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.

NPCE · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

CRNX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

KAYS · Healthcare · 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%.

TDOC · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureNPCECRNXKAYSTDOC
Moat Score (0–100)4445 (highest)4444
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend70 (highest)501051
Pricing power100 (highest)946998
Returns on capital0 (highest)0 (highest)0 (highest)
Balance-sheet safety2855 (highest)55 (highest)28
Capital allocation242444 (highest)44 (highest)
No price dataNo price dataNo price dataNo price data
Market cap$497M$8.0B$12439$1.6B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2024FY2025