The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same four filters 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.

ORMP · Healthcare · No moat

37/ 100
No moat

Doesn't clear the bar

HBIO · Healthcare · No moat

37/ 100
No moat

Doesn't clear the bar

BAX · Healthcare · No moat

37/ 100
No moat

Doesn't clear the bar

ECIA · Healthcare · No moat

37/ 100
No moat

Doesn't clear the bar

MeasureORMPHBIOBAXECIA
Moat Score (0–100)37 (highest)37 (highest)37 (highest)37 (highest)
Pricing power7089 (highest)6185
Returns on capital0027 (highest)4
Balance-sheet safety55 (highest)28028
Capital discipline242453 (highest)24
Margin of safetyNo price dataNo price dataNo price dataNo price data
Market cap$158.7M$278.6M$11.6B$536960
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025