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

LXU · 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%.

AMTX · Materials · No moat

No moat

Doesn't clear the bar

MeasureOLNLXUDOWAMTX
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 trend2050 (highest)1527
Pricing power001 (highest)0
Returns on capital11 (highest)4—0
Balance-sheet safety012028 (highest)
Capital allocation482051 (highest)24
79% below value if growth stopped today (largest discount to value if growth stopped today)No price data59% above value if growth stopped todayNo price data
Market cap$1.8BNot reported$21.3B$95.6M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025