The Cooper Companies, Inc.
COO · Healthcare · $14.0B mkt cap · FY2025 filings · Shallow moat ·
Doesn't clear the bar
The four filters
Median gross margin 65.1% over 10y, very stable.
Median ROIC 5.0%, above the 9% hurdle in 30% of years.
Net debt/EBITDA 2.3x, interest coverage 7x.
Owner earnings +2.2%/yr, share count flat.
Margin of safety
- Owner earnings (normalized)
- $392.3M
- Est. intrinsic value / share
- $22.25
- Recent price
- $71.71
- Discount to value
- 222% above value
Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
19 years of fundamentals
The business, in plain English
The Cooper Companies, Inc. booked $4.1B of revenue in FY2025 in the Healthcare sector and kept 65.5% of it as gross profit — a high-margin business by that measure. After every other cost, 9.2% of each revenue dollar reached the bottom line.
Across the filed record, revenue grew from $1.0B (FY2008) to $4.1B (FY2025) — about 8.3% a year compounded over 17 years.
It earned 4.3% on invested capital in FY2025, with a median of 8.5% across 18 filed years. The Returns on Capital filter above scores it 11/100.
The balance sheet carried $2.5B of total debt in FY2025 against $389.9M of owner earnings — roughly 6.4 years of owner earnings to retire it all. Balance-Sheet Safety scores it 36/100.
The share count rose 299.0% between FY2020 and FY2025 — existing owners have been diluted over the record. Capital Discipline scores it 46/100.
Put together: Pricing Power is the strongest of the four filters (100/100) and Returns on Capital the weakest (11/100), which is how COO lands at 50/100 — a Shallow moat.
This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.
Gaps in a line mean that item isn’t in COO’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.
Moat Score history
Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.
Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars
None yet — COO has read Shallow moat for every logged capture since Jul 17, 2026.
Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.
Healthcare context
#116 of 440 scored Healthcare companies, ranked by Moat Score.
Nearest peers by Moat Score
- #114ELSE Electro-Sensors, Inc.49.7 out of 100, Shallow moatShallow moat
- #115OBIO Orchestra BioMed Holdings, Inc.49.7 out of 100, Shallow moatShallow moat
- #117STAA STAAR SURGICAL CO49.5 out of 100, Shallow moatShallow moat
- #118BRTX BIORESTORATIVE THERAPIES, INC.49.5 out of 100, Shallow moatShallow moat
Compare COO with its nearest peers →All Healthcare companies on the Index →
Common questions about COO
- Does The Cooper Companies, Inc. have an economic moat?
- Based on its FY2025 SEC filings, the Moat Index scores The Cooper Companies, Inc. (COO) 49.5 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 100, returns on capital 11, balance-sheet safety 36, capital discipline 46.
- Is COO stock trading below its intrinsic value?
- Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $22.25 per share versus a recent price of $71.71 — 222% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
- How has COO's Moat Score changed over time?
- The record logs 3 readings since Jul 17, 2026; the latest reads 49.5 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.