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.

EMBC · Healthcare · Narrow moat

Narrow moat

Wonderful & reasonably priced

SNWV · Healthcare · Narrow moat

Narrow moat

On the watchlist

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%.

INDV · Healthcare · Narrow moat

Narrow moat

On the watchlist

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%.

VNT · Healthcare · Narrow moat

Narrow moat

Wonderful & reasonably priced

MeasureEMBCSNWVINDVVNT
Moat Score (0–100)7071 (highest)7070
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend367578 (highest)68
Pricing power9987100 (highest)75
Returns on capital100 (highest)86
Balance-sheet safety100 (highest)775864
Capital allocation15444355 (highest)
86% below value if growth stopped today (largest discount to value if growth stopped today)No price dataNo price data3% below value if growth stopped today
Market cap$192M$50.9M$5.1B$4.4B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025