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.

OIS · Industrials · No moat

No moat

Doesn't clear the bar

FLR · Industrials · No moat

No moat

Doesn't clear the bar

ORN · Industrials · No moat

No moat

Doesn't clear the bar

FCEL · Industrials · No moat

No moat

Doesn't clear the bar

MeasureOISFLRORNFCEL
Moat Score (0–100)27 (highest)27 (highest)27 (highest)26
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend434578 (highest)60
Pricing power11 (highest)000
Returns on capital012 (highest)40
Balance-sheet safety55 (highest)55 (highest)5228
Capital allocation2426044 (highest)
683% above value if growth stopped today414% above value if growth stopped today (largest discount to value if growth stopped today)No price dataNo price data
Market cap$517M$7.9B$506M$980M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025