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.

ECL · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

CNR · Materials · Narrow moat

Narrow moat

On the watchlist

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%.

NCSM · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

KMB · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureECLCNRNCSMKMB
Moat Score (0–100)60 (highest)60 (highest)60 (highest)59
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend92 (highest)557543
Pricing power70 (highest)—6457
Returns on capital30880100 (highest)
Balance-sheet safety4455100 (highest)45
Capital allocation62 (highest)426049
382% above value if growth stopped today25% above value if growth stopped today (largest discount to value if growth stopped today)460% above value if growth stopped today63% above value if growth stopped today
Market cap$81.5B$4.6B$136M$35.0B
Moat tierShallow moatNarrow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025