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.

GTE · Materials · 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%.

REYN · Materials · 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%.

RES · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

SXT · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureGTEREYNRESSXT
Moat Score (0–100)45 (highest)45 (highest)45 (highest)45 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend475080 (highest)69
Pricing power91 (highest)352558
Returns on capital22 (highest)16
Balance-sheet safety03259 (highest)33
Capital discipline4164 (highest)3748
Price vs. high estimateNo price data52% above high estimate22% above high estimate (largest discount to high estimate)138% above high estimate
Market capNot reported$5.4B$1.2B$5.4B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025