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.
DARE · Healthcare · Shallow moat
Doesn't clear the bar
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%.
LFST · Healthcare · 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%.
| Measure | DARE | ITRI | LFST | ONC |
|---|---|---|---|---|
| Moat Score (0–100) | 53 (highest) | 53 (highest) | 53 (highest) | 53 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 37 | 68 | 85 (highest) | 75 |
| Pricing power | 77 | 49 | — | 94 (highest) |
| Returns on capital | — | 13 (highest) | 0 | 4 |
| Balance-sheet safety | 55 | 76 (highest) | 49 | 69 |
| Capital discipline | 44 | 60 | 80 (highest) | 24 |
| Price vs. high estimate | No price data | 171% above high estimate | No price data | No price data |
| Market cap | $19.4M | $3.8B | $4.4B | $447.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |