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.

VZ · Communications · Shallow moat

Shallow moat

Doesn't clear the bar

CALX · Communications · Shallow moat

Shallow moat

Doesn't clear the bar

CCOI · Communications · Shallow moat

Shallow moat

Doesn't clear the bar

GFMH · Communications · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureVZCALXCCOIGFMH
Moat Score (0–100)5051 (highest)5050
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend475055 (highest)29
Pricing power100 (highest)728170
Returns on capital40790 (highest)30
Balance-sheet safety21100 (highest)055
Capital discipline41242464 (highest)
Price vs. high estimateAround the high estimate (largest discount to high estimate)642% above high estimate191% above high estimateNo price data
Market cap$195.6B$2.4B$594M$486377
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025