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.

PMTS · Materials · Narrow moat

Narrow moat

Wonderful & reasonably priced

CRH · Materials · Narrow moat

Narrow moat

On the watchlist

WMS · Materials · Narrow moat

Narrow moat

On the watchlist

CF · Materials · Narrow moat

Narrow moat

Wonderful & reasonably priced

MeasurePMTSCRHWMSCF
Moat Score (0–100)6263 (highest)63 (highest)62
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend5588 (highest)7064
Pricing power5459 (highest)3123
Returns on capital82 (highest)447577
Balance-sheet safety53427782 (highest)
Capital allocation6782 (highest)6064
25% below value if growth stopped today (largest discount to value if growth stopped today)82% above value if growth stopped today106% above value if growth stopped today8% below value if growth stopped today
Market cap$224M$70.6B$10.3B$19.2B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2026FY2025