CENCORA, INC.

COR · Industrials · $59.5B mkt cap · FY2025 filings · Narrow moat

On the watchlist

Narrow moat

The four filters

Pricing power22

Median gross margin 3.1% over 10y, stable.

Returns on capital100

Median ROIC 37.9%, above the 9% hurdle in 100% of years.

Balance-sheet safety88

Net debt/EBITDA 0.9x, no material interest expense disclosed.

Capital discipline70

Owner earnings +3.4%/yr, share count shrinking (buybacks).

Margin of safety

Above valueOn sale

71% above value

Owner earnings (normalized): $1.9B
Est. intrinsic value / share: $179.80
Recent price: $306.97
Discount to value: 71% above value

Conservative model: 9% discount rate, 4% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Moat Score history

Score history begins 2026-07-17. Check back as the record builds.

Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.

Embed this score on your site

One iframe, no script. The badge shows COR’s live Moat Score, updates itself as new filings are scored, and links back here. How it works.

<iframe
  src="https://buylikebuffett.com/embed/COR"
  width="340" height="150" style="border:0"
  title="COR Moat Score — The Moat Index"
  loading="lazy"></iframe>

Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell COR. See the disclaimer.