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.

REAL · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

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%.

MPAA · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

LEAT · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

QSP · Consumer Discretionary · Shallow moat

Shallow moat

Doesn't clear the bar

The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.

MeasureREALMPAALEATQSP
Moat Score (0–100)52 (highest)52 (highest)52 (highest)52 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend6580 (highest)17
Pricing power93247197 (highest)
Returns on capital4249 (highest)34
Balance-sheet safety28100 (highest)100 (highest)40
Capital allocation24172438 (highest)
No price data482% above value if growth stopped today106% above value if growth stopped today (largest discount to value if growth stopped today)No price data
Market cap$1.3B$261M$80.5MNot reported
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2026FY2025FY2025