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.

OPXS · Healthcare · Narrow moat

Narrow moat

On the watchlist

BTMD · Healthcare · Wide moat

Wide moat

On the watchlist

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%.

WAT · Healthcare · Wide moat

Wide moat

On the watchlist

DXCM · Healthcare · Narrow moat

Narrow moat

On the watchlist

MeasureOPXSBTMDWATDXCM
Moat Score (0–100)80 (highest)80 (highest)80 (highest)78
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend956960100 (highest)
Pricing power2198 (highest)98 (highest)
Returns on capital82100 (highest)9796
Balance-sheet safety100 (highest)737473
Capital allocation100 (highest)807124
206% above value if growth stopped todayNo price data190% above value if growth stopped today (largest discount to value if growth stopped today)358% above value if growth stopped today
Market cap$76.8MNot reported$22.3B$27.5B
Moat tierNarrow moatWide moatWide moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025