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.

HKHC · Other · Shallow moat

Shallow moat

Doesn't clear the bar

AAMI · Other · 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%.

OPY · Other · 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%.

NDAQ · Other · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureHKHCAAMIOPYNDAQ
Moat Score (0–100)5864 (highest)6355
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend75395982 (highest)
Pricing power4396 (highest)
Returns on capital11100 (highest)2816
Balance-sheet safety100 (highest)36100 (highest)19
Capital allocation6080 (highest)6460
No price data69% below value if growth stopped today (largest discount to value if growth stopped today)46% above value if growth stopped today320% above value if growth stopped today
Market cap$522M$2.9B$1.2B$52.5B
Moat tierShallow moatNarrow moatNarrow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025