The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | COST | WMT | TGT |
|---|---|---|---|
| Moat Score (0–100) | 74 (highest) | 61 | 62 |
| Pricing power | 27 | 44 | 49 (highest) |
| Returns on capital | 100 (highest) | 75 | 86 |
| Balance-sheet safety | 100 (highest) | 72 | 60 |
| Capital discipline | 77 (highest) | 57 | 46 |
| Margin of safety | 268% above value | No price data | 38% above value (highest margin of safety) |
| Market cap | $417.0B | — | $63.2B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2026 | FY2026 |