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.
| Measure | QUCY | LAB | HROW | MRNA |
|---|---|---|---|---|
| Moat Score (0–100) | 35 (highest) | 35 (highest) | 35 (highest) | 35 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 20 | 20 | 63 (highest) | 15 |
| Pricing power | 94 (highest) | 76 | 87 | 70 |
| Returns on capital | 0 | 0 | 0 | 10 (highest) |
| Balance-sheet safety | 28 | 55 (highest) | 0 | 55 (highest) |
| Capital allocation | 33 (highest) | 24 | 24 | 24 |
| No price data | No price data | No price data | No price data | |
| Market cap | $10.6M | $322M | $1.4B | $21.3B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |