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.

MHO · Industrials · Narrow moat

Narrow moat

Wonderful & reasonably priced

IEX · Industrials · Narrow moat

Narrow moat

On the watchlist

FELE · Industrials · Narrow moat

Narrow moat

On the watchlist

WWD · Industrials · Narrow moat

Narrow moat

On the watchlist

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%.

MeasureMHOIEXFELEWWD
Moat Score (0–100)7374 (highest)7373
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend64716295 (highest)
Pricing power3376 (highest)6043
Returns on capital97 (highest)7269
Balance-sheet safety100 (highest)819773
Capital allocation72707780 (highest)
27% below value if growth stopped today (largest discount to value if growth stopped today)139% above value if growth stopped today116% above value if growth stopped today651% above value if growth stopped today
Market cap$3.9B$16.6B$4.7B$25.1B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025