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.
CARL · 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%.
SI · 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 | CARL | SYK | SI | ZBH |
|---|---|---|---|---|
| Moat Score (0–100) | 67 | 68 (highest) | 67 | 67 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 70 | 95 (highest) | 70 | 75 |
| Pricing power | 100 (highest) | 100 (highest) | 100 (highest) | 100 (highest) |
| Returns on capital | — | 30 (highest) | — | 6 |
| Balance-sheet safety | 55 | 45 | 55 | 100 (highest) |
| Capital allocation | 44 | 69 (highest) | 44 | 55 |
| No price data | No price data | No price data | 2% above value if growth stopped today | |
| Market cap | $287M | Not reported | $421M | $17.9B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |