The Moat Index · Top 100
The widest moats in the scored universe.
The Index is the Top 100 — ranked from 3,170 companies 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@3.0.0.
The map — moat vs. price
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. 4 companies have no recent price data and aren't plotted — the table view lists them.
The Top 100
| Watchlist | # | Company | Ticker | Sector | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | FORTINET, INC. | FTNT | Technology | $103.4B | 100 | Wide moat | 710% above value if growth stopped today | |
| 2 | IBEX Limited | IBEX | Technology | $604M | 99 | Wide moat | 47% above value if growth stopped today | |
| 3 | Meta Platforms, Inc. | META | Technology | $1.61T | 98 | Wide moat | 267% above value if growth stopped today | |
| 4 | Medpace Holdings, Inc. | MEDP | Consumer Discretionary | $19.2B | 98 | Wide moat | 512% above value if growth stopped today | |
| 5 | MICROSOFT CORPORATION | MSFT | Technology | $3.94T | 97 | Wide moat | 302% above value if growth stopped today | |
| 6 | Alphabet Inc. | GOOG | Technology | $3.41T | 97 | Wide moat | 304% above value if growth stopped today | |
| 7 | lululemon athletica inc. | LULU | Consumer Discretionary | $12.2B | 96 | Wide moat | 29% below value if growth stopped today | |
| 8 | Abercrombie & Fitch Co. | ANF | Consumer Discretionary | Not reported | 96 | Wide moat | No price data | |
| 9 | IDEXX LABORATORIES INC /DE | IDXX | Healthcare | $45.9B | 96 | Wide moat | 389% above value if growth stopped today | |
| 10 | Texas Roadhouse, Inc. | TXRH | Consumer Discretionary | $12.1B | 96 | Wide moat | 246% above value if growth stopped today | |
| 11 | Federated Hermes, Inc. | FHI | Other | $4.4B | 96 | Wide moat | 36% above value if growth stopped today | |
| 12 | Qualys, Inc. | QLYS | Technology | $8.2B | 95 | Wide moat | 336% above value if growth stopped today | |
| 13 | F5, INC. | FFIV | Technology | $21.0B | 95 | Wide moat | 316% above value if growth stopped today | |
| 14 | ADOBE INC. | ADBE | Technology | $102.5B | 95 | Wide moat | 55% above value if growth stopped today | |
| 15 | ELI LILLY AND COMPANY | LLY | Healthcare | $1.3T | 94 | Wide moat | 1767% above value if growth stopped today | |
| 16 | Manhattan Associates, Inc. | MANH | Technology | $14.4B | 94 | Wide moat | 630% above value if growth stopped today | |
| 17 | COPART, INC. | CPRT | Consumer Discretionary | $27.4B | 94 | Wide moat | 81% above value if growth stopped today | |
| 18 | Veeva Systems Inc. | VEEV | Technology | $50.8B | 94 | Wide moat | 770% above value if growth stopped today | |
| 19 | ResMed Inc. | RMD | Healthcare | $36.5B | 94 | Wide moat | 199% above value if growth stopped today | |
| 20 | GARMIN LTD | GRMN | Healthcare | $53.9B | 94 | Wide moat | 276% above value if growth stopped today | |
| 21 | Paylocity Holding Corporation | PCTY | Technology | $9.0B | 94 | Wide moat | 204% above value if growth stopped today | |
| 22 | BRINKER INTERNATIONAL, INC. | EAT | Consumer Discretionary | $9.3B | 94 | Wide moat | 438% above value if growth stopped today | |
| 23 | UBIQUITI INC. | UI | Technology | $36.7B | 93 | Wide moat | 711% above value if growth stopped today | |
| 24 | Simpson Manufacturing Co., Inc. | SSD | Industrials | $8.1B | 93 | Wide moat | 117% above value if growth stopped today | |
| 25 | Monster Beverage Corp | MNST | Consumer Staples | $45.3B | 93 | Wide moat | 170% above value if growth stopped today | |
| 26 | Doximity, Inc. | DOCS | Technology | $6.2B | 93 | Wide moat | 251% above value if growth stopped today | |
| 27 | LAM RESEARCH CORPORATION | LRCX | Industrials | $318.3B | 93 | Wide moat | 522% above value if growth stopped today | |
| 28 | Moody’s Corporation | MCO | Technology | $86.7B | 93 | Wide moat | 259% above value if growth stopped today | |
| 29 | NetApp, Inc. | NTAP | Technology | $42.8B | 92 | Wide moat | 217% above value if growth stopped today | |
| 30 | NVIDIA CORP | NVDA | Technology | $5.19T | 92 | Wide moat | 1448% above value if growth stopped today | |
| 31 | CORCEPT THERAPEUTICS INC | CORT | Healthcare | $9.1B | 92 | Wide moat | 666% above value if growth stopped today | |
| 32 | Sprouts Farmers Market, Inc. | SFM | Consumer Discretionary | $4.6B | 92 | Wide moat | 55% above value if growth stopped today | |
| 33 | M-tron Industries, Inc. | MPTI | Technology | $235M | 92 | Wide moat | 506% above value if growth stopped today | |
| 34 | ULTA BEAUTY, INC. | ULTA | Consumer Discretionary | $28.6B | 92 | Wide moat | 115% above value if growth stopped today | |
| 35 | SHARKNINJA, INC. | SN | Industrials | $29.5B | 92 | Wide moat | 506% above value if growth stopped today | |
| 36 | ROLLINS, INC. | ROL | Technology | $16.7B | 92 | Wide moat | 199% above value if growth stopped today | |
| 37 | Cintas Corporation | CTAS | Consumer Discretionary | $87.3B | 91 | Wide moat | 389% above value if growth stopped today | |
| 38 | Paycom Software, Inc. | PAYC | Technology | $14.3B | 91 | Wide moat | 277% above value if growth stopped today | |
| 39 | IRADIMED CORPORATION | IRMD | Healthcare | $1.1B | 91 | Wide moat | 474% above value if growth stopped today | |
| 40 | DECKERS OUTDOOR CORP | DECK | Materials | $11.6B | 90 | Wide moat | 37% above value if growth stopped today | |
| 41 | MORNINGSTAR, INC. | MORN | Other | $8.8B | 90 | Wide moat | 229% above value if growth stopped today | |
| 42 | INTUIT INC. | INTU | Technology | $88.9B | 90 | Wide moat | 134% above value if growth stopped today | |
| 43 | JACK HENRY & ASSOCIATES, INC. | JKHY | Technology | $11.2B | 90 | Wide moat | 164% above value if growth stopped today | |
| 44 | Tapestry, Inc. | TPR | Materials | $23.6B | 90 | Wide moat | 127% above value if growth stopped today | |
| 45 | LEGACY EDUCATION INC. | LGCY | Consumer Discretionary | $127M | 90 | Wide moat | 80% above value if growth stopped today | |
| 46 | CN Healthy Food Tech Group Corp. | UCFI | Consumer Staples | $288M | 90 | Wide moat | 311% above value if growth stopped today | |
| 47 | DELTA AIR LINES, INC. | DAL | Industrials | $53.3B | 90 | Wide moat | 39% above value if growth stopped today | |
| 48 | W.W. Grainger, Inc. | GWW | Industrials | $65.0B | 90 | Wide moat | 243% above value if growth stopped today | |
| 49 | Intuitive Surgical, Inc. | ISRG | Healthcare | $159.4B | 90 | Wide moat | 698% above value if growth stopped today | |
| 50 | Monolithic Power Systems, Inc. | MPWR | Technology | $57.4B | 90 | Wide moat | 1080% above value if growth stopped today | |
| 51 | GRAND CANYON EDUCATION, INC. | LOPE | Consumer Discretionary | $4.2B | 89 | Wide moat | 76% above value if growth stopped today | |
| 52 | Merck & Co., Inc. | MRK | Healthcare | $361.8B | 89 | Wide moat | 124% above value if growth stopped today | |
| 53 | LIFEVANTAGE CORP | LFVN | Healthcare | $73.5M | 89 | Wide moat | 36% above value if growth stopped today | |
| 54 | CHIPOTLE MEXICAN GRILL, INC. | CMG | Consumer Discretionary | $40.7B | 89 | Wide moat | 198% above value if growth stopped today | |
| 55 | FASTENAL CO | FAST | Consumer Discretionary | $60.3B | 89 | Wide moat | 372% above value if growth stopped today | |
| 56 | Booking Holdings Inc. | BKNG | Industrials | $4.8B | 89 | Wide moat | No price data | |
| 57 | O REILLY AUTOMOTIVE INC | ORLY | Consumer Discretionary | $74.1B | 89 | Wide moat | 184% above value if growth stopped today | |
| 58 | Zoetis Inc. | ZTS | Healthcare | $33.5B | 89 | Wide moat | 29% above value if growth stopped today | |
| 59 | GRACO INC. | GGG | Industrials | $11.4B | 89 | Wide moat | 110% above value if growth stopped today | |
| 60 | THE SHERWIN-WILLIAMS COMPANY | SHW | Consumer Discretionary | $81.8B | 89 | Wide moat | 208% above value if growth stopped today | |
| 61 | United Rentals, Inc. | URI | Technology | $75.6B | 89 | Wide moat | 181% above value if growth stopped today | |
| 62 | Mastercard Incorporated | MA | Technology | Not reported | 89 | Wide moat | No price data | |
| 63 | YETI Holdings, Inc. | YETI | Consumer Discretionary | $3.3B | 89 | Wide moat | 69% above value if growth stopped today | |
| 64 | The Trade Desk, Inc. | TTD | Technology | $6.4B | 88 | Wide moat | 173% above value if growth stopped today | |
| 65 | ALIGN TECHNOLOGY, INC. | ALGN | Healthcare | $11.0B | 88 | Wide moat | 119% above value if growth stopped today | |
| 66 | Autodesk, Inc. | ADSK | Technology | $51.2B | 88 | Wide moat | 355% above value if growth stopped today | |
| 67 | Ralph Lauren Corporation | RL | Consumer Discretionary | $25.0B | 88 | Wide moat | 216% above value if growth stopped today | |
| 68 | Arista Networks, Inc. | ANET | Technology | $231.5B | 87 | Wide moat | 881% above value if growth stopped today | |
| 69 | ARMSTRONG WORLD INDUSTRIES, INC. | AWI | Materials | $7.1B | 87 | Wide moat | 180% above value if growth stopped today | |
| 70 | YELP INC | YELP | Consumer Discretionary | $1.1B | 87 | Wide moat | 11% below value if growth stopped today | |
| 71 | FAIR ISAAC CORP | FICO | Technology | $16.9B | 87 | Wide moat | 245% above value if growth stopped today | |
| 72 | APPLIED MATERIALS INC /DE | AMAT | Technology | $334.4B | 87 | Wide moat | 339% above value if growth stopped today | |
| 73 | WD-40 COMPANY | WDFC | Materials | $2.9B | 87 | Wide moat | 254% above value if growth stopped today | |
| 74 | SPS COMMERCE, INC. | SPSC | Technology | $3.2B | 87 | Wide moat | 340% above value if growth stopped today | |
| 75 | EXELIXIS, INC. | EXEL | Healthcare | $17.4B | 87 | Wide moat | 577% above value if growth stopped today | |
| 76 | EXPONENT, INC. | EXPO | Consumer Discretionary | $3.9B | 87 | Wide moat | 239% above value if growth stopped today | |
| 77 | PayPal Holdings, Inc. | PYPL | Technology | $52.4B | 87 | Wide moat | 4% above value if growth stopped today | |
| 78 | INTERPARFUMS, INC. | IPAR | Materials | $3.7B | 87 | Wide moat | 104% above value if growth stopped today | |
| 79 | FACTSET RESEARCH SYSTEMS INC | FDS | Technology | $11.3B | 86 | Wide moat | 76% above value if growth stopped today | |
| 80 | UNIVERSAL DISPLAY CORPORATION | OLED | Technology | $4.0B | 86 | Wide moat | 72% above value if growth stopped today | |
| 81 | MARKETAXESS HOLDINGS INC. | MKTX | Other | $4.2B | 86 | Wide moat | 19% above value if growth stopped today | |
| 82 | MAPLEBEAR INC. | CART | Technology | $13.9B | 86 | Wide moat | 185% above value if growth stopped today | |
| 83 | Automatic Data Processing, Inc. | ADP | Technology | $113.8B | 86 | Wide moat | 173% above value if growth stopped today | |
| 84 | CRA International, Inc. | CRAI | Consumer Discretionary | $1.3B | 86 | Wide moat | 124% above value if growth stopped today | |
| 85 | BUILD-A-BEAR WORKSHOP INC | BBW | Consumer Discretionary | $352M | 86 | Wide moat | 39% below value if growth stopped today | |
| 86 | WEX Inc. | WEX | Technology | $6.3B | 86 | Wide moat | 42% above value if growth stopped today | |
| 87 | United Therapeutics Corporation | UTHR | Healthcare | $25.9B | 86 | Wide moat | 137% above value if growth stopped today | |
| 88 | Duolingo, Inc. | DUOL | Technology | Not reported | 86 | Wide moat | No price data | |
| 89 | WINGSTOP INC. | WING | Consumer Discretionary | $4.0B | 86 | Wide moat | 414% above value if growth stopped today | |
| 90 | BADGER METER, INC. | BMI | Healthcare | $5.6B | 85 | Wide moat | 401% above value if growth stopped today | |
| 91 | Payoneer Global Inc. | PAYO | Technology | $2.5B | 85 | Wide moat | 100% above value if growth stopped today | |
| 92 | MSCI INC. | MSCI | Technology | $45.5B | 85 | Wide moat | 269% above value if growth stopped today | |
| 93 | TRACTOR SUPPLY CO /DE/ | TSCO | Consumer Discretionary | $17.7B | 85 | Wide moat | 46% above value if growth stopped today | |
| 94 | Five Below, Inc. | FIVE | Consumer Discretionary | $13.6B | 85 | Wide moat | 338% above value if growth stopped today | |
| 95 | ALLISON TRANSMISSION HOLDINGS, INC. | ALSN | Consumer Discretionary | $9.1B | 85 | Wide moat | 32% above value if growth stopped today | |
| 96 | RCM TECHNOLOGIES, INC. | RCMT | Technology | $264M | 85 | Wide moat | 43% above value if growth stopped today | |
| 97 | BRADY CORP | BRC | Consumer Discretionary | $4.0B | 85 | Wide moat | 81% above value if growth stopped today | |
| 98 | Cadence Design Systems, Inc. | CDNS | Technology | $93.2B | 85 | Wide moat | 673% above value if growth stopped today | |
| 99 | LENNOX INTERNATIONAL INC | LII | Industrials | $12.1B | 84 | Wide moat | 84% above value if growth stopped today | |
| 100 | Airbnb, Inc. | ABNB | Technology | $103.7B | 84 | Wide moat | 272% above value if growth stopped today |