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.

APCX · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

CBZ · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

CRWV · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

KLIC · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureAPCXCBZCRWVKLIC
Moat Score (0–100)41 (highest)41 (highest)41 (highest)41 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend6392 (highest)6020
Pricing power8320100 (highest)74
Returns on capital613041 (highest)
Balance-sheet safety28 (highest)0028 (highest)
Capital allocation2479 (highest)4440
No price data61% above value if growth stopped today (largest discount to value if growth stopped today)No price data729% above value if growth stopped today
Market cap$10.7M$2.3B$31.3B$5.3B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025