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.

ALTO · Materials · No moat

No moat

Doesn't clear the bar

DWSN · Materials · No moat

No moat

Doesn't clear the bar

HYMC · Materials · No moat

No moat

Doesn't clear the bar

GORO · Materials · Not rated

Not enough comparable filing data to score at least four of the five filters, so no composite is published. No composite: 5 components abstained (businessTrend: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend.; pricingPower: Not enough years of gross-margin data to score pricing power.; returnsOnCapital: Not enough years of ROIC data to score returns on capital.; balanceSheet: No balance-sheet data available to score safety.; capitalDiscipline: Not enough owner-earnings history to score capital discipline.).

MeasureALTODWSNHYMCGORO
Moat Score (0–100)1920 (highest)20 (highest)—
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend2065 (highest)0—
Pricing power0 (highest)0 (highest)0 (highest)—
Returns on capital0 (highest)0 (highest)0 (highest)—
Balance-sheet safety311255 (highest)—
Capital allocation44 (highest)2444 (highest)—
No price dataNo price dataNo price dataNo price data
Market cap$267M$69.2M$1.4BNot reported
Moat tierNo moatNo moatNo moatNot rated
Filing dateFY2025FY2025FY2025—