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.

APOG · Materials · Shallow moat

Shallow moat

On the watchlist

CHRD · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

FLXS · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

SOLS · Materials · 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%.

MeasureAPOGCHRDFLXSSOLS
Moat Score (0–100)4950 (highest)50 (highest)49
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend73 (highest)506246
Pricing power3697 (highest)1959
Returns on capital38 (highest)1223—
Balance-sheet safety454673 (highest)72
Capital allocation534471 (highest)20
16% below value if growth stopped today (largest discount to value if growth stopped today)11% below value if growth stopped today117% above value if growth stopped today44% above value if growth stopped today
Market cap$876M$8.4B$356M$9.5B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2026FY2025FY2026FY2025