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.

MIDD · Industrials · No moat

No moat

Doesn't clear the bar

PFGC · Industrials · No moat

No moat

Doesn't clear the bar

LYTS · Industrials · No moat

No moat

Doesn't clear the bar

GVA · Industrials · No moat

No moat

Doesn't clear the bar

MeasureMIDDPFGCLYTSGVA
Moat Score (0–100)39 (highest)39 (highest)39 (highest)39 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend2990 (highest)7682
Pricing power64 (highest)25417
Returns on capital26 (highest)689
Balance-sheet safety26151137 (highest)
Capital allocation5060 (highest)60 (highest)60 (highest)
No price data129% above value if growth stopped today109% above value if growth stopped today (largest discount to value if growth stopped today)411% above value if growth stopped today
Market capNot reported$15.2B$748M$4.7B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2026FY2026FY2025