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.

USFD · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

RLGT · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

GTES · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

NTIC · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureUSFDRLGTGTESNTIC
Moat Score (0–100)4246 (highest)4242
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend95 (highest)204860
Pricing power324265 (highest)54
Returns on capital1128 (highest)1720
Balance-sheet safety1749 (highest)3033
Capital allocation5689 (highest)5144
214% above value if growth stopped today79% above value if growth stopped today58% above value if growth stopped today19% above value if growth stopped today (largest discount to value if growth stopped today)
Market cap$20.6B$409M$6.8B$71.5M
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2026FY2025FY2025