OraSure Technologies, Inc. OSUR

Competitive advantage analysis · healthcare

Medical Devices & Diagnostics
Overall moat score
33/100
Developing

About OraSure Technologies, Inc.

OraSure Technologies, Inc., together with its subsidiaries, develops, manufactures, markets, sells, and distributes diagnostic and specimen collection devices and products in the United States, Europe, Africa, and internationally. It offers OraQuick Rapid HIV test, OraQuick In-Home HIV test, OraQuick HIV self-test, OraQuick HCV rapid antibody test and self-test, Syphilis health check rapid diagnostic test, OraQuick Ebola rapid antigen test, InteliSwab … Full OSUR analysis →

Competitive advantage assessment

Key strengths

  • Conservative Leverage Leverage position is conservative vs peers (score 0.76). Balance sheet flexibility is a strategic asset for serial acquirers.

Key risks

  • Weak FCF Generation FCF margin quality lags peers (score 0.24). Below-peer FCF conversion is a MedTech quality warning.
  • Below-Peer Gross Margins Gross margin quality lags peers (score 0.36). May indicate commodity-like product mix or distributor margin drag.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power & Consumable Moat

Developing
35

Where OSUR ranks in Medical Instruments & Supplies

OraSure Technologies, Inc. ranks #49 of 62 scored companies in Medical Instruments & Supplies by moat score — the top 79%. The widest moat in the group is Intuitive Surgical, Inc. (ISRG) at 86/100.

Moat scores for companies ranked near OSUR in Medical Instruments & Supplies
# Company Moat score Rating
45 LUCY LUCY 35/100 Developing
46 Bionano Genomics, Inc. BNGO 35/100 Developing
47 Anteris Technologies Global Cor AVR 34/100 Developing
48 Stereotaxis, Inc. STXS 33/100 Developing
49 OraSure Technologies, Inc. OSUR 33/100 Developing
50 LUCYW LUCYW 31/100 Developing
51 Zentek Ltd. ZTEK 28/100 Developing
52 Precision Optics Corporation, I POCI 27/100 Developing
53 Ekso Bionics Holdings, Inc. EKSO 27/100 Developing

See every Medical Devices & Diagnostics company ranked by moat score →

How OSUR scores on the Medical Devices & Diagnostics defenses

Pricing Power & Consumable Moat

Score 35 · 25% of the moat score

In MedTech, pricing power is rarely about the machine — it is about what the machine consumes.

R&D Pipeline & Capital Returns

Score 45 · 20% of the moat score

Research spending is how a device company keeps its installed base current, but spending alone proves nothing.

FCF Quality & Cash Conversion

Score 15 · 20% of the moat score

MedTech companies grow by acquisition, and the resulting intangible amortisation depresses reported earnings without consuming any cash.

Commercial Execution

Score 18 · 15% of the moat score

Devices are sold into hospitals and labs through committees, tenders and long qualification cycles, which makes the sales organisation expensive and hard to replicate.

Capital Structure & Resilience

Score 61 · 12% of the moat score

Serial acquirers carry debt, and the question is whether the cash flows underneath it are dependable enough to service it through a downturn.

Growth Durability

Score 23 · 8% of the moat score

Growth durability separates an expanding installed base from a good product cycle.

How each Medical Devices & Diagnostics defense is measured, in full →

Understanding OSUR's moat

What is OraSure Technologies, Inc.'s moat score?

OraSure Technologies, Inc. (OSUR) scores 33 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #49 of 62 scored companies in Medical Instruments & Supplies, the top 79%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 61 companies in Medical Instruments & Supplies. Its strongest defense is Capital Structure & Resilience (61/100) and its weakest is FCF Quality & Cash Conversion (15/100).

How does OraSure Technologies, Inc. compare with other Medical Instruments & Supplies companies?

OraSure Technologies, Inc. ranks #49 of 62 scored companies in Medical Instruments & Supplies by moat score. The widest moat in Medical Instruments & Supplies is Intuitive Surgical, Inc. (ISRG) at 86/100. The companies ranked closest are Stereotaxis, Inc. (STXS) at 33 just above it and LUCYW (LUCYW) at 31 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Medical Devices & Diagnostics in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 61 companies in Medical Instruments & Supplies. The defenses are then weighted to produce the overall score out of 100.

Why is OraSure Technologies, Inc. scored with the Medical Devices & Diagnostics template?

Medical device and diagnostics companies place an instrument once and then sell the consumables, reagents and service that instrument needs for the next decade. The economics are a razor-and-blade model wrapped in regulatory approval and clinician habit, so the MedTech template scores the durability of that installed base rather than the size of any single product launch.

Which competitive defenses are measured for OraSure Technologies, Inc.?

The Medical Devices & Diagnostics template measures 6 defenses, and OSUR scores: Pricing Power & Consumable Moat (35), R&D Pipeline & Capital Returns (45), FCF Quality & Cash Conversion (15), Commercial Execution (18), Capital Structure & Resilience (61), Growth Durability (23). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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