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.
| Measure | TDG | TJX | DRI | LRN |
|---|---|---|---|---|
| Moat Score (0–100) | 78 (highest) | 78 (highest) | 78 (highest) | 77 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 100 (highest) | 91 | 94 | 100 (highest) |
| Pricing power | 93 (highest) | 47 | 31 | 60 |
| Returns on capital | 75 | 100 (highest) | 97 | 48 |
| Balance-sheet safety | 40 | 78 | 72 | 100 (highest) |
| Capital allocation | 80 | 74 | 94 (highest) | 77 |
| No price data | 218% above value if growth stopped today | 108% above value if growth stopped today | Around the value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | Not reported | $158.1B | $23.8B | $3.4B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2026 | FY2026 | FY2026 |