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.

OPY · Other · Narrow moat

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%.

VCTR · Other · Narrow moat

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

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%.

HKHC · Other · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureOPYVCTRAAMIHKHC
Moat Score (0–100)6365 (highest)6458
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend59743975 (highest)
Pricing power43
Returns on capital2856100 (highest)11
Balance-sheet safety100 (highest)4936100 (highest)
Capital allocation6480 (highest)80 (highest)60
46% above value if growth stopped today79% above value if growth stopped today69% below value if growth stopped today (largest discount to value if growth stopped today)No price data
Market cap$1.2B$6.2B$2.9B$522M
Moat tierNarrow moatNarrow moatNarrow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025