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.

HIMS · Healthcare · Narrow moat

Narrow moat

On the watchlist

USNA · Healthcare · Narrow moat

Narrow moat

Wonderful & reasonably priced

UFPT · Healthcare · Narrow moat

Narrow moat

On the watchlist

USPH · Healthcare · Narrow moat

Narrow moat

On the watchlist

MeasureHIMSUSNAUFPTUSPH
Moat Score (0–100)63 (highest)63 (highest)63 (highest)62
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend855100 (highest)55
Pricing power89100 (highest)4135
Returns on capital1497 (highest)4668
Balance-sheet safety100 (highest)735984
Capital allocation24406670 (highest)
No price data45% below value if growth stopped today (largest discount to value if growth stopped today)259% above value if growth stopped todayNo price data
Market cap$7.3B$390M$1.8BNot reported
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025