267 = 4.06
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Area Asset Turnover: Europe
Moderna Inc.; Europe; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenue | 6,815) | 6,846) | 33) | 5) | 46) |
| Property, plant and equipment, including financing right-of-use assets | 714) | 181) | —) | —) | —) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 9.54 | 37.82 | — | — | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Revenue ÷ Property, plant and equipment, including financing right-of-use assets
= 6,815 ÷ 714 = 9.54
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Europe | Europe area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Area Asset Turnover: Rest of world
Moderna Inc.; Rest of world; area asset turnover calculation
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenue | 7,298) | 5,448) | 6) | —) | —) |
| Property, plant and equipment, including financing right-of-use assets | 37) | 10) | —) | —) | —) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 197.24 | 544.80 | — | — | — |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
1 2022 Calculation
Area asset turnover = Revenue ÷ Property, plant and equipment, including financing right-of-use assets
= 7,298 ÷ 37 = 197.24
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Rest of world | Rest of world area asset turnover ratio improved from 2020 to 2021 but then slightly deteriorated from 2021 to 2022 not reaching 2020 level. |
Revenue
Moderna Inc., revenue by geographic area
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 5,150) | 6,177) | 764) | 55) | 89) |
| Europe | 6,815) | 6,846) | 33) | 5) | 46) |
| Rest of world | 7,298) | 5,448) | 6) | —) | —) |
| Total | 19,263) | 18,471) | 803) | 60) | 135) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).
Property, plant and equipment, including financing right-of-use assets
Moderna Inc., property, plant and equipment, including financing right-of-use assets by geographic area
US$ in millions
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
|---|---|---|---|---|---|
| United States | 1,267) | 1,050) | 297) | 201) | 212) |
| Europe | 714) | 181) | —) | —) | —) |
| Rest of world | 37) | 10) | —) | —) | —) |
| Total | 2,018) | 1,241) | 297) | 201) | 212) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).