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.

DTII · Materials · Shallow moat

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%.

HL · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

VRA · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

FLXS · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureDTIIHLVRAFLXS
Moat Score (0–100)4647 (highest)47 (highest)46
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend70 (highest)602963
Pricing power171186 (highest)21
Returns on capital4023 (highest)
Balance-sheet safety55100 (highest)5573
Capital discipline446064 (highest)51
Price vs. high estimateNo price dataNo price dataNo price data136% above high estimate
Market cap$648810$104.0M$387.9M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2026FY2025