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.

JHX · Materials · No moat

No moat

Doesn't clear the bar

CPSH · Materials · No moat

No moat

Doesn't clear the bar

LEU · Materials · No moat

No moat

Doesn't clear the bar

The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

APD · Materials · No moat

No moat

Doesn't clear the bar

MeasureJHXCPSHLEUAPD
Moat Score (0–100)37 (highest)37 (highest)37 (highest)37 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend505055 (highest)53
Pricing power64 (highest)01751
Returns on capital70 (highest)1141
Balance-sheet safety0100 (highest)310
Capital allocation02444 (highest)39
227% above value if growth stopped today425% above value if growth stopped todayNo price data164% above value if growth stopped today (largest discount to value if growth stopped today)
Market cap$15.4B$79.9MNot reported$66.3B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2026FY2025FY2025FY2025