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.

HSTM · Technology · 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%.

NTSK · Technology · Narrow moat

Narrow moat

On the watchlist

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%.

AMD · Technology · Narrow moat

Narrow moat

On the watchlist

GDDY · Technology · Narrow moat

Narrow moat

On the watchlist

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%.

MeasureHSTMNTSKAMDGDDY
Moat Score (0–100)66 (highest)66 (highest)66 (highest)66 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend69707478 (highest)
Pricing power96 (highest)58
Returns on capital074 (highest)46
Balance-sheet safety100 (highest)55100 (highest)39
Capital discipline944424100 (highest)
Price vs. high estimate14% below high estimate (largest discount to high estimate)No price data1185% above high estimate19% above high estimate
Market cap$838.0M$2.9B$820.8B$12.8B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filings as ofFY2025FY2026FY2025FY2025