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.

KARX · Materials · No moat

No moat

Doesn't clear the bar

KLXE · Materials · No moat

No moat

Doesn't clear the bar

ACCO · Materials · No moat

No moat

Doesn't clear the bar

IFF · Materials · No moat

No moat

Doesn't clear the bar

MeasureKARXKLXEACCOIFF
Moat Score (0–100)22 (highest)22 (highest)22 (highest)21
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend50 (highest)50 (highest)1022
Pricing power795456 (highest)
Returns on capital08610 (highest)
Balance-sheet safety28 (highest)100
Capital allocation2444 (highest)4020
No price dataNo price data10% below value if growth stopped today (largest discount to value if growth stopped today)22987% above value if growth stopped today
Market cap$16.6M$25.8M$413M$23.1B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2026FY2025FY2025FY2025