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.

FBIN · Materials · No moat

No moat

Doesn't clear the bar

CMT · Materials · No moat

No moat

Doesn't clear the bar

COTY · Materials · No moat

No moat

Doesn't clear the bar

HLX · Materials · No moat

No moat

Doesn't clear the bar

MeasureFBINCMTCOTYHLX
Moat Score (0–100)35 (highest)35 (highest)35 (highest)35 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend20495275 (highest)
Pricing power48899 (highest)0
Returns on capital36 (highest)2700
Balance-sheet safety1773 (highest)055
Capital allocation54 (highest)192444
17% above value if growth stopped today54% above value if growth stopped today22% below value if growth stopped today (largest discount to value if growth stopped today)Around the value if growth stopped today
Market cap$6.2B$209M$2.3B$1.5B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025