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.

AIT · Industrials · Narrow moat

Narrow moat

On the watchlist

ECG · Industrials · Narrow moat

Narrow moat

On the watchlist

MLI · Industrials · Narrow moat

Narrow moat

Wonderful & reasonably priced

AME · Industrials · Narrow moat

Narrow moat

On the watchlist

MeasureAITECGMLIAME
Moat Score (0–100)76 (highest)76 (highest)76 (highest)76 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend98100 (highest)7595
Pricing power22252460 (highest)
Returns on capital78100 (highest)100 (highest)54
Balance-sheet safety9576100 (highest)89
Capital allocation86 (highest)808080
217% above value if growth stopped today325% above value if growth stopped today6% above value if growth stopped today (largest discount to value if growth stopped today)229% above value if growth stopped today
Market cap$13.1B$6.6B$7.1B$55.4B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025