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.

EXPO · Consumer Discretionary · Wide moat

Wide moat

On the watchlist

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%.

CPRT · Consumer Discretionary · Wide moat

Wide moat

On the watchlist

ULTA · Consumer Discretionary · Wide moat

Wide moat

On the watchlist

ANF · Consumer Discretionary · Wide moat

Wide moat

On the watchlist

MeasureEXPOCPRTULTAANF
Moat Score (0–100)9092 (highest)92 (highest)90
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend91100 (highest)9863
Pricing power100 (highest)61100 (highest)
Returns on capital100 (highest)100 (highest)100 (highest)88
Balance-sheet safety100 (highest)100 (highest)100 (highest)100 (highest)
Capital discipline7160100 (highest)100 (highest)
Price vs. high estimate68% above high estimate19% above high estimateAround the high estimate (largest discount to high estimate)No price data
Market cap$3.1B$26.6B$21.6B
Moat tierWide moatWide moatWide moatWide moat
Filings as ofFY2025FY2025FY2026FY2026