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.

AEO · Consumer Discretionary · Narrow moat

Narrow moat

On the watchlist

ACFN · Consumer Discretionary · Narrow moat

Narrow moat

On the watchlist

BYD · Consumer Discretionary · Narrow moat

Narrow moat

Wonderful & reasonably priced

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

BWMN · Consumer Discretionary · Narrow moat

Narrow moat

On the watchlist

MeasureAEOACFNBYDBWMN
Moat Score (0–100)6869 (highest)6868
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend45809095 (highest)
Pricing power5985 (highest)—84
Returns on capital90 (highest)18440
Balance-sheet safety100 (highest)100 (highest)4083
Capital allocation4860100 (highest)80
16% above value if growth stopped today3469% above value if growth stopped today23% below value if growth stopped today (largest discount to value if growth stopped today)431% above value if growth stopped today
Market cap$3.0B$47.2M$5.3B$736M
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2026FY2025FY2025FY2025