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.

SWK · Industrials · Shallow moat

Shallow 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%.

AXON · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

ALGT · Industrials · Shallow moat

Shallow 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%.

XPO · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureSWKAXONALGTXPO
Moat Score (0–100)48 (highest)48 (highest)48 (highest)48 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend60745990 (highest)
Pricing power47100 (highest)48
Returns on capital68780 (highest)11
Balance-sheet safety028 (highest)21
Capital discipline17602669 (highest)
Price vs. high estimate152% above high estimate (largest discount to high estimate)2492% above high estimateNo price data254% above high estimate
Market cap$13.6B$42.3B$24.6B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025