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.

SNTW · Utilities · No moat

No moat

Doesn't clear the bar

The businessTrend component abstained: Only one aligned fiscal year of revenue and diluted EPS is available; a trend needs at least two observations. The other four 20% weights were renormalized over the scored 80%.

GWRS · Utilities · No moat

No 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%.

SLNG · Utilities · No moat

No 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%.

VG · Utilities · No moat

No 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%.

MeasureSNTWGWRSSLNGVG
Moat Score (0–100)1720 (highest)1717
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend55 (highest)3450
Pricing power15 (highest)9
Returns on capital00013 (highest)
Balance-sheet safety28 (highest)04
Capital allocation24 (highest)24 (highest)24 (highest)0
No price data246% above value if growth stopped today6059% above value if growth stopped today24% above value if growth stopped today (largest discount to value if growth stopped today)
Market cap$9M$212M$85.5M$37.7B
Moat tierNo moatNo moatNo moatNo moat
Filing dateFY2025FY2025FY2025FY2025