The Moat Index · Top 100
The widest moats in the scored universe.
The Index is the Top 100 — ranked from 3,154 companies scored nightly from primary SEC filings, 0–100 on five investor questions. Higher means a more durable business. The method is fully public; the full universe is in the A–Z directory and the sector hubs.
Current score records: moat-index@3.0.0.
The map — moat vs. price
Dividers sit at Moat Score 80 (a Wide moat) and at 10% below conservative value — the same bars the methodology uses. The x-axis starts at 55 because this set is the top of the Index; the vertical scale is compressed beyond ±25% (every tick shows its true value), and anything priced more than 26× value sits on the "≤ −2500%" line — hover a dot (or open the table) for its exact reading. 4 companies have no recent price data and aren't plotted — the table view lists them.
The Top 100
| Watchlist | # | Company | Ticker | Sector | ||||
|---|---|---|---|---|---|---|---|---|
| 1 | FORTINET, INC. | FTNT | Technology | $116.2B | 100 | Wide moat | 811% above value if growth stopped today | |
| 2 | Meta Platforms, Inc. | META | Technology | $1.57T | 98 | Wide moat | 258% above value if growth stopped today | |
| 3 | Medpace Holdings, Inc. | MEDP | Consumer Discretionary | $16.8B | 98 | Wide moat | 435% above value if growth stopped today | |
| 4 | IBEX LIMITED | IBEX | Technology | $518M | 98 | Wide moat | 48% above value if growth stopped today | |
| 5 | MICROSOFT CORPORATION | MSFT | Technology | $3.71T | 97 | Wide moat | 279% above value if growth stopped today | |
| 6 | Alphabet Inc. | GOOG | Technology | $4.05T | 97 | Wide moat | 379% above value if growth stopped today | |
| 7 | lululemon athletica inc. | LULU | Consumer Discretionary | $11.2B | 96 | Wide moat | 35% below value if growth stopped today | |
| 8 | Abercrombie & Fitch Co. | ANF | Consumer Discretionary | Not reported | 96 | Wide moat | No price data | |
| 9 | IDEXX LABORATORIES INC /DE | IDXX | Healthcare | $42.7B | 96 | Wide moat | 354% above value if growth stopped today | |
| 10 | Texas Roadhouse, Inc. | TXRH | Consumer Discretionary | $12.5B | 96 | Wide moat | 259% above value if growth stopped today | |
| 11 | Federated Hermes, Inc. | FHI | Other | $4.7B | 96 | Wide moat | 46% above value if growth stopped today | |
| 12 | Qualys, Inc. | QLYS | Technology | $6.2B | 95 | Wide moat | 230% above value if growth stopped today | |
| 13 | F5, INC. | FFIV | Technology | $22.6B | 95 | Wide moat | 349% above value if growth stopped today | |
| 14 | ADOBE INC. | ADBE | Technology | $111.2B | 95 | Wide moat | 68% above value if growth stopped today | |
| 15 | ELI LILLY AND COMPANY | LLY | Healthcare | $1.08T | 94 | Wide moat | 1453% above value if growth stopped today | |
| 16 | Manhattan Associates, Inc. | MANH | Technology | $12.8B | 94 | Wide moat | 551% above value if growth stopped today | |
| 17 | Veeva Systems Inc. | VEEV | Technology | $45.1B | 94 | Wide moat | 672% above value if growth stopped today | |
| 18 | ResMed Inc. | RMD | Healthcare | $32.8B | 94 | Wide moat | 169% above value if growth stopped today | |
| 19 | GARMIN LTD | GRMN | Healthcare | $53.4B | 94 | Wide moat | 273% above value if growth stopped today | |
| 20 | PAYLOCITY HOLDING CORPORATION | PCTY | Technology | $8.1B | 94 | Wide moat | 177% above value if growth stopped today | |
| 21 | BRINKER INTERNATIONAL, INC. | EAT | Consumer Discretionary | $9.8B | 94 | Wide moat | 468% above value if growth stopped today | |
| 22 | UBIQUITI INC. | UI | Technology | $35.8B | 93 | Wide moat | 690% above value if growth stopped today | |
| 23 | Simpson Manufacturing Co., Inc. | SSD | Industrials | $7.4B | 93 | Wide moat | 101% above value if growth stopped today | |
| 24 | Monster Beverage Corp | MNST | Consumer Staples | $42.8B | 93 | Wide moat | 156% above value if growth stopped today | |
| 25 | Doximity, Inc. | DOCS | Technology | $4.9B | 93 | Wide moat | 177% above value if growth stopped today | |
| 26 | LAM RESEARCH CORPORATION | LRCX | Industrials | $378.7B | 93 | Wide moat | 640% above value if growth stopped today | |
| 27 | MOODY'S CORPORATION | MCO | Technology | $87.8B | 93 | Wide moat | 264% above value if growth stopped today | |
| 28 | COPART, INC. | CPRT | Consumer Discretionary | $32.7B | 92 | Wide moat | 138% above value if growth stopped today | |
| 29 | NetApp, Inc. | NTAP | Technology | $36.5B | 92 | Wide moat | 171% above value if growth stopped today | |
| 30 | NVIDIA CORP | NVDA | Technology | $5.6T | 92 | Wide moat | 1567% above value if growth stopped today | |
| 31 | CORCEPT THERAPEUTICS INC | CORT | Healthcare | $11.8B | 92 | Wide moat | 896% above value if growth stopped today | |
| 32 | Sprouts Farmers Market, Inc. | SFM | Consumer Discretionary | $7.8B | 92 | Wide moat | 161% above value if growth stopped today | |
| 33 | M-tron Industries, Inc. | MPTI | Technology | $255M | 92 | Wide moat | 557% above value if growth stopped today | |
| 34 | ULTA BEAUTY, INC. | ULTA | Consumer Discretionary | $25.0B | 92 | Wide moat | 88% above value if growth stopped today | |
| 35 | SHARKNINJA, INC. | SN | Industrials | $24.5B | 92 | Wide moat | 403% above value if growth stopped today | |
| 36 | ROLLINS, INC. | ROL | Technology | $17.4B | 92 | Wide moat | 211% above value if growth stopped today | |
| 37 | Cintas Corporation | CTAS | Consumer Discretionary | $80.2B | 91 | Wide moat | 350% above value if growth stopped today | |
| 38 | Paycom Software, Inc. | PAYC | Technology | $12.8B | 91 | Wide moat | 238% above value if growth stopped today | |
| 39 | IRADIMED CORPORATION | IRMD | Healthcare | $1.1B | 91 | Wide moat | 459% above value if growth stopped today | |
| 40 | INTUIT INC. | INTU | Technology | $93.1B | 90 | Wide moat | 197% above value if growth stopped today | |
| 41 | DECKERS OUTDOOR CORP | DECK | Materials | $11.9B | 90 | Wide moat | 42% above value if growth stopped today | |
| 42 | MORNINGSTAR, INC. | MORN | Other | $8.3B | 90 | Wide moat | 210% above value if growth stopped today | |
| 43 | JACK HENRY & ASSOCIATES, INC. | JKHY | Technology | $11.7B | 90 | Wide moat | 175% above value if growth stopped today | |
| 44 | Tapestry, Inc. | TPR | Materials | $24.6B | 90 | Wide moat | 137% above value if growth stopped today | |
| 45 | LEGACY EDUCATION INC. | LGCY | Consumer Discretionary | $134M | 90 | Wide moat | 136% above value if growth stopped today | |
| 46 | DELTA AIR LINES, INC. | DAL | Industrials | $52.2B | 90 | Wide moat | 36% above value if growth stopped today | |
| 47 | W.W. Grainger, Inc. | GWW | Industrials | $62.5B | 90 | Wide moat | 230% above value if growth stopped today | |
| 48 | Intuitive Surgical, Inc. | ISRG | Healthcare | $129.9B | 90 | Wide moat | 550% above value if growth stopped today | |
| 49 | Monolithic Power Systems, Inc. | MPWR | Technology | $58.5B | 90 | Wide moat | 1102% above value if growth stopped today | |
| 50 | GRAND CANYON EDUCATION, INC. | LOPE | Consumer Discretionary | $4.2B | 89 | Wide moat | 74% above value if growth stopped today | |
| 51 | Merck & Co., Inc. | MRK | Healthcare | $372.1B | 89 | Wide moat | 131% above value if growth stopped today | |
| 52 | LIFEVANTAGE CORP | LFVN | Healthcare | $77.5M | 89 | Wide moat | 44% above value if growth stopped today | |
| 53 | CHIPOTLE MEXICAN GRILL, INC. | CMG | Consumer Discretionary | $48.5B | 89 | Wide moat | 256% above value if growth stopped today | |
| 54 | FASTENAL CO | FAST | Consumer Discretionary | $56.9B | 89 | Wide moat | 345% above value if growth stopped today | |
| 55 | Booking Holdings Inc. | BKNG | Industrials | $6.1B | 89 | Wide moat | No price data | |
| 56 | O REILLY AUTOMOTIVE INC | ORLY | Consumer Discretionary | $73.9B | 89 | Wide moat | 183% above value if growth stopped today | |
| 57 | Zoetis Inc. | ZTS | Healthcare | $32.0B | 89 | Wide moat | 23% above value if growth stopped today | |
| 58 | GRACO INC. | GGG | Industrials | $12.9B | 89 | Wide moat | 138% above value if growth stopped today | |
| 59 | THE SHERWIN-WILLIAMS COMPANY | SHW | Consumer Discretionary | $82.4B | 89 | Wide moat | 211% above value if growth stopped today | |
| 60 | WD-40 COMPANY | WDFC | Materials | $2.8B | 89 | Wide moat | 259% above value if growth stopped today | |
| 61 | United Rentals, Inc. | URI | Technology | $63.4B | 89 | Wide moat | 135% above value if growth stopped today | |
| 62 | Mastercard Incorporated | MA | Technology | Not reported | 89 | Wide moat | No price data | |
| 63 | YETI Holdings, Inc. | YETI | Consumer Discretionary | $3.1B | 89 | Wide moat | 58% above value if growth stopped today | |
| 64 | The Trade Desk, Inc. | TTD | Technology | $7.1B | 88 | Wide moat | 202% above value if growth stopped today | |
| 65 | ALIGN TECHNOLOGY, INC. | ALGN | Healthcare | $11.3B | 88 | Wide moat | 127% above value if growth stopped today | |
| 66 | AUTODESK, INC. | ADSK | Technology | $46.3B | 88 | Wide moat | 311% above value if growth stopped today | |
| 67 | Ralph Lauren Corporation | RL | Consumer Discretionary | $21.9B | 88 | Wide moat | 177% above value if growth stopped today | |
| 68 | Arista Networks, Inc. | ANET | Technology | $240.8B | 87 | Wide moat | 921% above value if growth stopped today | |
| 69 | ARMSTRONG WORLD INDUSTRIES, INC. | AWI | Materials | $7.4B | 87 | Wide moat | 190% above value if growth stopped today | |
| 70 | YELP INC | YELP | Consumer Discretionary | $1.3B | 87 | Wide moat | 3% above value if growth stopped today | |
| 71 | FAIR ISAAC CORP | FICO | Technology | $22.3B | 87 | Wide moat | 357% above value if growth stopped today | |
| 72 | APPLIED MATERIALS INC /DE | AMAT | Technology | $358.7B | 87 | Wide moat | 371% above value if growth stopped today | |
| 73 | SPS COMMERCE, INC. | SPSC | Technology | $3.1B | 87 | Wide moat | 327% above value if growth stopped today | |
| 74 | Exelixis Inc | EXEL | Healthcare | $15.5B | 87 | Wide moat | 504% above value if growth stopped today | |
| 75 | EXPONENT, INC. | EXPO | Consumer Discretionary | $3.3B | 87 | Wide moat | 193% above value if growth stopped today | |
| 76 | PayPal Holdings, Inc. | PYPL | Technology | $50.5B | 87 | Wide moat | Around the value if growth stopped today | |
| 77 | INTERPARFUMS, INC. | IPAR | Materials | $3.7B | 87 | Wide moat | 104% above value if growth stopped today | |
| 78 | FACTSET RESEARCH SYSTEMS INC. | FDS | Technology | $11.4B | 87 | Wide moat | 100% above value if growth stopped today | |
| 79 | UNIVERSAL DISPLAY CORPORATION | OLED | Technology | $3.9B | 86 | Wide moat | 67% above value if growth stopped today | |
| 80 | MARKETAXESS HOLDINGS INC. | MKTX | Other | $4.2B | 86 | Wide moat | 19% above value if growth stopped today | |
| 81 | MAPLEBEAR INC. | CART | Technology | $12.5B | 86 | Wide moat | 156% above value if growth stopped today | |
| 82 | AUTOMATIC DATA PROCESSING, INC. | ADP | Technology | $111.2B | 86 | Wide moat | 167% above value if growth stopped today | |
| 83 | CRA International, Inc. | CRAI | Consumer Discretionary | $1.1B | 86 | Wide moat | 93% above value if growth stopped today | |
| 84 | BUILD-A-BEAR WORKSHOP INC | BBW | Consumer Discretionary | $379M | 86 | Wide moat | 34% below value if growth stopped today | |
| 85 | WEX Inc. | WEX | Technology | $6.7B | 86 | Wide moat | 51% above value if growth stopped today | |
| 86 | United Therapeutics Corporation | UTHR | Healthcare | $21.4B | 86 | Wide moat | 95% above value if growth stopped today | |
| 87 | Duolingo, Inc. | DUOL | Technology | Not reported | 86 | Wide moat | No price data | |
| 88 | WINGSTOP INC. | WING | Consumer Discretionary | $3.0B | 86 | Wide moat | 291% above value if growth stopped today | |
| 89 | BADGER METER, INC. | BMI | Healthcare | $4.9B | 85 | Wide moat | 345% above value if growth stopped today | |
| 90 | Payoneer Global Inc. | PAYO | Technology | $2.5B | 85 | Wide moat | 101% above value if growth stopped today | |
| 91 | MSCI INC. | MSCI | Technology | $41.9B | 85 | Wide moat | 240% above value if growth stopped today | |
| 92 | TRACTOR SUPPLY CO /DE/ | TSCO | Consumer Discretionary | $18.6B | 85 | Wide moat | 53% above value if growth stopped today | |
| 93 | Five Below, Inc. | FIVE | Consumer Discretionary | $14.1B | 85 | Wide moat | 354% above value if growth stopped today | |
| 94 | ALLISON TRANSMISSION HOLDINGS, INC. | ALSN | Consumer Discretionary | $10.9B | 85 | Wide moat | 57% above value if growth stopped today | |
| 95 | RCM TECHNOLOGIES, INC. | RCMT | Technology | $302M | 85 | Wide moat | 63% above value if growth stopped today | |
| 96 | BRADY CORP | BRC | Consumer Discretionary | $4.3B | 85 | Wide moat | 95% above value if growth stopped today | |
| 97 | CADENCE DESIGN SYSTEMS, INC. | CDNS | Technology | $79.3B | 85 | Wide moat | 558% above value if growth stopped today | |
| 98 | LENNOX INTERNATIONAL INC | LII | Industrials | $13.5B | 84 | Wide moat | 106% above value if growth stopped today | |
| 99 | Airbnb, Inc. | ABNB | Technology | $113.7B | 84 | Wide moat | 308% above value if growth stopped today | |
| 100 | COGNIZANT TECHNOLOGY SOLUTIONS CORPORATION | CTSH | Technology | $30.1B | 84 | Wide moat | 9% above value if growth stopped today |