The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same four filters 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.

INIS · Healthcare · No moat

36/ 100
No moat

Doesn't clear the bar

BDX · Healthcare · No moat

36/ 100
No moat

Doesn't clear the bar

CERS · Healthcare · No moat

36/ 100
No moat

Doesn't clear the bar

LFMD · Healthcare · No moat

35/ 100
No moat

Doesn't clear the bar

MeasureINISBDXCERSLFMD
Moat Score (0–100)36 (highest)36 (highest)36 (highest)35
Pricing power84 (highest)7684 (highest)70
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety28 (highest)1028 (highest)28 (highest)
Capital discipline2454 (highest)2444
Margin of safetyNo price dataAround fair valueNo price dataNo price data
Market cap$37.1M$45.1B$601.4M$193.6M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025