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.

AMRZ · Materials · Narrow moat

Narrow moat

On the watchlist

CROX · Materials · Narrow moat

Narrow moat

Wonderful & reasonably priced

IOSP · Materials · Narrow moat

Narrow moat

On the watchlist

PKG · Materials · Narrow moat

Narrow moat

On the watchlist

MeasureAMRZCROXIOSPPKG
Moat Score (0–100)60 (highest)60 (highest)60 (highest)60 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend71 (highest)6071 (highest)56
Pricing power4484 (highest)4638
Returns on capital8693 (highest)3871
Balance-sheet safety330100 (highest)73
Capital discipline66 (highest)644662
Price vs. high estimate112% above high estimate16% below high estimate (largest discount to high estimate)Around the high estimate154946% above high estimate
Market cap$27.9B$6.8B$2.1B$22.69T
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filings as ofFY2025FY2025FY2025FY2025