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.

IQV · Consumer Discretionary · 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%.

MAT · Consumer Discretionary · Shallow moat

Shallow moat

On the watchlist

TRN · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

KR · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureIQVMATTRNKR
Moat Score (0–100)48 (highest)48 (highest)48 (highest)48 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend88 (highest)3488 (highest)48
Pricing power73 (highest)3142
Returns on capital2402444 (highest)
Balance-sheet safety2414067 (highest)
Capital discipline100 (highest)545840
Price vs. high estimate73% above high estimate36% below high estimate (largest discount to high estimate)No price dataNo price data
Market cap$35.3B$4.3BNot reportedNot reported
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2026