The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | SOLV | MMM | SYK | PDEX |
|---|---|---|---|---|
| Moat Score (0–100) | 68 (highest) | 68 (highest) | 68 (highest) | 68 (highest) |
| Pricing power | 94 | 72 | 100 (highest) | 44 |
| Returns on capital | 55 | 97 (highest) | 51 | 72 |
| Balance-sheet safety | 79 (highest) | 45 | 45 | 65 |
| Capital discipline | 37 | 45 | 69 | 100 (highest) |
| Margin of safety | 23% below value (highest margin of safety) | 75% above value | No price data | 68% above value |
| Market cap | $14.1B | $84.8B | — | $187.1M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |