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.

KWIK · Technology · 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%.

CRCW · Technology · 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%.

NXTT · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

AAQL · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureKWIKCRCWNXTTAAQL
Moat Score (0–100)45 (highest)45 (highest)45 (highest)44
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend57 (highest)474543
Pricing power70606780 (highest)
Returns on capital12 (highest)0
Balance-sheet safety282855 (highest)55 (highest)
Capital discipline2444 (highest)44 (highest)44 (highest)
Price vs. high estimateNo price dataNo price dataNo price dataNo price data
Market cap$2.9M$5.1M$4.5M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2026