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.

SCCO · Materials · Narrow moat

Narrow moat

On the watchlist

KRT · Materials · Narrow moat

Narrow moat

On the watchlist

TREX · Materials · Narrow moat

Narrow moat

On the watchlist

NOBH · Materials · Narrow moat

Narrow moat

Wonderful & reasonably priced

MeasureSCCOKRTTREXNOBH
Moat Score (0–100)7879 (highest)7878
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend6585 (highest)4378
Pricing power67 (highest)4967 (highest)40
Returns on capital95100 (highest)100 (highest)100 (highest)
Balance-sheet safety96100 (highest)100 (highest)100 (highest)
Capital discipline686080 (highest)72
Price vs. high estimate141% above high estimate10% above high estimate27% above high estimate36% below high estimate (largest discount to high estimate)
Market cap$146.9B$789M$4.6B$97.6M
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filings as ofFY2025FY2025FY2025FY2025