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.

PH · Industrials · Narrow moat

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OFLX · Industrials · Narrow moat

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NVT · Industrials · Narrow moat

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MYRG · Industrials · Narrow moat

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MeasurePHOFLXNVTMYRG
Moat Score (0–100)6970 (highest)6969
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend92 (highest)109090
Pricing power34100 (highest)6719
Returns on capital70100 (highest)1346
Balance-sheet safety58100 (highest)78100 (highest)
Capital discipline913897 (highest)90
Price vs. high estimate176% above high estimate29% above high estimate (largest discount to high estimate)396% above high estimate285% above high estimate
Market cap$125.1B$298M$24.5B$5.9B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filings as ofFY2025FY2025FY2025FY2025