The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same four filters 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 · Shallow moat

58/ 100
Shallow moat

Doesn't clear the bar

STE · Healthcare · Shallow moat

59/ 100
Shallow moat

Doesn't clear the bar

SNYR · Healthcare · Shallow moat

58/ 100
Shallow moat

Doesn't clear the bar

PGNY · Healthcare · Shallow moat

58/ 100
Shallow moat

Doesn't clear the bar

MeasureANIPSTESNYRPGNY
Moat Score (0–100)5859 (highest)5858
Pricing power94 (highest)738530
Returns on capital182775 (highest)68
Balance-sheet safety578228100 (highest)
Capital discipline67 (highest)602442
Margin of safety200% above value103% above value (highest margin of safety)No price data309% above value
Market cap$1.8B$21.3B$2.1M$2.7B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2026FY2025FY2025