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.

TECH · Healthcare · Narrow moat

Narrow moat

On the watchlist

FTLF · Healthcare · Narrow moat

Narrow moat

On the watchlist

UHS · Healthcare · 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%.

MDNC · Healthcare · Narrow moat

Narrow moat

On the watchlist

The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.

MeasureTECHFTLFUHSMDNC
Moat Score (0–100)6566 (highest)66 (highest)65
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend455592 (highest)—
Pricing power100 (highest)62—84
Returns on capital249625100 (highest)
Balance-sheet safety100 (highest)365854
Capital allocation588088 (highest)24
307% above value if growth stopped today34% above value if growth stopped today10% above value if growth stopped today (largest discount to value if growth stopped today)No price data
Market cap$11.3B$80.5M$12.1BNot reported
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2026FY2025FY2025FY2026