The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same four filters 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.

ACAD · Healthcare · Shallow moat

56/ 100
Shallow moat

Doesn't clear the bar

BVS · Healthcare · Shallow moat

56/ 100
Shallow moat

Doesn't clear the bar

IMAX · Healthcare · Shallow moat

56/ 100
Shallow moat

Doesn't clear the bar

TDY · Healthcare · Shallow moat

56/ 100
Shallow moat

Doesn't clear the bar

MeasureACADBVSIMAXTDY
Moat Score (0–100)56 (highest)56 (highest)56 (highest)56 (highest)
Pricing power98 (highest)976665
Returns on capital7738 (highest)29
Balance-sheet safety100 (highest)675179
Capital discipline245874 (highest)60
Margin of safetyNo price data272% above value49% above value (highest margin of safety)56% above value
Market cap$4.4B$831.1M$2.1B$29.4B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025