The Moat Index

Compare moats, side by side.

Two to four companies, scored on the same four filters 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.

VIVK · Utilities · No moat

10/ 100
No moat

Doesn't clear the bar

CDZI · Utilities · No moat

15/ 100
No moat

Doesn't clear the bar

QRHC · Utilities · No moat

14/ 100
No moat

Doesn't clear the bar

SPRU · Utilities · No moat

13/ 100
No moat

Doesn't clear the bar

MeasureVIVKCDZIQRHCSPRU
Moat Score (0–100)1015 (highest)1413
Pricing power0141228 (highest)
Returns on capital0 (highest)0 (highest)0 (highest)0 (highest)
Balance-sheet safety28 (highest)28 (highest)28 (highest)0
Capital discipline24 (highest)24 (highest)24 (highest)24 (highest)
Margin of safetyNo price dataNo price data26% above valueNo price data
Market cap$4.5M$282.9M$28.3M$43.6M
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025