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.

INVX · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

SWBI · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

LUV · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

SPXC · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureINVXSWBILUVSPXC
Moat Score (0–100)48 (highest)48 (highest)48 (highest)47
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend80 (highest)206065
Pricing power223845 (highest)
Returns on capital44145 (highest)37
Balance-sheet safety100 (highest)100 (highest)4564
Capital allocation3140 (highest)40 (highest)24
126% above value if growth stopped today59% above value if growth stopped today (largest discount to value if growth stopped today)329% above value if growth stopped today289% above value if growth stopped today
Market cap$1.9B$653M$22.1B$11.0B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2026FY2025FY2025