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.

ANKM · Technology · Shallow moat

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%.

UPBD · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

CCLD · Technology · Shallow moat

Shallow moat

On the watchlist

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

OKTA · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureANKMUPBDCCLDOKTA
Moat Score (0–100)55 (highest)55 (highest)55 (highest)55 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend70476978 (highest)
Pricing power708198 (highest)
Returns on capital93 (highest)70
Balance-sheet safety552899 (highest)73
Capital discipline242544 (highest)24
Price vs. high estimateNo price data55% above high estimate40% below high estimate (largest discount to high estimate)No price data
Market cap$1.3B$96.3M$26.6B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2026