The Moat Index

The widest moats in the scored universe.

The 100 widest Healthcare moats — of 737 scored nightly from primary SEC filings, 0–100 on five investor questions. Higher means a more durable business. The method is fully public; the full universe is in the A–Z directory and the sector hubs.

Current score records: moat-index@2.0.0.

The 500 widest Healthcare moats, not just these 100 →

The map — moat vs. price · Healthcare

Wonderful & on sale — Wide moat, ≥10% below high estimateThe rest of the scored set
60708090100+100%+50%+25%+10%0%−25%−100%−500%≤ −2500%Wonderful & on saleOn sale, narrower moatNarrower moat, not on saleWide moat, not on saleMoat Score → stronger businessDiscount → cheaper vs. high estimate

Dividers sit at Moat Score 80 (a Wide moat) and at 10% below conservative value — the same bars the methodology uses. The x-axis starts at 55 because this set is the top of the Index; the vertical scale is compressed beyond ±25% (every tick shows its true value), and anything priced more than 26× value sits on the "≤ −2500%" line — hover a dot (or open the table) for its exact reading. 22 companies have no recent price data and aren't plotted — the table view lists them.

Filter this map in the Screener →

The 100 widest · Healthcare

Watchlist#CompanyTickerSectorMkt capMoat ScoreMoatPrice vs. high estimate
1ALIGN TECHNOLOGY, INC.ALGNHealthcare$12.7B98Wide moat153% above high estimate
2IDEXX LABORATORIES INC /DEIDXXHealthcare$44.0B98Wide moat190% above high estimate
3CORCEPT THERAPEUTICS INCCORTHealthcare$10.1B94Wide moat752% above high estimate
4ResMed Inc.RMDHealthcare$28.7B91Wide moat69% above high estimate
5REGENERON PHARMACEUTICALS, INC.REGNHealthcare90Wide moatNo price data
6Intuitive Surgical, Inc.ISRGHealthcare$124.3B90Wide moat284% above high estimate
7Lifevantage CorpLFVNHealthcare$79.5M89Wide moat48% above high estimate
8GARMIN LTDGRMNHealthcare$45.6B89Wide moat96% above high estimate
9IRADIMED CORPORATIONIRMDHealthcare$1.2B89Wide moat292% above high estimate
10INNOVIVA, INC.INVAHealthcare$1.6B88Wide moat60% below high estimate
11EDWARDS LIFESCIENCES CORPORATIONEWHealthcare$49.1B86Wide moat194% above high estimate
12UTAH MEDICAL PRODUCTS INCUTMDHealthcare$220.3M85Wide moat8% below high estimate
13Waters CorporationWATHealthcare$21.9B85Wide moat76% above high estimate
14TERADYNE, INC.TERHealthcare$58.4B84Wide moat848% above high estimate
15MIMEDX GROUP, INC.MDXGHealthcare$639.8M84Wide moat36% above high estimate
16SIGA Technologies, Inc.SIGAHealthcare$256.4M83Wide moat61% below high estimate
17BADGER METER, INC.BMIHealthcare$5.4B83Wide moat201% above high estimate
18WEST PHARMACEUTICAL SERVICES, INC.WSTHealthcare$25.9B83Wide moat145% above high estimate
19EXELIXIS, INC.EXELHealthcare$14.7B83Wide moat254% above high estimate
20SBC Medical Group Holdings IncorporatedSBCHealthcare$305.7M83Wide moat43% below high estimate
21PACIFIC HEALTH CARE ORGANIZATION, INC.PFHOHealthcare$10.6M82Wide moat5% above high estimate
22Electromed, Inc.ELMDHealthcare$338.3M82Wide moat494% above high estimate
23UNITED THERAPEUTICS CorpUTHRHealthcare$23.4B81Wide moat32% above high estimate
24biote Corp.BTMDHealthcare80Wide moatNo price data
25NATURES SUNSHINE PRODUCTS INCNATRHealthcare$365.2M80Narrow moat100% above high estimate
26AGILENT TECHNOLOGIES, INC.AHealthcare$37.6B80Narrow moat62% above high estimate
27HARMONY BIOSCIENCES HOLDINGS, INC.HRMYHealthcare$2.1B80Narrow moat14% above high estimate
28BIOGEN INC.BIIBHealthcare$29.8B79Narrow moat40% above high estimate
29GLOBUS MEDICAL, INC.GMEDHealthcare79Narrow moatNo price data
30KEYSIGHT TECHNOLOGIES, INC.KEYSHealthcare79Narrow moatNo price data
31CATALYST PHARMACEUTICALS, INC.CPRXHealthcare$3.9B78Narrow moat106% above high estimate
32Cognex CorporationCGNXHealthcare$10.5B78Narrow moat593% above high estimate
33LEMAITRE VASCULAR, INC.LMATHealthcare$2.3B78Narrow moat285% above high estimate
34VERALTO CORPORATIONVLTOHealthcare$22.4B77Narrow moat124% above high estimate
35LONGDUODUO COMPANY LIMITEDLDDDHealthcare$15.3M76Narrow moatNo price data
36VERTEX PHARMACEUTICALS INC / MAVRTXHealthcare$122.4B76Narrow moat105% above high estimate
37Illumina, Inc.ILMNHealthcare$29.5B76Narrow moatNo price data
38TACTILE SYSTEMS TECHNOLOGY INCTCMDHealthcare$637.9M76Narrow moat169% above high estimate
39GILEAD SCIENCES, INC.GILDHealthcare$161.7B75Narrow moat17% above high estimate
40OPTEX SYSTEMS HOLDINGS, INC.OPXSHealthcare$86.0M75Narrow moat242% above high estimate
41Viemed Healthcare, Inc.VMDHealthcare$453.2M75Narrow moat298% above high estimate
42NORTHROP GRUMMAN CORP /DE/NOCHealthcare$72.7B74Narrow moat10% above high estimate
43DEXCOM, INC.DXCMHealthcare$28.8B74Narrow moat195% above high estimate
44VYCOR MEDICAL, INC.VYCOHealthcare$2.3M74Narrow moatNo price data
45AMETEK, Inc.AMEHealthcare$54.4B73Narrow moat100% above high estimate
46ENSIGN GROUP, INCENSGHealthcare$9.9B73Narrow moat145% above high estimate
47Elite Pharmaceuticals, Inc.ELTPHealthcare$409.3M72Narrow moat283% above high estimate
48ONTO INNOVATION INC.ONTOHealthcare$14.9B72Narrow moat582% above high estimate
49LANTHEUS HOLDINGS, INC.LNTHHealthcare$7.0B72Narrow moat169% above high estimate
50BillionToOne, Inc.BLLNHealthcare$2.8B72Narrow moatNo price data
51USANA HEALTH SCIENCES, INC.USNAHealthcare$404.4M72Narrow moat43% below high estimate
52SANUWAVE Health, Inc.SNWVHealthcare$52.1M72Narrow moatNo price data
53PRO-DEX, INC.PDEXHealthcare$182.7M71Narrow moat64% above high estimate
54EMBECTA CORP.EMBCHealthcare$197.1M71Narrow moat86% below high estimate
55ABBOTT LABORATORIESABTHealthcare$173.2B71Narrow moat14% above high estimate
56CHAMPIONS ONCOLOGY, INC.CSBRHealthcare$84.0M71Narrow moat1989% above high estimate
57Prestige Consumer Healthcare Inc.PBHHealthcare$2.3B70Narrow moat38% below high estimate
58Indivior Pharmaceuticals, Inc.INDVHealthcare$5.1B70Narrow moatNo price data
59CHEMED CORPORATIONCHEHealthcare$6.9B70Narrow moat132% above high estimate
60MSA Safety IncMSAHealthcare$6.6B70Narrow moat100% above high estimate
61HALOZYME THERAPEUTICS, INC.HALOHealthcare$9.3B70Narrow moat60% above high estimate
62TRANE TECHNOLOGIES PLCTTHealthcare70Narrow moatNo price data
63Privia Health Group, Inc.PRVAHealthcare$3.3B70Narrow moat1935% above high estimate
64Rockwell Automation, Inc.ROKHealthcare$52.2B69Narrow moat350% above high estimate
65FITLIFE BRANDS, INC.FTLFHealthcare$99.4M69Narrow moat65% above high estimate
66Vontier CorporationVNTHealthcare$4.3B69Narrow moat32% below high estimate
67National Vision Holdings, Inc.EYEHealthcare$1.6B68Narrow moat236% above high estimate
68Amgen Inc.AMGNHealthcare$197.3B67Narrow moat32% above high estimate
69NEUROCRINE BIOSCIENCES, INC.NBIXHealthcare$17.9B67Narrow moat378% above high estimate
70Shoulder Innovations, Inc.SIHealthcare$429.0M67Narrow moatNo price data
71CARLSMED, INC.CARLHealthcare$306.0M67Narrow moatNo price data
72UNIVERSAL HEALTH SERVICES, INC.UHSHealthcare$9.7B67Narrow moat46% below high estimate
73NOVAVAX, INC.NVAXHealthcare$1.3B66Narrow moatNo price data
74U S PHYSICAL THERAPY INC /NVUSPHHealthcare66Narrow moatNo price data
75LIGAND PHARMACEUTICALS INCORPORATEDLGNDHealthcare$6.0B66Narrow moat538% above high estimate
76STRYKER CORPSYKHealthcare66Narrow moatNo price data
77Penumbra, IncPENHealthcare$12.5B66Narrow moat6678% above high estimate
78AbbVie Inc.ABBVHealthcare$452.9B65Narrow moat219% above high estimate
79Medinotec Inc.MDNCHealthcare65Narrow moatNo price data
80NATIONAL HEALTHCARE CORPNHCHealthcare$3.5B65Narrow moat65% above high estimate
81BETA BIONICS, INC.BBNXHealthcare$781.6M65Narrow moatNo price data
82STERIS plcSTEHealthcare$20.7B65Narrow moat97% above high estimate
83IRONWOOD PHARMACEUTICALS, INC.IRWDHealthcare$637.6M65Narrow moat129% above high estimate
84Omada Health, Inc.OMDAHealthcare$1.3B65Narrow moatNo price data
85Leonardo DRS, Inc.DRSHealthcare$12.1B64Narrow moat207% above high estimate
86Alpha Pro Tech, Ltd.APTHealthcare$52.1M64Narrow moat19% above high estimate
87Gyre Therapeutics, Inc.GYREHealthcare$553.4M64Narrow moat1054% above high estimate
88FUNCTIONAL BRANDS INC.MEHAHealthcare$9352364Narrow moat93% below high estimate
89Neuraxis, INCNRXSHealthcare$74.7M64Narrow moatNo price data
90ZIMMER BIOMET HOLDINGS, INC.ZBHHealthcare$17.4B64Narrow moatAround the high estimate
91TELEDYNE TECHNOLOGIES INCTDYHealthcare$29.9B64Narrow moat59% above high estimate
92DELCATH SYSTEMS, INC.DCTHHealthcare$444.4M63Narrow moatNo price data
93SOLVENTUM CORPORATIONSOLVHealthcare$13.6B62Narrow moat25% below high estimate
94CODA OCTOPUS GROUP, INC.CODAHealthcare$114.7M62Narrow moat54% above high estimate
953M COMPANYMMMHealthcare$90.6B62Narrow moat87% above high estimate
96Krystal Biotech, Inc.KRYSHealthcare$9.9B62Narrow moat8049% above high estimate
97THERMO FISHER SCIENTIFIC INC.TMOHealthcare$194.5B62Narrow moat68% above high estimate
98UFP Technologies, Inc.UFPTHealthcare$1.9B62Narrow moat128% above high estimate
99HIMS & HERS HEALTH, INC.HIMSHealthcare$8.5B62Narrow moatNo price data
100MOVADO GROUP, INC.MOVHealthcare$857.5M62Narrow moat80% above high estimate