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.

LZB · Materials · Narrow moat

Narrow moat

Wonderful & reasonably priced

DJCO · Materials · Narrow moat

Narrow moat

On the watchlist

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%.

MH · Materials · Narrow moat

Narrow moat

On the watchlist

VMC · Materials · Narrow moat

Narrow moat

On the watchlist

MeasureLZBDJCOMHVMC
Moat Score (0–100)6465 (highest)65 (highest)64
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend30100 (highest)7294
Pricing power69—100 (highest)42
Returns on capital89 (highest)02264
Balance-sheet safety73100 (highest)5039
Capital allocation61608082 (highest)
10% below value if growth stopped today (largest discount to value if growth stopped today)32% above value if growth stopped today19% above value if growth stopped today218% above value if growth stopped today
Market cap$1.2B$1.2B$2.7B$33.0B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2026FY2025FY2026FY2025