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.

EPC · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

LBRT · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

OII · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

DTII · Materials · 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%.

MeasureEPCLBRTOIIDTII
Moat Score (0–100)4647 (highest)47 (highest)46
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend386584 (highest)70
Pricing power73 (highest)9017
Returns on capital5365 (highest)11
Balance-sheet safety285071 (highest)55
Capital allocation404467 (highest)44
13% below value if growth stopped today18% below value if growth stopped today (largest discount to value if growth stopped today)364% above value if growth stopped todayNo price data
Market cap$1.3B$2.9B$5.2B$512218
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025