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.

CAL · Materials · Shallow moat

Shallow moat

On the watchlist

GPOR · Materials · Shallow moat

Shallow moat

On the watchlist

FCX · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

MTX · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureCALGPORFCXMTX
Moat Score (0–100)5859 (highest)5858
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend355556 (highest)41
Pricing power4486 (highest)1941
Returns on capital493182 (highest)45
Balance-sheet safety100 (highest)6691100 (highest)
Capital allocation64 (highest)554464 (highest)
79% below value if growth stopped today (largest discount to value if growth stopped today)42% below value if growth stopped todayNo price data71% above value if growth stopped today
Market cap$399M$3.0BNot reported$2.3B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2026FY2025FY2025FY2025