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.

SAIA · Industrials · Narrow moat

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The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.

CW · Industrials · Narrow moat

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CMI · Industrials · Narrow moat

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ECG · Industrials · Narrow moat

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MeasureSAIACWCMIECG
Moat Score (0–100)7677 (highest)7676
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend739885100 (highest)
Pricing power64 (highest)4525
Returns on capital665796100 (highest)
Balance-sheet safety97 (highest)766976
Capital allocation7090 (highest)8780
186% above value if growth stopped today (largest discount to value if growth stopped today)484% above value if growth stopped today279% above value if growth stopped today325% above value if growth stopped today
Market cap$11.3B$27.7B$91.8B$6.6B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025