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.
HCSG · Healthcare · 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%.
TLSI · Healthcare · 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%.
| Measure | HCSG | TMO | TLSI | ITRI |
|---|---|---|---|---|
| Moat Score (0–100) | 54 (highest) | 54 (highest) | 54 (highest) | 54 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 72 (highest) | 52 | 63 | 69 |
| Pricing power | 24 | 94 | 100 (highest) | 49 |
| Returns on capital | — | 23 (highest) | — | 13 |
| Balance-sheet safety | 78 (highest) | 25 | 28 | 76 |
| Capital allocation | 41 | 75 (highest) | 24 | 60 |
| 177% above value if growth stopped today | 190% above value if growth stopped today | No price data | 167% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $1.5B | $256.3B | $181M | $3.7B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |