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.

GOLD · Industrials · Shallow moat

Shallow moat

On the watchlist

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%.

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%.

FWRD · Industrials · Shallow moat

Shallow moat

On the watchlist

MeasureGOLDGLWSLGNFWRD
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 trend5469 (highest)4855
Pricing power0542885 (highest)
Returns on capital62150 (highest)
Balance-sheet safety2841 (highest)0
Capital discipline80 (highest)356512
Price vs. high estimate44% below high estimate431% above high estimate22% above high estimate59% below high estimate (largest discount to high estimate)
Market cap$970M$125.8B$4.9B$478M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025