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.

SNX · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

AZZ · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

ROCK · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

SXI · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureSNXAZZROCKSXI
Moat Score (0–100)48 (highest)48 (highest)48 (highest)48 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend95 (highest)903280
Pricing power11363861 (highest)
Returns on capital101241 (highest)31
Balance-sheet safety4343100 (highest)12
Capital discipline80 (highest)602956
Price vs. high estimate92% above high estimate297% above high estimate56% above high estimate (largest discount to high estimate)201% above high estimate
Market cap$19.6B$4.5B$1.6B$3.6B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2026FY2025FY2025