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.

MRKR · Healthcare · No moat

No moat

Doesn't clear the bar

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

LYRA · Healthcare · No moat

No moat

Doesn't clear the bar

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

LQDA · Healthcare · No moat

No moat

Doesn't clear the bar

GKOS · Healthcare · No moat

No moat

Doesn't clear the bar

MeasureMRKRLYRALQDAGKOS
Moat Score (0–100)39 (highest)39 (highest)39 (highest)39 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend57 (highest)57 (highest)57 (highest)55
Pricing power87 (highest)87 (highest)
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety55 (highest)55 (highest)2828
Capital discipline44 (highest)44 (highest)2424
Price vs. high estimateNo price dataNo price dataNo price dataNo price data
Market cap$21.4M$922939$6.7B$8.9B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025