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.

FIRY · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

SOUN · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

ALMU · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

QBTS · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureFIRYSOUNALMUQBTS
Moat Score (0–100)43 (highest)43 (highest)43 (highest)43 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend156570 (highest)50
Pricing power99 (highest)774483
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety55 (highest)2855 (highest)55 (highest)
Capital allocation44 (highest)44 (highest)44 (highest)24
No price dataNo price dataNo price dataNo price data
Market capNot reportedNot reported$226M$5.8B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025