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.

EMED · Healthcare · 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%.

MTEX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

VCYT · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

SUPN · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureEMEDMTEXVCYTSUPN
Moat Score (0–100)59 (highest)59 (highest)59 (highest)58
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend631975 (highest)61
Pricing power99100 (highest)9698
Returns on capital84 (highest)078
Balance-sheet safety2828100 (highest)55
Capital discipline4464 (highest)240
Price vs. high estimateNo price dataNo price dataNo price data186% above high estimate
Market cap$46329$8.1M$4.5B$2.7B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2023FY2025FY2025FY2025