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.
AIRT · Industrials · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | AIRT | JTAI | LTCH | MSN |
|---|---|---|---|---|
| Moat Score (0–100) | 28 | 29 (highest) | 29 (highest) | 28 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 90 (highest) | 35 | 63 | 17 |
| Pricing power | — | 0 | 0 | 4 (highest) |
| Returns on capital | 0 (highest) | 0 (highest) | 0 (highest) | 0 (highest) |
| Balance-sheet safety | 0 | 55 (highest) | 55 (highest) | 55 (highest) |
| Capital discipline | 24 | 53 | 24 | 64 (highest) |
| Price vs. high estimate | No price data | No price data | No price data | No price data |
| Market cap | $71.9M | $14.4M | $24.7M | $7.6M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2026 | FY2025 | FY2025 | FY2026 |