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.

EME · Industrials · Narrow moat

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EXPD · Industrials · Narrow moat

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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%.

PLUS · Industrials · Narrow moat

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EXPE · Industrials · Narrow moat

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MeasureEMEEXPDPLUSEXPE
Moat Score (0–100)78 (highest)78 (highest)78 (highest)78 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend100 (highest)308085
Pricing power2043100 (highest)
Returns on capital97100 (highest)8642
Balance-sheet safety73100 (highest)100 (highest)62
Capital allocation100 (highest)8480100 (highest)
371% above value if growth stopped today154% above value if growth stopped today67% above value if growth stopped today (largest discount to value if growth stopped today)243% above value if growth stopped today
Market cap$33.2B$23.5B$2.3B$30.4B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2026FY2025