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.

ONMD · Consumer Discretionary · 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%.

QVCDQ · Consumer Discretionary · No moat

No moat

Doesn't clear the bar

The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.

CHGG · Consumer Discretionary · No moat

No moat

Doesn't clear the bar

VOYG · Consumer Discretionary · 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%.

MeasureONMDQVCDQCHGGVOYG
Moat Score (0–100)37 (highest)37 (highest)37 (highest)37 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend483060 (highest)
Pricing power06091 (highest)25
Returns on capital16 (highest)11
Balance-sheet safety55 (highest)282828
Capital discipline44 (highest)44 (highest)2434
Price vs. high estimateNo price dataNo price data78% below high estimateNo price data
Market cap$35.3M$96.9M$1.0B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025