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.

TELA · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

INNV · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

IART · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

JAGX · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureTELAINNVIARTJAGX
Moat Score (0–100)4041 (highest)4040
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend65 (highest)583860
Pricing power852095 (highest)70
Returns on capital05 (highest)5 (highest)0
Balance-sheet safety28100 (highest)2828
Capital allocation24193644 (highest)
No price dataNo price data40% above value if growth stopped todayNo price data
Market cap$45M$1.2B$1.1BNot reported
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2026FY2025FY2025