The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same five investor questions from their SEC filings — so the comparison is apples to apples. The method is fully public.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

AAPL · Technology · Wide moat

Wide moat

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TZOO · Technology · Wide moat

Wide moat

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The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

PCTY · Technology · Wide moat

Wide moat

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CARG · Technology · Wide moat

Wide moat

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MeasureAAPLTZOOPCTYCARG
Moat Score (0–100)83 (highest)83 (highest)83 (highest)83 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend8195100 (highest)53
Pricing power6399 (highest)9380
Returns on capital100 (highest)97100 (highest)
Balance-sheet safety94100 (highest)100 (highest)100 (highest)
Capital discipline75402780 (highest)
Price vs. high estimate180% above high estimate18% above high estimate (largest discount to high estimate)114% above high estimate144% above high estimate
Market cap$4.92T$110M$6.9B$3.4B
Moat tierWide moatWide moatWide moatWide moat
Filings as ofFY2025FY2025FY2025FY2025