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.

TRMB · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

IRWD · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

ONC · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

TMO · Healthcare · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureTRMBIRWDONCTMO
Moat Score (0–100)5455 (highest)5454
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend392080 (highest)52
Pricing power8699 (highest)9494
Returns on capital1091 (highest)423
Balance-sheet safety423069 (highest)25
Capital allocation92 (highest)332475
94% above value if growth stopped today (largest discount to value if growth stopped today)117% above value if growth stopped todayNo price data139% above value if growth stopped today
Market cap$12.5B$605M$469.6B$211.1B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025