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.

MRMD · Healthcare · No moat

No moat

Doesn't clear the bar

EBS · Healthcare · No moat

No moat

Doesn't clear the bar

TXMD · Healthcare · No moat

No moat

Doesn't clear the bar

ACRS · Healthcare · No moat

No moat

Doesn't clear the bar

MeasureMRMDEBSTXMDACRS
Moat Score (0–100)36 (highest)36 (highest)36 (highest)36 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend54 (highest)154842
Pricing power666880 (highest)59
Returns on capital16 (highest)1100
Balance-sheet safety0292855 (highest)
Capital allocation4457 (highest)2424
No price dataNo price dataNo price dataNo price data
Market cap$26.2M$378M$23.8M$630M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025