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.
MDNC · Healthcare · 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%.
BBNX · Healthcare · 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%.
| Measure | BSX | TECH | MDNC | BBNX |
|---|---|---|---|---|
| Moat Score (0–100) | 65 (highest) | 65 (highest) | 65 (highest) | 65 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 95 (highest) | 45 | — | 60 |
| Pricing power | 100 (highest) | 100 (highest) | 84 | 92 |
| Returns on capital | 6 | 24 | 100 (highest) | — |
| Balance-sheet safety | 50 | 100 (highest) | 54 | 55 |
| Capital allocation | 75 (highest) | 58 | 24 | 54 |
| No price data | 307% above value if growth stopped today | No price data | No price data | |
| Market cap | Not reported | $11.3B | Not reported | $748M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2026 | FY2026 | FY2025 |