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.

CHRW · Industrials · Narrow moat

Narrow moat

On the watchlist

MLI · Industrials · Narrow moat

Narrow moat

Wonderful & reasonably priced

AME · Industrials · Narrow moat

Narrow moat

On the watchlist

ITW · Industrials · Narrow moat

Narrow moat

On the watchlist

MeasureCHRWMLIAMEITW
Moat Score (0–100)76 (highest)76 (highest)76 (highest)76 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend257595 (highest)71
Pricing power100 (highest)246072
Returns on capital100 (highest)100 (highest)54100 (highest)
Balance-sheet safety86100 (highest)8961
Capital allocation6880 (highest)80 (highest)74
122% above value if growth stopped todayAround the value if growth stopped today (largest discount to value if growth stopped today)236% above value if growth stopped today131% above value if growth stopped today
Market cap$16.5B$6.8B$56.5B$77.8B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025