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.

TOL · Industrials · Wide moat

Wide moat

Wonderful & reasonably priced

XPEL · Industrials · Wide moat

Wide moat

On the watchlist

DCI · Industrials · Wide moat

Wide moat

On the watchlist

AIT · Industrials · Narrow moat

Narrow moat

On the watchlist

MeasureTOLXPELDCIAIT
Moat Score (0–100)8081 (highest)8080
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend8695 (highest)8394
Pricing power335560 (highest)52
Returns on capital81100 (highest)100 (highest)89
Balance-sheet safety100 (highest)737273
Capital allocation100 (highest)808791
15% below value if growth stopped today (largest discount to value if growth stopped today)118% above value if growth stopped today136% above value if growth stopped today168% above value if growth stopped today
Market cap$12.7B$1.2B$10.2B$12.3B
Moat tierWide moatWide moatWide moatNarrow moat
Filing dateFY2025FY2025FY2026FY2026