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.

BBNX · Healthcare · Narrow moat

Narrow moat

On the watchlist

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%.

MDNC · Healthcare · Narrow moat

Narrow moat

On the watchlist

The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.

BSX · Healthcare · Narrow moat

Narrow moat

On the watchlist

PEN · Healthcare · Narrow moat

Narrow moat

On the watchlist

MeasureBBNXMDNCBSXPEN
Moat Score (0–100)65 (highest)65 (highest)65 (highest)65 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend6095 (highest)90
Pricing power9284100 (highest)100 (highest)
Returns on capital100 (highest)64
Balance-sheet safety55545073 (highest)
Capital allocation542475 (highest)60
No price dataNo price dataNo price data6707% above value if growth stopped today
Market cap$703MNot reportedNot reported$12.5B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2026FY2025FY2025