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.

QLYS · Technology · Wide moat

Wide moat

On the watchlist

MSFT · Technology · Wide moat

Wide moat

On the watchlist

Class C — scored under GOOGL

GOOG · Technology · Wide moat

Wide moat

On the watchlist

FFIV · Technology · Wide moat

Wide moat

On the watchlist

MeasureQLYSMSFTGOOGFFIV
Moat Score (0–100)9597 (highest)97 (highest)95
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend100 (highest)100 (highest)9589
Pricing power100 (highest)100 (highest)94100 (highest)
Returns on capital97100 (highest)97100 (highest)
Balance-sheet safety100 (highest)9998100 (highest)
Capital allocation8187100 (highest)86
265% above value if growth stopped today (largest discount to value if growth stopped today)309% above value if growth stopped today394% above value if growth stopped today423% above value if growth stopped today
Market cap$6.9B$4.01T$4.17T$26.3B
Moat tierWide moatWide moatWide moatWide moat
Filing dateFY2025FY2026FY2025FY2025