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.

TASK · Technology · Narrow moat

Narrow moat

Wonderful & reasonably priced

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%.

BSY · Technology · Narrow moat

Narrow moat

On the watchlist

AVGO · Technology · Narrow moat

Narrow moat

On the watchlist

TZOO · Technology · Narrow moat

Narrow moat

On the watchlist

The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

MeasureTASKBSYAVGOTZOO
Moat Score (0–100)69 (highest)69 (highest)69 (highest)69 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend97 (highest)888137
Pricing power100 (highest)8699
Returns on capital354569 (highest)
Balance-sheet safety676149100 (highest)
Capital discipline77 (highest)526040
Price vs. high estimate55% below high estimate (largest discount to high estimate)135% above high estimate555% above high estimate29% above high estimate
Market cap$541.4M$10.8B$1.79T$120.1M
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filings as ofFY2025FY2025FY2025FY2025