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.

KBH · Industrials · Narrow moat

Narrow moat

Wonderful & reasonably priced

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%.

VNOV · Industrials · Narrow moat

Narrow moat

On the watchlist

CAT · Industrials · Narrow moat

Narrow moat

On the watchlist

LKQ · Industrials · Narrow moat

Narrow moat

Wonderful & reasonably priced

MeasureKBHVNOVCATLKQ
Moat Score (0–100)7273 (highest)7272
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend458790 (highest)37
Pricing power71 (highest)2767
Returns on capital6688 (highest)7274
Balance-sheet safety787373100 (highest)
Capital allocation100 (highest)44100 (highest)80
45% below value if growth stopped today (largest discount to value if growth stopped today)No price data319% above value if growth stopped today37% below value if growth stopped today
Market cap$3.6BNot reported$413.5B$6.6B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025