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.

MTD · Healthcare · Wide moat

Wide 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%.

INVA · Healthcare · Wide moat

Wide moat

Wonderful & reasonably priced

HRMY · Healthcare · Wide moat

Wide moat

On the watchlist

LFVN · Healthcare · Wide moat

Wide moat

On the watchlist

MeasureMTDINVAHRMYLFVN
Moat Score (0–100)82 (highest)82 (highest)82 (highest)82 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend724595 (highest)33
Pricing power979899100 (highest)
Returns on capital95100 (highest)100 (highest)
Balance-sheet safety677586100 (highest)
Capital discipline91100 (highest)3275
Price vs. high estimate74% above high estimate61% below high estimate (largest discount to high estimate)9% above high estimate51% above high estimate
Market cap$27.0B$1.6B$2.0B$81.2M
Moat tierWide moatWide moatWide moatWide moat
Filings as ofFY2025FY2025FY2025FY2025