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.

CLX · Materials · Narrow moat

Narrow moat

On the watchlist

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%.

TPR · Materials · Narrow moat

Narrow moat

On the watchlist

MTDR · Materials · Narrow moat

Narrow moat

Wonderful & reasonably priced

CDE · Materials · Narrow moat

Narrow moat

On the watchlist

MeasureCLXTPRMTDRCDE
Moat Score (0–100)6162 (highest)6161
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend565076 (highest)70
Pricing power7098100 (highest)65
Returns on capital97 (highest)619
Balance-sheet safety602445100 (highest)
Capital allocation57402460 (highest)
128% above value if growth stopped today185% above value if growth stopped today33% below value if growth stopped today (largest discount to value if growth stopped today)No price data
Market cap$11.7B$29.7B$6.3B$9.7B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025