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 | DAR | TAP | CAG | FRPT |
|---|---|---|---|---|
| Moat Score (0–100) | 30 | 31 (highest) | 30 | 30 |
| Pricing power | 39 | 46 | 45 | 58 (highest) |
| Returns on capital | 24 (highest) | 8 | 21 | 0 |
| Balance-sheet safety | 0 | 28 | 28 | 36 (highest) |
| Capital discipline | 55 (highest) | 44 | 24 | 24 |
| Margin of safety | 39% above value | No price data | 11% below value (highest margin of safety) | No price data |
| Market cap | $10.0B | — | $6.8B | $2.8B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |