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.

DFIN · Technology · 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%.

CACI · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

LAWIL · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

NCMI · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureDFINCACILAWILNCMI
Moat Score (0–100)50 (highest)50 (highest)50 (highest)50 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend20100 (highest)6360
Pricing power—2788100 (highest)
Returns on capital72 (highest)19414
Balance-sheet safety67 (highest)6055
Capital allocation4099 (highest)9520
29% above value if growth stopped today (largest discount to value if growth stopped today)164% above value if growth stopped todayNo price data78% above value if growth stopped today
Market cap$1.3B$13.6BNot reported$192M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2026FY2025FY2025