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.
HTFL · 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%.
BMY · Healthcare · Shallow 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%.
| Measure | HTFL | BMY | RIGL | ABBV |
|---|---|---|---|---|
| Moat Score (0–100) | 59 | 60 (highest) | 60 (highest) | 59 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 70 | 57 | 75 (highest) | 39 |
| Pricing power | 95 | 98 | 99 (highest) | 95 |
| Returns on capital | — | — | 8 | 97 (highest) |
| Balance-sheet safety | 28 | 33 | 92 (highest) | 26 |
| Capital allocation | 45 | 50 (highest) | 24 | 38 |
| No price data | 27% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | 223% above value if growth stopped today | |
| Market cap | $2.1B | $126.4B | $673M | $458.5B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |