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.

HBB · Industrials · Narrow moat

Narrow moat

On the watchlist

EPAC · Industrials · Narrow moat

Narrow moat

On the watchlist

DHI · Industrials · Narrow moat

Narrow moat

Wonderful & reasonably priced

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%.

MATX · Industrials · Narrow moat

Narrow moat

Wonderful & reasonably priced

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

MeasureHBBEPACDHIMATX
Moat Score (0–100)67 (highest)67 (highest)67 (highest)67 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend5883 (highest)5632
Pricing power3469 (highest)33
Returns on capital100 (highest)3840
Balance-sheet safety99100 (highest)7895
Capital allocation4244100 (highest)100 (highest)
No price dataNo price data18% below value if growth stopped today (largest discount to value if growth stopped today)21% above value if growth stopped today
Market capNot reportedNot reported$43.2B$6.4B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025