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.

MATW · Industrials · No moat

No moat

Doesn't clear the bar

MTRX · Industrials · No moat

No moat

Doesn't clear the bar

SPCE · Industrials · No moat

No moat

Doesn't clear the bar

BW · Industrials · No moat

No moat

Doesn't clear the bar

MeasureMATWMTRXSPCEBW
Moat Score (0–100)22 (highest)22 (highest)22 (highest)22 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend3042 (highest)2026
Pricing power52 (highest)01912
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety028 (highest)28 (highest)28 (highest)
Capital allocation284244 (highest)44 (highest)
570% above value if growth stopped todayNo price dataNo price dataNo price data
Market cap$853M$341M$183M$1.3B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025