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.

FLYE · Consumer Discretionary · Shallow moat

Shallow moat

On the watchlist

LEEN · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

VSXY · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

TXT · Consumer Discretionary · 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%.

MeasureFLYELEENVSXYTXT
Moat Score (0–100)5657 (highest)5655
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend4685 (highest)4463
Pricing power69100 (highest)5124
Returns on capital88 (highest)077
Balance-sheet safety55554778 (highest)
Capital discipline244462 (highest)57
Price vs. high estimate41% below high estimate (largest discount to high estimate)No price data157% above high estimate3% below high estimate
Market cap$9.1M$169553$7.0B$15.8B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2026FY2025