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%.

CYH · Healthcare · Shallow moat

Shallow moat

On the watchlist

STXS · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

TVTX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureBDPTCYHSTXSTVTX
Moat Score (0–100)42 (highest)42 (highest)42 (highest)41
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend50372255 (highest)
Pricing power45100 (highest)86100 (highest)
Returns on capital7 (highest)00
Balance-sheet safety284055 (highest)28
Capital discipline44 (highest)2444 (highest)24
Price vs. high estimateNo price data76% below high estimateNo price dataNo price data
Market cap$16812$432.5M$5.0B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025