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.

PATK · Consumer Discretionary · Narrow moat

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NROM · Consumer Discretionary · Narrow moat

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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%.

NRDY · Consumer Discretionary · Narrow moat

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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%.

DLTR · Consumer Discretionary · Narrow moat

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MeasurePATKNROMNRDYDLTR
Moat Score (0–100)62 (highest)62 (highest)62 (highest)62 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend2378 (highest)5239
Pricing power2697 (highest)48
Returns on capital100 (highest)100 (highest)64
Balance-sheet safety100 (highest)405590
Capital allocation60304469 (highest)
10% above value if growth stopped today (largest discount to value if growth stopped today)163% above value if growth stopped todayNo price data68% above value if growth stopped today
Market cap$2.8B$14.9M$102M$23.9B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2026