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.

BDPT · 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%.

ALNT · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

XRAY · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

INGN · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureBDPTALNTXRAYINGN
Moat Score (0–100)42 (highest)42 (highest)42 (highest)41
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend5052 (highest)2832
Pricing power455388 (highest)85
Returns on capital13 (highest)011
Balance-sheet safety28312855 (highest)
Capital allocation446064 (highest)24
No price data421% above value if growth stopped todayNo price dataNo price data
Market cap$20415$1.7B$1.9B$140M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025