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.

ICUI · Healthcare · No moat

No moat

Doesn't clear the bar

IDXX · Healthcare · Wide moat

Wide moat

On the watchlist

LLY · Healthcare · Wide moat

Wide 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%.

RMD · Healthcare · Wide moat

Wide moat

On the watchlist

MeasureICUIIDXXLLYRMD
Moat Score (0–100)3096 (highest)9494
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend559095100 (highest)
Pricing power489699 (highest)96
Returns on capital4100 (highest)—96
Balance-sheet safety09883100 (highest)
Capital allocation4197100 (highest)77
219% above value if growth stopped today376% above value if growth stopped today1609% above value if growth stopped today182% above value if growth stopped today (largest discount to value if growth stopped today)
Market cap$4.0B$44.7B$1.19T$34.5B
Moat tierNo moatWide moatWide moatWide moat
Filing dateFY2025FY2025FY2025FY2026