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.

CLVT · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

PENG · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

RUN · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

VRNS · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureCLVTPENGRUNVRNS
Moat Score (0–100)49 (highest)49 (highest)49 (highest)49 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend595370 (highest)65
Pricing power100 (highest)268699
Returns on capital021 (highest)00
Balance-sheet safety4099 (highest)2855
Capital allocation444460 (highest)24
No price data546% above value if growth stopped todayNo price dataNo price data
Market cap$1.3B$2.8B$2.3B$5.4B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025