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.

IAUX · Materials · No moat

No moat

Doesn't clear the bar

KRO · Materials · No moat

No moat

Doesn't clear the bar

ATLX · Materials · No moat

No moat

Doesn't clear the bar

NCL · Materials · No moat

No moat

Doesn't clear the bar

MeasureIAUXKROATLXNCL
Moat Score (0–100)24 (highest)24 (highest)24 (highest)24 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend50 (highest)2850 (highest)20
Pricing power09017 (highest)
Returns on capital040 (highest)012
Balance-sheet safety28 (highest)028 (highest)28 (highest)
Capital allocation4445 (highest)4444
No price data26% below value if growth stopped todayNo price dataNo price data
Market cap$1.3B$854M$60.9M$8.8M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2024