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.
AIRO · Consumer Discretionary · Shallow moat
Doesn't clear the bar
STRT · Consumer Discretionary · Shallow moat
Doesn't clear the bar
RMTG · Consumer Discretionary · Shallow moat
Doesn't clear the bar
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 | AIRO | TNL | STRT | RMTG |
|---|---|---|---|---|
| Moat Score (0–100) | 51 (highest) | 51 (highest) | 51 (highest) | 50 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 59 | 67 | 88 (highest) | 60 |
| Pricing power | 94 | 100 (highest) | 10 | 62 |
| Returns on capital | 0 | 45 (highest) | 22 | — |
| Balance-sheet safety | 55 | 1 | 73 (highest) | 55 |
| Capital allocation | 44 | 40 | 60 (highest) | 24 |
| No price data | 14% below value if growth stopped today (largest discount to value if growth stopped today) | 6% below value if growth stopped today | No price data | |
| Market cap | $166M | $4.0B | $241M | $524245 |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |