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.

NTCT · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

TRIP · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

IBM · Technology · 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%.

INVU · Technology · 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%.

MeasureNTCTTRIPIBMINVU
Moat Score (0–100)58 (highest)58 (highest)58 (highest)58 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend657578 (highest)27
Pricing power99100 (highest)8686
Returns on capital033 (highest)
Balance-sheet safety73 (highest)442355
Capital allocation52404562 (highest)
114% above value if growth stopped today315% above value if growth stopped today79% above value if growth stopped today (largest discount to value if growth stopped today)661% above value if growth stopped today
Market cap$2.9B$1.6B$200.7B$47.9M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2026FY2025FY2025FY2025