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.

MUSA · Consumer Discretionary · Narrow moat

Narrow moat

On the watchlist

KNIH · Consumer Discretionary · Narrow moat

Narrow moat

On the watchlist

The capitalDiscipline component abstained: Not enough owner-earnings history to score capital discipline. The other four 20% weights were renormalized over the scored 80%.

R · Consumer Discretionary · 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%.

PRDO · Consumer Discretionary · Narrow moat

Narrow moat

Wonderful & reasonably priced

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%.

MeasureMUSAKNIHRPRDO
Moat Score (0–100)7475 (highest)7474
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend6685 (highest)8085 (highest)
Pricing power100 (highest)96100 (highest)—
Returns on capital100 (highest)18—77
Balance-sheet safety36100 (highest)2673
Capital allocation68—92 (highest)62
No price dataNo price data64% above value if growth stopped today29% above value if growth stopped today (largest discount to value if growth stopped today)
Market capNot reportedNot reported$9.5B$2.1B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025