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.

OPCH · Healthcare · No moat

No moat

Doesn't clear the bar

IONS · Healthcare · No moat

No moat

Doesn't clear the bar

HRTX · Healthcare · No moat

No moat

Doesn't clear the bar

IVF · Healthcare · No moat

No moat

Doesn't clear the bar

MeasureOPCHIONSHRTXIVF
Moat Score (0–100)38 (highest)38 (highest)38 (highest)38 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend95 (highest)336550
Pricing power33100 (highest)7570
Returns on capital58 (highest)00
Balance-sheet safety34 (highest)282828
Capital allocation24242444 (highest)
31% above value if growth stopped todayNo price dataNo price dataNo price data
Market cap$3.4B$9.2B$85.8M$477366
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025