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.

CARS · Technology · Shallow moat

Shallow moat

On the watchlist

IOT · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

BLKB · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

HPQ · Technology · Shallow moat

Shallow moat

On the watchlist

MeasureCARSIOTBLKBHPQ
Moat Score (0–100)53 (highest)53 (highest)53 (highest)52
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend786580 (highest)23
Pricing power100 (highest)999032
Returns on capital104100 (highest)
Balance-sheet safety64 (highest)55448
Capital discipline204485 (highest)58
Price vs. high estimate46% below high estimate (largest discount to high estimate)No price data11% above high estimate32% below high estimate
Market cap$672M$19.0B$1.5B$23.7B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2026FY2025FY2025