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.

SLGN · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.

UAL · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

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%.

PWR · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

LYTS · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureSLGNUALPWRLYTS
Moat Score (0–100)49 (highest)49 (highest)49 (highest)49 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend817298 (highest)61
Pricing power282741 (highest)
Returns on capital2144 (highest)1215
Balance-sheet safety313566 (highest)
Capital discipline654873 (highest)60
Price vs. high estimate21% above high estimate (largest discount to high estimate)31% above high estimate469% above high estimate32% above high estimate
Market cap$4.9B$38.0B$94.6B$703.0M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025