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.

LEEEF · 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%.

NUWE · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MRNA · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

ATPC · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureLEEEFNUWEMRNAATPC
Moat Score (0–100)42 (highest)42 (highest)42 (highest)42 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend70 (highest)465020
Pricing power466470 (highest)70 (highest)
Returns on capital010 (highest)0
Balance-sheet safety2855 (highest)55 (highest)55 (highest)
Capital discipline24442464 (highest)
Price vs. high estimateNo price dataNo price dataNo price dataNo price data
Market cap$55.2M$5.1M$23.4B$2.6M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025