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.

ANIP · Healthcare · Narrow moat

Narrow moat

On the watchlist

HIMS · Healthcare · Narrow moat

Narrow moat

On the watchlist

USPH · Healthcare · Narrow moat

Narrow moat

On the watchlist

SOLV · Healthcare · Narrow moat

Narrow moat

Wonderful & reasonably priced

MeasureANIPHIMSUSPHSOLV
Moat Score (0–100)6263 (highest)6262
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend8085 (highest)5564
Pricing power94 (highest)893594 (highest)
Returns on capital141468 (highest)38
Balance-sheet safety57100 (highest)8479
Capital allocation672470 (highest)37
377% above value if growth stopped todayNo price dataNo price data26% below value if growth stopped today (largest discount to value if growth stopped today)
Market cap$1.7B$7.3BNot reported$13.5B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025