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.

SSTK · Technology · Narrow moat

Narrow moat

Wonderful & reasonably priced

IA · Technology · Narrow moat

Narrow moat

On the watchlist

TYL · Technology · Narrow moat

Narrow moat

On the watchlist

APP · Technology · Narrow moat

Narrow moat

On the watchlist

MeasureSSTKIATYLAPP
Moat Score (0–100)7475 (highest)7474
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend53100 (highest)100 (highest)90
Pricing power97 (highest)857885
Returns on capital92 (highest)493440
Balance-sheet safety5367100 (highest)97
Capital allocation76 (highest)726060
87% below value if growth stopped today (largest discount to value if growth stopped today)377% above value if growth stopped today350% above value if growth stopped today849% above value if growth stopped today
Market cap$144M$341M$15.0B$88.7B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2025