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.

CW · Industrials · Narrow moat

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AYI · Industrials · Narrow moat

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WHD · Industrials · Narrow moat

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The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.

CMI · Industrials · Narrow moat

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MeasureCWAYIWHDCMI
Moat Score (0–100)77 (highest)77 (highest)77 (highest)76
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend98 (highest)8785
Pricing power6470 (highest)6345
Returns on capital5798100 (highest)96
Balance-sheet safety7674100 (highest)69
Capital discipline90 (highest)564487
Price vs. high estimate261% above high estimateNo price dataNo price data134% above high estimate (largest discount to high estimate)
Market cap$27.7BNot reportedNot reported$91.8B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filings as ofFY2025FY2025FY2025FY2025