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.

OVV · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

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%.

HNI · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

FBIN · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

REI · Materials · Shallow moat

Shallow moat

On the watchlist

MeasureOVVHNIFBINREI
Moat Score (0–100)46 (highest)46 (highest)46 (highest)46 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend656174 (highest)57
Pricing power614887 (highest)
Returns on capital4446 (highest)3613
Balance-sheet safety3640 (highest)1728
Capital discipline372154 (highest)44
Price vs. high estimate7% below high estimate104% above high estimate15% above high estimate64% below high estimate (largest discount to high estimate)
Market cap$14.6B$2.9B$6.0B$267.9M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025