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.

GVA · Industrials · No moat

No moat

Doesn't clear the bar

LYTS · Industrials · No moat

No moat

Doesn't clear the bar

MIDD · Industrials · No moat

No moat

Doesn't clear the bar

GTLS · Industrials · No moat

No moat

Doesn't clear the bar

MeasureGVALYTSMIDDGTLS
Moat Score (0–100)39 (highest)39 (highest)39 (highest)39 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend82 (highest)762955
Pricing power74164 (highest)40
Returns on capital9826 (highest)0
Balance-sheet safety37112641 (highest)
Capital allocation60 (highest)60 (highest)5060 (highest)
445% above value if growth stopped today110% above value if growth stopped today (largest discount to value if growth stopped today)No price dataNo price data
Market cap$5.0B$752MNot reportedNot reported
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2026FY2025FY2025