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.

OLN · Materials · No moat

No moat

Doesn't clear the bar

DOW · Materials · No moat

No 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%.

MDU · Materials · No moat

No moat

Doesn't clear the bar

The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

AMTX · Materials · No moat

No moat

Doesn't clear the bar

MeasureOLNDOWMDUAMTX
Moat Score (0–100)1617 (highest)17 (highest)16
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend20152527 (highest)
Pricing power01 (highest)0
Returns on capital11 (highest)50
Balance-sheet safety00228 (highest)
Capital allocation4851 (highest)3524
68% below value if growth stopped today (largest discount to value if growth stopped today)60% above value if growth stopped today6% above value if growth stopped todayNo price data
Market cap$2.6B$21.4B$4.3B$112M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025