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.
| Measure | VREOF | AMRN | ADMA | AERG |
|---|---|---|---|---|
| Moat Score (0–100) | 34 (highest) | 34 (highest) | 34 (highest) | 34 (highest) |
| Pricing power | 61 | 80 (highest) | 0 | 61 |
| Returns on capital | 0 | 0 | 18 (highest) | 0 |
| Balance-sheet safety | 55 | 28 | 100 (highest) | 55 |
| Capital discipline | 24 | 24 | 44 (highest) | 24 |
| Margin of safety | No price data | No price data | No price data | No price data |
| Market cap | $7.2B | $5.8B | $2.1B | $273.2M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |