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.
LVS · Consumer Discretionary · Shallow moat
Doesn't clear the bar
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%.
| Measure | LVS | LAD | FC | HCKT |
|---|---|---|---|---|
| Moat Score (0–100) | 57 (highest) | 57 (highest) | 57 (highest) | 57 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 68 | 98 (highest) | 63 | 67 |
| Pricing power | — | 24 | 97 (highest) | 45 |
| Returns on capital | 77 | 56 | 38 | 97 (highest) |
| Balance-sheet safety | 21 | 9 | 48 | 57 (highest) |
| Capital discipline | 63 | 100 (highest) | 40 | 20 |
| Price vs. high estimate | 92% above high estimate | 58% below high estimate (largest discount to high estimate) | Around the high estimate | No price data |
| Market cap | $30.9B | $7.6B | $256.2M | — |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |