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.

QURE · Healthcare · No moat

No moat

Doesn't clear the bar

LH · Healthcare · No moat

No moat

Doesn't clear the bar

DAIO · Healthcare · No moat

No moat

Doesn't clear the bar

CNMD · Healthcare · No moat

No moat

Doesn't clear the bar

MeasureQURELHDAIOCNMD
Moat Score (0–100)39 (highest)39 (highest)39 (highest)39 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend15381656 (highest)
Pricing power96 (highest)439192
Returns on capital719 (highest)110
Balance-sheet safety55 (highest)3255 (highest)3
Capital allocation2465 (highest)2445
No price data95% above value if growth stopped todayNo price data22% above value if growth stopped today (largest discount to value if growth stopped today)
Market cap$2.4B$24.4B$29.3M$1.3B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025