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.

LEGH · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

SNBRQ · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

ESI · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

HCC · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureLEGHSNBRQESIHCC
Moat Score (0–100)5253 (highest)53 (highest)52
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend17541 (highest)36
Pricing power42100 (highest)7048
Returns on capital5596 (highest)092
Balance-sheet safety73 (highest)07262
Capital allocation746480 (highest)23
4% above value if growth stopped today (largest discount to value if growth stopped today)No price dataNo price data51% above value if growth stopped today
Market cap$631MNot reportedNot reported$4.2B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025