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.

DRS · Healthcare · Narrow moat

Narrow moat

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AATC · Healthcare · Narrow moat

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GYRE · Healthcare · Narrow moat

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LGND · Healthcare · Narrow moat

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MeasureDRSAATCGYRELGND
Moat Score (0–100)6465 (highest)65 (highest)64
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend80 (highest)447065
Pricing power2897100 (highest)100 (highest)
Returns on capital3355 (highest)920
Balance-sheet safety100 (highest)100 (highest)100 (highest)44
Capital allocation80274491 (highest)
425% above value if growth stopped today13% above value if growth stopped today (largest discount to value if growth stopped today)1032% above value if growth stopped today528% above value if growth stopped today
Market cap$12.8B$29.6M$542M$5.9B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2021FY2025FY2025