CRA International, Inc.

CRAI ·Industrials, Specialty Business Services, United States
Analysis › Moat Score

Moat Score — CRA International, Inc.

Total Moat Score 14 / 30
Moat Factor Score Analysis
Intangible Assets Patents, trademarks, brand strength, or regulatory licenses that protect a company's products or services from being freely copied by competitors. 4 / 5 Decades of reputational capital from high-profile litigation and regulatory engagements, plus a deep bench of PhD/JD-credentialed experts, form a hard-to-replicate intangible asset.
Cost Advantage A durable ability to produce goods or services more cheaply than competitors — through scale, unique access to cheap inputs, location, or process — that lets a company undercut rivals or out-earn them at the same price. 1 / 5 No structural cost advantage; the business runs on premium-priced expert labor rather than low-cost delivery.
Pricing Power The ability to raise prices without losing meaningful business, because the product or service is differentiated, mission-critical, or has few good substitutes. 4 / 5 Scarce, highly specialized expertise commands premium billing rates, evidenced by rising margins alongside revenue growth.
Network Effect The product or service becomes more valuable to every user as more people or organizations use it, making an established leader harder to displace. 1 / 5 Minimal direct network effects, though referral relationships among law firms and repeat corporate clients create a mild reinforcing dynamic.
Switching Costs The money, time, or operational disruption a customer would face switching to a competitor, which locks in existing customers and supports renewals. 2 / 5 Clients can switch consulting firms between engagements, but ongoing litigation matters and established expert relationships create moderate continuity incentives.
Efficient Scale A market that can only profitably support a small number of players, so incumbents face limited threat from new entrants even without other defenses. 2 / 5 The market for top-tier expert-witness economists is naturally limited, giving established players like CRA a modest scale/reputation barrier against new entrants.