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.

SGHT · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

CSTL · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MMED · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

ADMA · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureSGHTCSTLMMEDADMA
Moat Score (0–100)4849 (highest)49 (highest)48
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend70605080 (highest)
Pricing power9399 (highest)940
Returns on capital05018 (highest)
Balance-sheet safety555555100 (highest)
Capital allocation242444 (highest)44 (highest)
No price dataNo price dataNo price dataNo price data
Market cap$263M$733M$4.7B$2.0B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2026FY2025