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.

TBTC · Communications · Wide moat

Wide moat

Wonderful & reasonably priced

TMUS · Communications · Wide moat

Wide moat

On the watchlist

NFLX · Communications · Wide moat

Wide moat

On the watchlist

MeasureTBTCTMUSNFLX
Moat Score (0–100)84 (highest)8381
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend678095 (highest)
Pricing power97100 (highest)54
Returns on capital797386 (highest)
Balance-sheet safety100 (highest)100 (highest)87
Capital allocation746084 (highest)
15% above value if growth stopped today (largest discount to value if growth stopped today)58% above value if growth stopped today392% above value if growth stopped today
Market cap$20.9M$199.3B$295.9B
Moat tierWide moatWide moatWide moat
Filing dateFY2025FY2025FY2025