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.

AVD · Materials · No moat

No moat

Doesn't clear the bar

WBTN · Materials · No moat

No moat

Doesn't clear the bar

ARQ · Materials · No moat

No moat

Doesn't clear the bar

CC · Materials · No moat

No 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%.

MeasureAVDWBTNARQCC
Moat Score (0–100)2930 (highest)2929
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend2654 (highest)4931
Pricing power434246 (highest)22
Returns on capital0 (highest)0 (highest)0 (highest)
Balance-sheet safety28 (highest)28 (highest)28 (highest)0
Capital allocation50242464 (highest)
12% below value if growth stopped today (largest discount to value if growth stopped today)No price dataNo price data237% above value if growth stopped today
Market cap$73.3M$1.2B$86.5M$2.6B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025