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.

DREM · Industrials · No moat

No moat

Doesn't clear the bar

CHRN · Industrials · No moat

No moat

Doesn't clear the bar

VECO · Industrials · No moat

No moat

Doesn't clear the bar

RGR · Industrials · No moat

No moat

Doesn't clear the bar

MeasureDREMCHRNVECORGR
Moat Score (0–100)39 (highest)39 (highest)39 (highest)39 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend72 (highest)656110
Pricing power195266 (highest)27
Returns on capital270090 (highest)
Balance-sheet safety5455 (highest)4428
Capital allocation24242440 (highest)
55% below value if growth stopped today (largest discount to value if growth stopped today)No price data513% above value if growth stopped todayAround the value if growth stopped today
Market cap$777032$2.9B$2.7B$613M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2026FY2025FY2025