The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same five investor questions from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | A | CPRX | REGN | VRTX |
|---|---|---|---|---|
| Moat Score (0–100) | 81 | 82 (highest) | 81 | 81 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 72 | 95 (highest) | 29 | 95 (highest) |
| Pricing power | 90 | 100 (highest) | 100 (highest) | 100 (highest) |
| Returns on capital | 84 | 88 | 97 (highest) | 96 |
| Balance-sheet safety | 71 | 100 (highest) | 100 (highest) | 73 |
| Capital allocation | 88 (highest) | 24 | 80 | 39 |
| 247% above value if growth stopped today | 234% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 250% above value if growth stopped today | |
| Market cap | $49.7B | $3.9B | Not reported | $129.2B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |