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 | MCO | UI | DOCS | NTAP |
|---|---|---|---|---|
| Moat Score (0–100) | 93 (highest) | 93 (highest) | 93 (highest) | 92 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 69 | 95 (highest) | 88 | 80 |
| Pricing power | 100 (highest) | 70 | 100 (highest) | 98 |
| Returns on capital | 100 (highest) | 100 (highest) | 96 | 100 (highest) |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 100 (highest) | 85 |
| Capital allocation | 94 | 100 (highest) | 80 | 98 |
| 256% above value if growth stopped today | 703% above value if growth stopped today | 223% above value if growth stopped today | 196% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $86.0B | $36.4B | $5.7B | $39.9B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filing date | FY2025 | FY2026 | FY2026 | FY2026 |