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.

KEQU · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

GEHC · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MIR · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

BBIO · Healthcare · Shallow moat

Shallow 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%.

MeasureKEQUGEHCMIRBBIO
Moat Score (0–100)4950 (highest)50 (highest)49
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend705480 (highest)55
Pricing power9707191 (highest)
Returns on capital4863 (highest)0
Balance-sheet safety55 (highest)415328
Capital allocation66 (highest)214424
22% below value if growth stopped todayNo price dataNo price dataNo price data
Market cap$103MNot reportedNot reported$16.4B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2026FY2025FY2025FY2025