The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same four filters 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.

BWMN · Consumer Discretionary · Shallow moat

58/ 100
Shallow moat

Doesn't clear the bar

ZUMZ · Consumer Discretionary · Shallow moat

58/ 100
Shallow moat

Doesn't clear the bar

LESL · Consumer Discretionary · Shallow moat

58/ 100
Shallow moat

On the watchlist

RH · Consumer Discretionary · Shallow moat

57/ 100
Shallow moat

Doesn't clear the bar

MeasureBWMNZUMZLESLRH
Moat Score (0–100)58 (highest)58 (highest)58 (highest)57
Pricing power84 (highest)576463
Returns on capital04094 (highest)74
Balance-sheet safety83100 (highest)280
Capital discipline80 (highest)442480 (highest)
Margin of safety94% above value36% above value92% below value (highest margin of safety)149% above value
Market cap$435.2M$317.2M$24.1M$3.5B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2026FY2025FY2026
BWMN vs ZUMZ vs LESL vs RH — Moat Score Comparison · Buy Like Buffett