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.

SMID · Materials · Narrow moat

Narrow moat

Wonderful & reasonably priced

CMPR · Materials · Narrow moat

Narrow moat

On the watchlist

MGY · Materials · 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%.

CSL · Materials · Narrow moat

Narrow moat

On the watchlist

MeasureSMIDCMPRMGYCSL
Moat Score (0–100)69 (highest)69 (highest)69 (highest)68
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend95 (highest)684579
Pricing power3382 (highest)—46
Returns on capital804288 (highest)54
Balance-sheet safety735398 (highest)62
Capital allocation63100 (highest)45100 (highest)
41% above value if growth stopped today139% above value if growth stopped today7% above value if growth stopped today (largest discount to value if growth stopped today)49% above value if growth stopped today
Market cap$119M$1.8B$4.6B$13.4B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2026FY2025FY2025