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 | STE | BSX | PEN | SNYR |
|---|---|---|---|---|
| Moat Score (0–100) | 59 (highest) | 59 (highest) | 59 (highest) | 58 |
| Pricing power | 73 | 100 (highest) | 100 (highest) | 85 |
| Returns on capital | 27 | 13 | 7 | 75 (highest) |
| Balance-sheet safety | 82 (highest) | 50 | 73 | 28 |
| Capital discipline | 60 | 75 (highest) | 60 | 24 |
| Margin of safety | 103% above value (highest margin of safety) | No price data | 4096% above value | No price data |
| Market cap | $21.3B | — | $12.5B | $2.1M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2026 | FY2025 | FY2025 | FY2025 |