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.

THC · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

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%.

SUPN · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

DHR · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

RGEN · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureTHCSUPNDHRRGEN
Moat Score (0–100)58 (highest)58 (highest)58 (highest)58 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend54616977 (highest)
Pricing power98 (highest)9585
Returns on capital4978 (highest)711
Balance-sheet safety285568 (highest)56
Capital discipline100 (highest)05260
Price vs. high estimate9% below high estimate (largest discount to high estimate)186% above high estimate114% above high estimate608% above high estimate
Market cap$16.9B$2.7B$142.2B$8.2B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025