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.
LLY · Healthcare · Wide moat
On the watchlist
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%.
| Measure | LLY | IDXX | RMD | GRMN |
|---|---|---|---|---|
| Moat Score (0–100) | 94 | 96 (highest) | 94 | 94 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 95 | 90 | 100 (highest) | 95 |
| Pricing power | 99 (highest) | 96 | 96 | 97 |
| Returns on capital | — | 100 (highest) | 96 | 100 (highest) |
| Balance-sheet safety | 83 | 98 | 100 (highest) | 100 (highest) |
| Capital allocation | 100 (highest) | 97 | 77 | 77 |
| 1461% above value if growth stopped today | 355% above value if growth stopped today | 170% above value if growth stopped today (largest discount to value if growth stopped today) | 272% above value if growth stopped today | |
| Market cap | $1.08T | $42.7B | $32.9B | $53.4B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |