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.
BUKS · Communications · Narrow moat
On the watchlist
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
FULO · Communications · Narrow moat
Wonderful & reasonably priced
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 | BUKS | TMUS | NFLX | FULO |
|---|---|---|---|---|
| Moat Score (0–100) | 77 | 83 (highest) | 81 | 75 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 91 | 80 | 95 (highest) | 85 |
| Pricing power | — | 100 (highest) | 54 | 92 |
| Returns on capital | 48 | 73 | 86 (highest) | — |
| Balance-sheet safety | 87 | 100 (highest) | 87 | 100 (highest) |
| Capital allocation | 81 | 60 | 84 (highest) | 24 |
| 117% above value if growth stopped today | 58% above value if growth stopped today | 392% above value if growth stopped today | 8% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $301M | $199.3B | $295.9B | $6.8M |
| Moat tier | Narrow moat | Wide moat | Wide moat | Narrow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2023 |