The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | WRBY | OFIX | ATEC | CRNX |
|---|---|---|---|---|
| Moat Score (0–100) | 44 (highest) | 44 (highest) | 44 (highest) | 44 (highest) |
| Pricing power | 94 | 96 | 99 (highest) | 94 |
| Returns on capital | 0 | 4 (highest) | 0 | 0 |
| Balance-sheet safety | 55 (highest) | 28 | 28 | 55 (highest) |
| Capital discipline | 24 | 44 (highest) | 44 (highest) | 24 |
| Margin of safety | No price data | No price data | No price data | No price data |
| Market cap | $3.3B | $461.3M | $1.3B | $8.0B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |