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.

BBW · Consumer Discretionary · Narrow moat

Narrow moat

Wonderful & reasonably priced

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%.

GCT · Consumer Discretionary · Narrow moat

Narrow moat

On the watchlist

BKE · Consumer Discretionary · Narrow moat

Narrow moat

Wonderful & reasonably priced

FIGS · Consumer Discretionary · Narrow moat

Narrow moat

On the watchlist

MeasureBBWGCTBKEFIGS
Moat Score (0–100)79 (highest)79 (highest)79 (highest)79 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend6095 (highest)6478
Pricing power772873100 (highest)
Returns on capital100 (highest)100 (highest)35
Balance-sheet safety7873100 (highest)100 (highest)
Capital discipline100 (highest)100 (highest)5880
Price vs. high estimate24% below high estimateNo price data44% below high estimate (largest discount to high estimate)No price data
Market cap$435.9M$2.2B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filings as ofFY2026FY2025FY2026FY2025