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.

CHE · Healthcare · Narrow moat

Narrow moat

On the watchlist

EMBC · Healthcare · Narrow moat

Narrow moat

Wonderful & reasonably priced

VNT · Healthcare · Narrow moat

Narrow moat

Wonderful & reasonably priced

ONTO · Healthcare · Narrow moat

Narrow moat

On the watchlist

MeasureCHEEMBCVNTONTO
Moat Score (0–100)6970 (highest)70 (highest)69
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend79 (highest)366856
Pricing power099 (highest)7584
Returns on capital100 (highest)100 (highest)8626
Balance-sheet safety73100 (highest)64100 (highest)
Capital allocation95 (highest)155580
136% above value if growth stopped today74% below value if growth stopped today (largest discount to value if growth stopped today)2% above value if growth stopped today451% above value if growth stopped today
Market cap$7.1B$362M$4.6B$12.0B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025