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BNTX vs MRNA vs PFE vs NVAX vs ARCT

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
BNTX
BioNTech SE

Biotechnology

HealthcareNASDAQ • DE
Market Cap$23.52B
5Y Perf.+87.8%
MRNA
Moderna, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$19.25B
5Y Perf.-21.1%
PFE
Pfizer Inc.

Drug Manufacturers - General

HealthcareNYSE • US
Market Cap$150.63B
5Y Perf.-26.9%
NVAX
Novavax, Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$1.50B
5Y Perf.-80.0%
ARCT
Arcturus Therapeutics Holdings Inc.

Biotechnology

HealthcareNASDAQ • US
Market Cap$253M
5Y Perf.-77.1%

BNTX vs MRNA vs PFE vs NVAX vs ARCT — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
BNTX logoBNTX
MRNA logoMRNA
PFE logoPFE
NVAX logoNVAX
ARCT logoARCT
IndustryBiotechnologyBiotechnologyDrug Manufacturers - GeneralBiotechnologyBiotechnology
Market Cap$23.52B$19.25B$150.63B$1.50B$253M
Revenue (TTM)$2.86B$2.23B$63.31B$596M$74M
Net Income (TTM)$-1.13B$-3.19B$7.49B$-88M$-66M
Gross Margin77.7%-13.9%69.3%84.6%94.6%
Operating Margin-45.9%-153.3%23.4%-11.2%-101.1%
Forward P/E8.9x3.6x
Total Debt$267M$1.92B$67.42B$249M$25M
Cash & Equiv.$7.67B$2.60B$1.14B$241M$231M

BNTX vs MRNA vs PFE vs NVAX vs ARCTLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

BNTX
MRNA
PFE
NVAX
ARCT
StockMay 20May 26Return
BioNTech SE (BNTX)100187.8+87.8%
Moderna, Inc. (MRNA)10078.9-21.1%
Pfizer Inc. (PFE)10073.1-26.9%
Novavax, Inc. (NVAX)10020.0-80.0%
Arcturus Therapeuti… (ARCT)10022.9-77.1%

Price return only. Dividends and distributions are not included.

Quick Verdict: BNTX vs MRNA vs PFE vs NVAX vs ARCT

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: PFE leads in 4 of 7 categories (5-stock set), making it the strongest pick for profitability and margin quality and capital preservation and lower volatility. Novavax, Inc. is the stronger pick specifically for growth and revenue expansion and valuation and capital efficiency. MRNA also leads in specific categories worth noting. As sector peers, any of these can serve as alternatives in the same allocation.
BNTX
BioNTech SE
The Long-Run Compounder

BNTX is the clearest fit if your priority is long-term compounding and sleep-well-at-night.

  • 5.7% 10Y total return vs PFE's 29.6%
  • Lower volatility, beta 1.14, Low D/E 1.4%, current ratio 7.54x
  • Beta 1.14, current ratio 7.54x
Best for: long-term compounding and sleep-well-at-night
MRNA
Moderna, Inc.
The Momentum Pick

MRNA ranks third and is worth considering specifically for momentum.

  • +101.7% vs ARCT's -18.7%
Best for: momentum
PFE
Pfizer Inc.
The Income Pick

PFE carries the broadest edge in this set and is the clearest fit for income & stability.

  • Dividend streak 15 yrs, beta 0.54, yield 6.5%
  • 11.8% margin vs MRNA's -143.6%
  • Beta 0.54 vs ARCT's 2.41
  • 6.5% yield; 15-year raise streak; the other 4 pay no meaningful dividend
Best for: income & stability
NVAX
Novavax, Inc.
The Growth Play

NVAX is the #2 pick in this set and the best alternative if growth exposure is your priority.

  • Rev growth 64.7%, EPS growth 306.5%, 3Y rev CAGR -11.1%
  • 64.7% revenue growth vs ARCT's -51.4%
  • Better valuation composite
Best for: growth exposure
ARCT
Arcturus Therapeutics Holdings Inc.
The Healthcare Pick

Among these 5 stocks, ARCT doesn't own a clear edge in any measured category.

Best for: healthcare exposure
See the full category breakdown
CategoryWinnerWhy
GrowthNVAX logoNVAX64.7% revenue growth vs ARCT's -51.4%
ValueNVAX logoNVAXBetter valuation composite
Quality / MarginsPFE logoPFE11.8% margin vs MRNA's -143.6%
Stability / SafetyPFE logoPFEBeta 0.54 vs ARCT's 2.41
DividendsPFE logoPFE6.5% yield; 15-year raise streak; the other 4 pay no meaningful dividend
Momentum (1Y)MRNA logoMRNA+101.7% vs ARCT's -18.7%
Efficiency (ROA)PFE logoPFE3.6% ROA vs MRNA's -26.6%, ROIC 7.5% vs -26.1%

BNTX vs MRNA vs PFE vs NVAX vs ARCT — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

BNTXBioNTech SE
FY 2025
Other Sales
100.0%$262M
MRNAModerna, Inc.
FY 2025
Product Sales
100.0%$3.3B
PFEPfizer Inc.
FY 2025
Biopharma Segment
97.8%$61.2B
Segment Reporting, Reconciling Item, Corporate Nonsegment
2.2%$1.4B
NVAXNovavax, Inc.
FY 2025
Product
50.0%$685M
Nuvaxovid Sales
45.6%$625M
Supply Sales
4.4%$60M
ARCTArcturus Therapeutics Holdings Inc.
FY 2025
Collaboration Revenue
81.9%$67M
Grant
18.1%$15M

BNTX vs MRNA vs PFE vs NVAX vs ARCT — Financial Metrics

Side-by-side numbers across 5 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLPFELAGGINGARCT

Income & Cash Flow (Last 12 Months)

PFE leads this category, winning 3 of 6 comparable metrics.

PFE is the larger business by revenue, generating $63.3B annually — 854.2x ARCT's $74M. PFE is the more profitable business, keeping 11.8% of every revenue dollar as net income compared to MRNA's -143.6%. On growth, MRNA holds the edge at +2.6% YoY revenue growth, suggesting stronger near-term business momentum.

MetricBNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.PFE logoPFEPfizer Inc.NVAX logoNVAXNovavax, Inc.ARCT logoARCTArcturus Therapeu…
RevenueTrailing 12 months$2.9B$2.2B$63.3B$596M$74M
EBITDAEarnings before interest/tax-$931M-$3.2B$21.0B-$47M-$72M
Net IncomeAfter-tax profit-$1.1B-$3.2B$7.5B-$88M-$66M
Free Cash FlowCash after capex$277M-$1.6B$9.5B-$96M-$75M
Gross MarginGross profit ÷ Revenue+77.7%-13.9%+69.3%+84.6%+94.6%
Operating MarginEBIT ÷ Revenue-45.9%-153.3%+23.4%-11.2%-101.1%
Net MarginNet income ÷ Revenue-39.6%-143.6%+11.8%-14.7%-88.7%
FCF MarginFCF ÷ Revenue+9.7%-71.1%+15.0%-16.1%-100.8%
Rev. Growth (YoY)Latest quarter vs prior year-24.5%+2.6%+5.4%-79.1%-85.3%
EPS Growth (YoY)Latest quarter vs prior year-2.1%-34.9%-9.5%-102.0%+5.4%
PFE leads this category, winning 3 of 6 comparable metrics.

Valuation Metrics

Evenly matched — BNTX and NVAX each lead in 2 of 5 comparable metrics.

At 3.6x trailing earnings, NVAX trades at a 81% valuation discount to PFE's 19.5x P/E. On an enterprise value basis, NVAX's 2.6x EV/EBITDA is more attractive than PFE's 10.7x.

MetricBNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.PFE logoPFEPfizer Inc.NVAX logoNVAXNovavax, Inc.ARCT logoARCTArcturus Therapeu…
Market CapShares × price$23.5B$19.3B$150.6B$1.5B$253M
Enterprise ValueMkt cap + debt − cash$14.8B$18.6B$216.9B$1.5B$47M
Trailing P/EPrice ÷ TTM EPS-17.55x-6.69x19.47x3.63x-3.71x
Forward P/EPrice ÷ next-FY EPS est.8.94x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple10.66x2.56x
Price / SalesMarket cap ÷ Revenue7.26x9.90x2.41x1.34x3.76x
Price / BookPrice ÷ Book value/share1.00x2.18x1.74x1.14x
Price / FCFMarket cap ÷ FCF74.19x16.60x
Evenly matched — BNTX and NVAX each lead in 2 of 5 comparable metrics.

Profitability & Efficiency

PFE leads this category, winning 5 of 9 comparable metrics.

PFE delivers a 8.3% return on equity — every $100 of shareholder capital generates $8 in annual profit, vs $-37 for MRNA. BNTX carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to PFE's 0.78x. On the Piotroski fundamental quality scale (0–9), PFE scores 7/9 vs ARCT's 1/9, reflecting strong financial health.

MetricBNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.PFE logoPFEPfizer Inc.NVAX logoNVAXNovavax, Inc.ARCT logoARCTArcturus Therapeu…
ROE (TTM)Return on equity-6.0%-36.7%+8.3%-29.1%
ROA (TTM)Return on assets-5.3%-26.6%+3.6%-7.4%-22.0%
ROICReturn on invested capital-4.3%-26.1%+7.5%-2.8%
ROCEReturn on capital employed-3.1%-27.6%+9.0%+100.4%-29.2%
Piotroski ScoreFundamental quality 0–943751
Debt / EquityFinancial leverage0.01x0.22x0.78x0.12x
Net DebtTotal debt minus cash-$7.4B-$679M$66.3B$8M-$206M
Cash & Equiv.Liquid assets$7.7B$2.6B$1.1B$241M$231M
Total DebtShort + long-term debt$267M$1.9B$67.4B$249M$25M
Interest CoverageEBIT ÷ Interest expense-62.15x-1803.00x4.02x-5.10x
PFE leads this category, winning 5 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

Evenly matched — MRNA and NVAX each lead in 2 of 6 comparable metrics.

A $10,000 investment in PFE five years ago would be worth $8,674 today (with dividends reinvested), compared to $524 for NVAX. Over the past 12 months, MRNA leads with a +101.7% total return vs ARCT's -18.7%. The 3-year compound annual growth rate (CAGR) favors NVAX at 7.4% vs ARCT's -32.2% — a key indicator of consistent wealth creation.

MetricBNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.PFE logoPFEPfizer Inc.NVAX logoNVAXNovavax, Inc.ARCT logoARCTArcturus Therapeu…
YTD ReturnYear-to-date-3.8%+57.3%+6.9%+29.5%+42.4%
1-Year ReturnPast 12 months+0.2%+101.7%+23.7%+55.1%-18.7%
3-Year ReturnCumulative with dividends-13.9%-63.2%-18.4%+23.9%-68.8%
5-Year ReturnCumulative with dividends-48.2%-70.2%-13.3%-94.8%-72.0%
10-Year ReturnCumulative with dividends+568.1%+161.0%+29.6%-90.4%-69.9%
CAGR (3Y)Annualised 3-year return-4.9%-28.3%-6.6%+7.4%-32.2%
Evenly matched — MRNA and NVAX each lead in 2 of 6 comparable metrics.

Risk & Volatility

PFE leads this category, winning 2 of 2 comparable metrics.

PFE is the less volatile stock with a 0.54 beta — it tends to amplify market swings less than ARCT's 2.41 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. PFE currently trades 92.1% from its 52-week high vs ARCT's 36.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricBNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.PFE logoPFEPfizer Inc.NVAX logoNVAXNovavax, Inc.ARCT logoARCTArcturus Therapeu…
Beta (5Y)Sensitivity to S&P 5001.14x1.82x0.54x2.11x2.41x
52-Week HighHighest price in past year$124.00$59.55$28.75$11.97$24.17
52-Week LowLowest price in past year$79.52$22.28$21.97$5.80$5.85
% of 52W HighCurrent price vs 52-week peak+75.0%+81.5%+92.1%+77.1%+36.8%
RSI (14)Momentum oscillator 0–10043.347.044.264.462.5
Avg Volume (50D)Average daily shares traded1.2M6.9M33.3M4.4M454K
PFE leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

PFE leads this category, winning 1 of 1 comparable metric.

Analyst consensus: BNTX as "Buy", MRNA as "Hold", PFE as "Hold", NVAX as "Buy", ARCT as "Buy". Consensus price targets imply 152.8% upside for ARCT (target: $23) vs -25.8% for MRNA (target: $36). PFE is the only dividend payer here at 6.49% yield — a key consideration for income-focused portfolios.

MetricBNTX logoBNTXBioNTech SEMRNA logoMRNAModerna, Inc.PFE logoPFEPfizer Inc.NVAX logoNVAXNovavax, Inc.ARCT logoARCTArcturus Therapeu…
Analyst RatingConsensus buy/hold/sellBuyHoldHoldBuyBuy
Price TargetConsensus 12-month target$137.13$36.00$27.27$18.00$22.50
# AnalystsCovering analysts2427392321
Dividend YieldAnnual dividend ÷ price+6.5%
Dividend StreakConsecutive years of raises10151
Dividend / ShareAnnual DPS$1.72
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%0.0%+0.3%0.0%
PFE leads this category, winning 1 of 1 comparable metric.
Key Takeaway

PFE leads in 4 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 2 categories are tied.

Best OverallPfizer Inc. (PFE)Leads 4 of 6 categories
Loading custom metrics...

BNTX vs MRNA vs PFE vs NVAX vs ARCT: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is BNTX or MRNA or PFE or NVAX or ARCT a better buy right now?

For growth investors, Novavax, Inc.

(NVAX) is the stronger pick with 64. 7% revenue growth year-over-year, versus -51. 4% for Arcturus Therapeutics Holdings Inc. (ARCT). Novavax, Inc. (NVAX) offers the better valuation at 3. 6x trailing P/E, making it the more compelling value choice. Analysts rate BioNTech SE (BNTX) a "Buy" — based on 24 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — BNTX or MRNA or PFE or NVAX or ARCT?

On trailing P/E, Novavax, Inc.

(NVAX) is the cheapest at 3. 6x versus Pfizer Inc. at 19. 5x.

03

Which is the better long-term investment — BNTX or MRNA or PFE or NVAX or ARCT?

Over the past 5 years, Pfizer Inc.

(PFE) delivered a total return of -13. 3%, compared to -94. 8% for Novavax, Inc. (NVAX). Over 10 years, the gap is even starker: BNTX returned +568. 1% versus NVAX's -90. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — BNTX or MRNA or PFE or NVAX or ARCT?

By beta (market sensitivity over 5 years), Pfizer Inc.

(PFE) is the lower-risk stock at 0. 54β versus Arcturus Therapeutics Holdings Inc. 's 2. 41β — meaning ARCT is approximately 344% more volatile than PFE relative to the S&P 500. On balance sheet safety, BioNTech SE (BNTX) carries a lower debt/equity ratio of 1% versus 78% for Pfizer Inc. — giving it more financial flexibility in a downturn.

05

Which is growing faster — BNTX or MRNA or PFE or NVAX or ARCT?

By revenue growth (latest reported year), Novavax, Inc.

(NVAX) is pulling ahead at 64. 7% versus -51. 4% for Arcturus Therapeutics Holdings Inc. (ARCT). On earnings-per-share growth, the picture is similar: Novavax, Inc. grew EPS 306. 5% year-over-year, compared to -62. 8% for BioNTech SE. Over a 3-year CAGR, NVAX leads at -11. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — BNTX or MRNA or PFE or NVAX or ARCT?

Novavax, Inc.

(NVAX) is the more profitable company, earning 39. 2% net margin versus -145. 2% for Moderna, Inc. — meaning it keeps 39. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: NVAX leads at 50. 1% versus -158. 1% for MRNA. At the gross margin level — before operating expenses — ARCT leads at 95. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is BNTX or MRNA or PFE or NVAX or ARCT more undervalued right now?

Analyst consensus price targets imply the most upside for ARCT: 152.

8% to $22. 50.

08

Which pays a better dividend — BNTX or MRNA or PFE or NVAX or ARCT?

In this comparison, PFE (6.

5% yield) pays a dividend. BNTX, MRNA, NVAX, ARCT do not pay a meaningful dividend and should not be held primarily for income.

09

Is BNTX or MRNA or PFE or NVAX or ARCT better for a retirement portfolio?

For long-horizon retirement investors, Pfizer Inc.

(PFE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 54), 6. 5% yield). Novavax, Inc. (NVAX) carries a higher beta of 2. 11 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (PFE: +29. 6%, NVAX: -90. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between BNTX and MRNA and PFE and NVAX and ARCT?

Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: BNTX is a mid-cap quality compounder stock; MRNA is a mid-cap quality compounder stock; PFE is a mid-cap income-oriented stock; NVAX is a small-cap high-growth stock; ARCT is a small-cap quality compounder stock. PFE pays a dividend while BNTX, MRNA, NVAX, ARCT do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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BNTX

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
  • Gross Margin > 46%
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High-Growth Disruptor

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 131%
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PFE

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  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Net Margin > 7%
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NVAX

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  • Sector: Healthcare
  • Market Cap > $100B
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ARCT

Quality Business

  • Sector: Healthcare
  • Market Cap > $100B
  • Gross Margin > 56%
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(BNTX: -24.5% · MRNA: 263.6%)

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