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.

INGM · Industrials · No moat

No moat

Doesn't clear the bar

SEB · Industrials · No moat

No moat

Doesn't clear the bar

LGIH · Industrials · No moat

No moat

Doesn't clear the bar

KOSS · Industrials · No moat

No moat

Doesn't clear the bar

MeasureINGMSEBLGIHKOSS
Moat Score (0–100)3031 (highest)31 (highest)30
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend3233 (highest)1020
Pricing power2864051 (highest)
Returns on capital31042 (highest)0
Balance-sheet safety40394055 (highest)
Capital allocation2076 (highest)2124
67% above value if growth stopped today19% below value if growth stopped today37% below value if growth stopped today (largest discount to value if growth stopped today)547% above value if growth stopped today
Market cap$6.9B$4.5B$1.4B$35.5M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025