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.
| Measure | AIT | ECG | MLI | CHRW |
|---|---|---|---|---|
| Moat Score (0–100) | 76 (highest) | 76 (highest) | 76 (highest) | 76 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 98 | 100 (highest) | 75 | 25 |
| Pricing power | 22 | 25 | 24 | 100 (highest) |
| Returns on capital | 78 | 100 (highest) | 100 (highest) | 100 (highest) |
| Balance-sheet safety | 95 | 76 | 100 (highest) | 86 |
| Capital discipline | 86 (highest) | 80 | 80 | 68 |
| Price vs. high estimate | 96% above high estimate | 325% above high estimate | 35% below high estimate (largest discount to high estimate) | 196% above high estimate |
| Market cap | $13.1B | $6.6B | $7.1B | $22.1B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |