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.

APT · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

BMRN · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

SKIN · Healthcare · 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%.

JRSS · Healthcare · Shallow moat

Shallow moat

On the watchlist

MeasureAPTBMRNSKINJRSS
Moat Score (0–100)55 (highest)55 (highest)55 (highest)55 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend2380 (highest)4230
Pricing power5799 (highest)8470
Returns on capital33096 (highest)
Balance-sheet safety100 (highest)732855
Capital allocation622467 (highest)24
14% above value if growth stopped today486% above value if growth stopped todayNo price data85% below value if growth stopped today (largest discount to value if growth stopped today)
Market cap$49.9M$11.4B$93.4M$1.5M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2023