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.

NELR · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

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%.

STRL · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

GRBK · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.

TAYD · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureNELRSTRLGRBKTAYD
Moat Score (0–100)58 (highest)58 (highest)58 (highest)57
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend6095 (highest)7573
Pricing power70 (highest)03326
Returns on capital72 (highest)2445
Balance-sheet safety78100 (highest)100 (highest)
Capital discipline2424100 (highest)43
Price vs. high estimateNo price data699% above high estimate6% below high estimate (largest discount to high estimate)103% above high estimate
Market cap$20.0B$3.0B$230.1M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025