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.
LMT · Consumer Discretionary · Shallow moat
Doesn't clear the bar
CHWY · Consumer Discretionary · 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%.
LINC · Consumer Discretionary · Shallow moat
Doesn't clear the bar
| Measure | LMT | VVX | CHWY | LINC |
|---|---|---|---|---|
| Moat Score (0–100) | 55 | 56 (highest) | 56 (highest) | 55 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 58 | 60 | 73 (highest) | 60 |
| Pricing power | 20 | 26 | 33 | 91 (highest) |
| Returns on capital | 100 (highest) | 45 | — | 42 |
| Balance-sheet safety | 42 | 67 | 73 (highest) | 45 |
| Capital allocation | 56 | 80 (highest) | 44 | 38 |
| 88% above value if growth stopped today (largest discount to value if growth stopped today) | 193% above value if growth stopped today | No price data | 221% above value if growth stopped today | |
| Market cap | $119.6B | $2.1B | Not reported | $713M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |