Wide moats under $2 billion.

Wide tier (score 80–100) · market cap $2B or less

Moats are usually told as a mega-cap story, but the Index applies the same 0–100 method across its full published operating-company universe — and some of the highest scores belong to names most coverage skips. Coverage includes operating companies whose annual SEC filings provide enough comparable inputs for the relevant model; missing inputs remain unscored rather than guessed. This screen keeps the full Wide bar (composite 80 or higher across Business Trend, Pricing Power, Returns on Capital, Balance-Sheet Safety, and Capital Allocation) and adds one constraint: a market cap of $2 billion or less.

Small companies earn no handicap here — the score is computed from the same filings, the same way. But a shorter filing history and a narrower business mean a single product cycle can move these numbers more than it would move a giant’s, so the sub-scores behind each composite are worth more of your attention than the headline. Each row links to the full breakdown.

Open these filters in the interactive screener →

That link pre-sets the screener to: Wide tier only, market cap up to $2B.

Matches today
23
23
83
Screened from
3,096

10 Wide-moat companies have no market-cap figure in our data, so they can’t be placed on either side of this screen’s size cutoff and aren’t listed.

23 companies clear the screen

Ranked by Moat Score, highest first.

Watchlist#CompanyTicker
1IBEX LIMITEDIBEX$447M98.0Wide moat27% above value if growth stopped today
2M-tron Industries, Inc.MPTI$285M91.9Wide moat634% above value if growth stopped today
3IRADIMED CORPORATIONIRMD$1.2B90.6Wide moat532% above value if growth stopped today
4LEGACY EDUCATION INC.LGCY$146M90.0Wide moat157% above value if growth stopped today
5YELP INC.YELP$1.5B87.2Wide moat18% above value if growth stopped today
6CRA International, Inc.CRAI$1.1B85.9Wide moat93% above value if growth stopped today
7BUILD-A-BEAR WORKSHOP INCBBW$432M85.9Wide moat25% below value if growth stopped today
8RCM TECHNOLOGIES, INC.RCMT$203M84.8Wide moat10% above value if growth stopped today
9MIMEDX GROUP, INC.MDXG$622M83.9Wide moat32% above value if growth stopped today
10Table Trac INCTBTC$20.9M83.5Wide moat15% above value if growth stopped today
11TravelzooTZOO$110M83.4Wide moat18% above value if growth stopped today
12Electromed, Inc.ELMD$321M83.4Wide moat812% above value if growth stopped today
13Arhaus, Inc.ARHS$1.1B82.9Wide moat47% above value if growth stopped today
14SBC Medical Group Holdings IncorporatedSBC$314M82.7Wide moat41% below value if growth stopped today
15Energy Recovery, Inc.ERII$445M82.6Wide moat63% above value if growth stopped today
16PACIFIC HEALTH CARE ORGANIZATION, INC.PFHO$10.6M82.5Wide moat5% above value if growth stopped today
17INNOVIVA, INC.INVA$1.6B82.4Wide moat36% below value if growth stopped today
18NAPCO SECURITY TECHNOLOGIES, INCNSSC$1.3B81.9Wide moat323% above value if growth stopped today
19WINMARK CORPORATIONWINA$1.2B81.9Wide moat164% above value if growth stopped today
20Lifevantage CorpLFVN$81.2M81.7Wide moat51% above value if growth stopped today
21NATHAN’S FAMOUS, INC.NATH$402M80.7Wide moat77% above value if growth stopped today
22REVOLVE GROUP, INC.RVLV$1.8B80.7Wide moat176% above value if growth stopped today
23XPEL, INC.XPEL$1.2B80.5Wide moat110% above value if growth stopped today

Where these names sit

Consumer Discretionary (8) · Healthcare (7) · Technology (5) · Industrials (2) · Communications (1)

Each sector link opens that industry’s full moat ranking. All sectors: the sector hubs.