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.

EXPD · Industrials · Narrow moat

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%.

IBP · Industrials · Narrow moat

Narrow moat

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ACMR · Industrials · Narrow moat

Narrow moat

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PLUS · Industrials · Narrow moat

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MeasureEXPDIBPACMRPLUS
Moat Score (0–100)7879 (highest)79 (highest)78
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend30100 (highest)9580
Pricing power4978 (highest)43
Returns on capital100 (highest)837086
Balance-sheet safety100 (highest)6389100 (highest)
Capital allocation84100 (highest)6280
154% above value if growth stopped today127% above value if growth stopped todayNo price data67% above value if growth stopped today (largest discount to value if growth stopped today)
Market cap$23.5B$6.1BNot reported$2.3B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2026