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.

BTOC · Industrials · Shallow moat

Shallow moat

On the watchlist

KBR · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

FZMD · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

HSIC · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureBTOCKBRFZMDHSIC
Moat Score (0–100)44 (highest)44 (highest)44 (highest)44 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend5073 (highest)2043
Pricing power0079 (highest)53
Returns on capital82 (highest)521448
Balance-sheet safety55 (highest)322819
Capital allocation336480 (highest)55
87% below value if growth stopped today (largest discount to value if growth stopped today)64% above value if growth stopped todayNo price data56% above value if growth stopped today
Market cap$10.8M$4.7B$1.5M$9.9B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2022FY2025