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.
| Measure | NTAP | DOCS | MCO | NVDA |
|---|---|---|---|---|
| Moat Score (0–100) | 92 | 93 (highest) | 93 (highest) | 92 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 80 | 88 | 69 | 95 (highest) |
| Pricing power | 98 | 100 (highest) | 100 (highest) | 93 |
| Returns on capital | 100 (highest) | 96 | 100 (highest) | 100 (highest) |
| Balance-sheet safety | 85 | 100 (highest) | 100 (highest) | 100 (highest) |
| Capital discipline | 98 (highest) | 80 | 94 | 72 |
| Price vs. high estimate | 50% above high estimate (largest discount to high estimate) | 113% above high estimate | 114% above high estimate | 825% above high estimate |
| Market cap | $32.9B | $3.7B | $83.6B | $5.03T |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filings as of | FY2026 | FY2026 | FY2025 | FY2026 |