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.

FWRD · Industrials · Shallow moat

Shallow moat

On the watchlist

GLW · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

SLGN · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.

XPO · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureFWRDGLWSLGNXPO
Moat Score (0–100)4041 (highest)41 (highest)40
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend5569 (highest)4851
Pricing power85 (highest)542848
Returns on capital50 (highest)62111
Balance-sheet safety041 (highest)—21
Capital allocation12356569 (highest)
58% below value if growth stopped today (largest discount to value if growth stopped today)712% above value if growth stopped todayAround the value if growth stopped today414% above value if growth stopped today
Market cap$496M$118.7B$4.0B$22.1B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025