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.
| Measure | TPR | PMTS | CF | MTDR |
|---|---|---|---|---|
| Moat Score (0–100) | 62 (highest) | 62 (highest) | 62 (highest) | 61 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 50 | 55 | 64 | 76 (highest) |
| Pricing power | 98 | 54 | 23 | 100 (highest) |
| Returns on capital | 97 (highest) | 82 | 77 | 61 |
| Balance-sheet safety | 24 | 53 | 82 (highest) | 45 |
| Capital allocation | 40 | 67 (highest) | 64 | 24 |
| 185% above value if growth stopped today | 25% below value if growth stopped today | 8% below value if growth stopped today | 33% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $29.7B | $224M | $19.2B | $6.3B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |