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.

ELSE · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

NWPX · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

GEV · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

PWR · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureELSENWPXGEVPWR
Moat Score (0–100)50 (highest)50 (highest)50 (highest)49
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend439582100 (highest)
Pricing power88 (highest)31027
Returns on capital010912 (highest)
Balance-sheet safety100 (highest)96100 (highest)35
Capital allocation16444773 (highest)
633% above value if growth stopped today258% above value if growth stopped today (largest discount to value if growth stopped today)2933% above value if growth stopped today812% above value if growth stopped today
Market cap$26.9M$1.2B$273.5B$93.6B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025