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.

LESL · Consumer Discretionary · Shallow moat

Shallow moat

On the watchlist

RAIL · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

TTSH · Consumer Discretionary · Shallow moat

Shallow moat

On the watchlist

BETA · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureLESLRAILTTSHBETA
Moat Score (0–100)44 (highest)44 (highest)44 (highest)44 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend1675 (highest)2550
Pricing power64099 (highest)90
Returns on capital88 (highest)0210
Balance-sheet safety2885 (highest)3555
Capital allocation2460 (highest)4024
96% below value if growth stopped today (largest discount to value if growth stopped today)No price data34% below value if growth stopped todayNo price data
Market cap$11.5M$160M$118M$1.4B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025