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.

LUCY · Healthcare · Shallow moat

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%.

WHWK · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

NTRR · Healthcare · Shallow moat

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%.

NEOG · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureLUCYWHWKNTRRNEOG
Moat Score (0–100)46 (highest)46 (highest)46 (highest)46 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend633570 (highest)62
Pricing power097 (highest)4380
Returns on capital017 (highest)
Balance-sheet safety78 (highest)552828
Capital discipline44 (highest)44 (highest)44 (highest)44 (highest)
Price vs. high estimateNo price dataNo price dataNo price dataNo price data
Market cap$4.1M$178.7M$548715$2.2B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2023FY2025