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.

ORBS · Other · No moat

No moat

Doesn't clear the bar

NBND · Other · 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%.

CORZ · Other · No moat

No moat

Doesn't clear the bar

PAPL · Other · No moat

No moat

Doesn't clear the bar

MeasureORBSNBNDCORZPAPL
Moat Score (0–100)2122 (highest)2120
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend32 (highest)102027
Pricing power026 (highest)70
Returns on capital0 (highest)—0 (highest)0 (highest)
Balance-sheet safety282855 (highest)28
Capital allocation44 (highest)242444 (highest)
No price dataNo price dataNo price dataNo price data
Market cap$173MNot reported$4.8B$1.1M
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025