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.

LKQ · Industrials · Narrow moat

Narrow moat

Wonderful & reasonably priced

CAT · Industrials · Narrow moat

Narrow moat

On the watchlist

KBH · Industrials · Narrow moat

Narrow moat

Wonderful & reasonably priced

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

COR · Industrials · Narrow moat

Narrow moat

On the watchlist

MeasureLKQCATKBHCOR
Moat Score (0–100)72 (highest)72 (highest)72 (highest)72 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend3790 (highest)4579
Pricing power67 (highest)27—22
Returns on capital747266100 (highest)
Balance-sheet safety100 (highest)737888
Capital allocation80100 (highest)100 (highest)70
47% below value if growth stopped today253% above value if growth stopped today60% below value if growth stopped today (largest discount to value if growth stopped today)203% above value if growth stopped today
Market cap$5.6B$348.5B$2.6B$65.2B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025