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.

NCLH · Industrials · No moat

No moat

Doesn't clear the bar

UEIC · Industrials · No moat

No moat

Doesn't clear the bar

QXO · Industrials · No moat

No moat

Doesn't clear the bar

MMCP · Industrials · No moat

No moat

Doesn't clear the bar

MeasureNCLHUEICQXOMMCP
Moat Score (0–100)34 (highest)34 (highest)34 (highest)34 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend80 (highest)105551
Pricing power333856 (highest)28
Returns on capital164818 (highest)
Balance-sheet safety4055 (highest)2828
Capital allocation264 (highest)2446
378% above value if growth stopped today (largest discount to value if growth stopped today)No price data1259405% above value if growth stopped todayNo price data
Market cap$8.8B$58.2M$9.2BNot reported
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025