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.
ADM · Consumer Staples · No moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | MDWK | ADM | RMCF | XXII |
|---|---|---|---|---|
| Moat Score (0–100) | 20 | 21 (highest) | 21 (highest) | 18 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 40 (highest) | 10 | 27 | 10 |
| Pricing power | 10 | 0 | 17 (highest) | 0 |
| Returns on capital | 0 | — | 11 (highest) | 0 |
| Balance-sheet safety | 28 | 24 | 28 | 55 (highest) |
| Capital allocation | 24 | 50 (highest) | 24 | 24 |
| No price data | 37% above value if growth stopped today | No price data | No price data | |
| Market cap | $14.3M | $41.3B | $8.5M | $2.2M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |