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.
OPY · Other · Narrow moat
Wonderful & reasonably priced
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%.
TW · Other · Narrow 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%.
AAMI · Other · Narrow moat
Wonderful & reasonably priced
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%.
BLK · Other · Narrow 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%.
| Measure | OPY | TW | AAMI | BLK |
|---|---|---|---|---|
| Moat Score (0–100) | 66 | 69 (highest) | 68 | 66 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 73 | 100 (highest) | 55 | 76 |
| Pricing power | — | — | — | — |
| Returns on capital | 28 | 23 | 100 (highest) | 60 |
| Balance-sheet safety | 100 (highest) | 73 | 36 | 76 |
| Capital discipline | 64 | 81 (highest) | 80 | 53 |
| Price vs. high estimate | 11% below high estimate | 126% above high estimate | 68% below high estimate (largest discount to high estimate) | 147% above high estimate |
| Market cap | $1.2B | $21.6B | $2.9B | $163.5B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |