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.

SF · Other · Narrow moat

Narrow moat

On the watchlist

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%.

VRTS · Other · Wide moat

Wide moat

Wonderful & reasonably priced

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%.

CNS · Other · Narrow moat

Narrow moat

On the watchlist

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%.

WT · Other · Narrow moat

Narrow moat

On the watchlist

MeasureSFVRTSCNSWT
Moat Score (0–100)7881 (highest)7978
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend79747881 (highest)
Pricing power100
Returns on capital8889100 (highest)93
Balance-sheet safety78100 (highest)100 (highest)37
Capital discipline69603981 (highest)
Price vs. high estimateNo price data70% below high estimate (largest discount to high estimate)49% above high estimate275% above high estimate
Market cap$1.1B$4.2B$2.8B
Moat tierNarrow moatWide moatNarrow moatNarrow moat
Filings as ofFY2025FY2025FY2025FY2025