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.

LEAT · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

LAUR · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

MPAA · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

REAL · Consumer Discretionary · 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%.

MeasureLEATLAURMPAAREAL
Moat Score (0–100)52 (highest)52 (highest)52 (highest)52 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend1795 (highest)8065
Pricing power71252493 (highest)
Returns on capital49 (highest)1542
Balance-sheet safety100 (highest)100 (highest)100 (highest)28
Capital allocation2427 (highest)1724
106% above value if growth stopped today96% above value if growth stopped today (largest discount to value if growth stopped today)482% above value if growth stopped todayNo price data
Market cap$80.5M$5.3B$261M$1.3B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2026FY2025