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.

TMUS · Communications · Wide moat

Wide moat

Wonderful & reasonably priced

TBTC · Communications · Wide moat

Wide moat

Wonderful & reasonably priced

NFLX · Communications · Wide moat

Wide moat

On the watchlist

BUKS · Communications · Narrow moat

Narrow moat

On the watchlist

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%.

MeasureTMUSTBTCNFLXBUKS
Moat Score (0–100)8384 (highest)8177
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend806795 (highest)91
Pricing power100 (highest)9754—
Returns on capital737986 (highest)48
Balance-sheet safety100 (highest)100 (highest)8787
Capital allocation607484 (highest)81
38% above value if growth stopped today28% above value if growth stopped today (largest discount to value if growth stopped today)409% above value if growth stopped today120% above value if growth stopped today
Market cap$173.8B$23.2M$306.6B$306M
Moat tierWide moatWide moatWide moatNarrow moat
Filing dateFY2025FY2025FY2025FY2026