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.
| Measure | LW | MZTI | KO | PEP |
|---|---|---|---|---|
| Moat Score (0–100) | 71 | 72 (highest) | 72 (highest) | 70 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 85 | 77 | 87 (highest) | 68 |
| Pricing power | 35 | 39 | 100 (highest) | 92 |
| Returns on capital | 100 (highest) | 97 | 68 | 93 |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 38 | 39 |
| Capital discipline | 34 | 48 | 66 (highest) | 57 |
| Price vs. high estimate | No price data | 15% above high estimate (largest discount to high estimate) | 85% above high estimate | 21% above high estimate |
| Market cap | Not reported | $3.0B | $353.7B | $186.7B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2026 | FY2025 | FY2025 | FY2025 |