FIGS, Inc. (FIGS) has a MoatMap StockRank of 49/100 based on Quality (68/100), Value (15/100), and Momentum (52/100) factor scores. The current signal is HOLD. FIGS has a strong brand affinity among healthcare professionals and high gross margins, showing elements of a Peter Lynch consumer story. However, growth has decelerated and competition is rising, making its long-term moat questionable despite a strong balance sheet.
FIGS, Inc. is a founder-led, digitally native healthcare apparel and lifestyle brand that designs and sells premium, technical scrubs and medical uniforms directly to healthcare professionals. The company's competitive moat lies in its strong brand equity, proprietary fabric technology (Technical Comfort), and a direct-to-consumer (DTC) model that bypasses traditional institutional distributors. By transforming a commoditized product into a highly desirable lifestyle brand, FIGS enjoys superior customer loyalty, high repeat purchase rates, and industry-leading gross margins.
| Price | $11.66 |
| Market Cap | $2.0B |
| P/E (TTM) | 53.18 |
| P/E (Forward) | 36.42 |
| Price/Book | 4.53 |
| Return on Equity | 10.0% |
| Return on Invested Capital | 7.8% |
| Debt/Equity | 14.07 |
| Gross Margin | 66.6% |
| Operating Margin | 2.8% |
| Revenue Growth | 28.0% |
| Free Cash Flow | $29M |
FIGS, Inc. operates in the Apparel Manufacturing industry, part of the Consumer Cyclical sector (United States).