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.

CLDX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

ZEOX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

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%.

ESTA · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

AXGN · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureCLDXZEOXESTAAXGN
Moat Score (0–100)42 (highest)42 (highest)42 (highest)42 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend152765 (highest)60
Pricing power95709498 (highest)
Returns on capital0 (highest)0 (highest)0 (highest)
Balance-sheet safety55 (highest)282828
Capital allocation44 (highest)44 (highest)2424
No price dataNo price dataNo price dataNo price data
Market cap$2.3B$11.1M$2.7B$1.9B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025