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.

VRRM · Industrials · Shallow moat

Shallow 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%.

RGR · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

ZWS · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MIDD · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureVRRMRGRZWSMIDD
Moat Score (0–100)46 (highest)46 (highest)46 (highest)46 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend74 (highest)474861
Pricing power276064 (highest)
Returns on capital890 (highest)2026
Balance-sheet safety222867 (highest)26
Capital discipline80 (highest)403450
Price vs. high estimate58% below high estimate (largest discount to high estimate)Around the high estimate494% above high estimateNo price data
Market cap$625.0M$608.9M$8.0B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025