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.

CSX · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

LMB · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

CXT · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

CAH · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureCSXLMBCXTCAH
Moat Score (0–100)5556 (highest)5555
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend5294 (highest)5191
Pricing power440 (highest)13
Returns on capital68 (highest)356254
Balance-sheet safety2385 (highest)6556
Capital discipline79 (highest)605962
Price vs. high estimate143% above high estimate102% above high estimate16% above high estimate (largest discount to high estimate)393% above high estimate
Market cap$99.0B$846M$3.0B$54.5B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025