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.

WMS · Materials · Narrow moat

Narrow moat

On the watchlist

VMC · Materials · Narrow moat

Narrow moat

On the watchlist

CRH · Materials · Narrow moat

Narrow moat

On the watchlist

PMTS · Materials · Narrow moat

Narrow moat

Wonderful & reasonably priced

MeasureWMSVMCCRHPMTS
Moat Score (0–100)6364 (highest)6362
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend7094 (highest)8855
Pricing power314259 (highest)54
Returns on capital75644482 (highest)
Balance-sheet safety77 (highest)394253
Capital allocation6082 (highest)82 (highest)67
106% above value if growth stopped today252% above value if growth stopped today82% above value if growth stopped today25% below value if growth stopped today (largest discount to value if growth stopped today)
Market cap$10.3B$36.5B$70.6B$224M
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2026FY2025FY2025FY2025