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.

NVT · Industrials · Narrow moat

Narrow moat

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ETN · Industrials · Narrow moat

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

OFLX · Industrials · Narrow moat

Narrow moat

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PH · Industrials · Narrow moat

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MeasureNVTETNOFLXPH
Moat Score (0–100)6970 (highest)70 (highest)69
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend9097 (highest)1092
Pricing power6753100 (highest)34
Returns on capital1350100 (highest)70
Balance-sheet safety78100 (highest)58
Capital allocation97 (highest)813891
396% above value if growth stopped today316% above value if growth stopped today29% above value if growth stopped today (largest discount to value if growth stopped today)347% above value if growth stopped today
Market cap$24.5B$156.7B$298M$125.1B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025