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.

UHS · Healthcare · Narrow moat

Narrow moat

Wonderful & reasonably priced

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%.

PRVA · Healthcare · 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%.

FTLF · Healthcare · Narrow moat

Narrow moat

On the watchlist

MDNC · Healthcare · Narrow moat

Narrow moat

On the watchlist

The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.

MeasureUHSPRVAFTLFMDNC
Moat Score (0–100)6667 (highest)6665
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend92 (highest)8055
Pricing power6284 (highest)
Returns on capital252696100 (highest)
Balance-sheet safety58100 (highest)3654
Capital allocation88 (highest)608024
9% below value if growth stopped today (largest discount to value if growth stopped today)1872% above value if growth stopped today60% above value if growth stopped todayNo price data
Market cap$10.0B$3.2B$96.3MNot reported
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2025FY2026