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.
COP · Energy · Narrow moat
On the watchlist
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
CVX · Energy · Narrow moat
On the watchlist
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | VVV | COP | CVX | VLO |
|---|---|---|---|---|
| Moat Score (0–100) | 60 | 75 (highest) | 63 | 42 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 65 (highest) | 62 | 39 | 54 |
| Pricing power | 63 | 83 (highest) | 67 | 0 |
| Returns on capital | 90 (highest) | — | — | 48 |
| Balance-sheet safety | 36 | 70 | 79 (highest) | 57 |
| Capital allocation | 48 | 82 (highest) | 69 | 49 |
| 14% below value if growth stopped today (largest discount to value if growth stopped today) | 56% above value if growth stopped today | 72% above value if growth stopped today | 243% above value if growth stopped today | |
| Market cap | $4.0B | $173.2B | $437.8B | $132.8B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |