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.

RAVE · Industrials · Narrow moat

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The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

HLIO · Industrials · Narrow moat

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XYL · Industrials · Narrow moat

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FERG · Industrials · Narrow moat

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MeasureRAVEHLIOXYLFERG
Moat Score (0–100)64 (highest)64 (highest)64 (highest)64 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend6289 (highest)7849
Pricing power92 (highest)576654
Returns on capital3519100 (highest)
Balance-sheet safety788096 (highest)84
Capital discipline2460 (highest)60 (highest)32
Price vs. high estimate61% above high estimate (largest discount to high estimate)70% above high estimate111% above high estimate110% above high estimate
Market cap$46.8M$2.7B$29.4B$44.5B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filings as ofFY2025FY2025FY2025FY2025