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.

BFRG · 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%.

LGMK · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

NVST · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

RVTY · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureBFRGLGMKNVSTRVTY
Moat Score (0–100)45 (highest)45 (highest)45 (highest)45 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend60 (highest)372960 (highest)
Pricing power708894 (highest)62
Returns on capital4028 (highest)
Balance-sheet safety285590 (highest)18
Capital discipline24441459 (highest)
Price vs. high estimateNo price dataNo price data106% above high estimate18% above high estimate (largest discount to high estimate)
Market cap$7.3M$647832$4.4B$12.0B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025