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.

OXY · Materials · Shallow moat

Shallow 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%.

MTX · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

ELF · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

TLF · Materials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureOXYMTXELFTLF
Moat Score (0–100)5758 (highest)58 (highest)57
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend274174 (highest)61
Pricing power97 (highest)419695
Returns on capital45 (highest)204
Balance-sheet safety36100 (highest)5155
Capital allocation69644772 (highest)
11% below value if growth stopped today (largest discount to value if growth stopped today)71% above value if growth stopped today394% above value if growth stopped today3% below value if growth stopped today
Market cap$54.0B$2.3B$4.6B$19.3M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2026FY2025