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.
QTI · Healthcare · Shallow moat
Doesn't clear the bar
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%.
| Measure | AMRX | QTI | ESMC | AGIO |
|---|---|---|---|---|
| Moat Score (0–100) | 47 (highest) | 47 (highest) | 47 (highest) | 46 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 94 (highest) | 60 | 69 | 57 |
| Pricing power | 37 | 47 | 75 | 96 (highest) |
| Returns on capital | 8 (highest) | — | 4 | 0 |
| Balance-sheet safety | 49 | 55 (highest) | 38 | 55 (highest) |
| Capital allocation | 44 | 24 | 47 (highest) | 24 |
| No price data | No price data | 19% below value if growth stopped today | No price data | |
| Market cap | Not reported | $28.6M | $1.3M | $1.8B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |