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.

IRD · Healthcare · 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%.

MLSS · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

RPID · Healthcare · 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%.

NTRA · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureIRDMLSSRPIDNTRA
Moat Score (0–100)40 (highest)40 (highest)40 (highest)40 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend503462 (highest)60
Pricing power89 (highest)62
Returns on capital12 (highest)000
Balance-sheet safety55 (highest)55 (highest)55 (highest)55 (highest)
Capital discipline44 (highest)2444 (highest)24
Price vs. high estimateNo price dataNo price dataNo price dataNo price data
Market cap$213.2M$34.2M$92.5M$36.7B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025