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.
BAH · Consumer Discretionary · Narrow moat
Wonderful & reasonably priced
| Measure | GCT | WSM | BAH | FIGS |
|---|---|---|---|---|
| Moat Score (0–100) | 79 | 80 (highest) | 79 | 79 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 95 (highest) | 57 | 85 | 80 |
| Pricing power | 28 | 62 | 90 | 100 (highest) |
| Returns on capital | 100 (highest) | 100 (highest) | 97 | 35 |
| Balance-sheet safety | 73 | 100 (highest) | 25 | 100 (highest) |
| Capital allocation | 100 (highest) | 80 | 100 (highest) | 80 |
| No price data | 115% above value if growth stopped today | 12% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | |
| Market cap | Not reported | $26.9B | $8.7B | Not reported |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2026 | FY2026 | FY2025 |