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.
CC · Materials · No 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 | ALB | CC | KARX | FF |
|---|---|---|---|---|
| Moat Score (0–100) | 29 (highest) | 29 (highest) | 29 (highest) | 29 (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 | 55 (highest) | 31 | 50 | 10 |
| Pricing power | 29 (highest) | 22 | 16 | 0 |
| Returns on capital | 25 | — | 0 | 63 (highest) |
| Balance-sheet safety | 0 | 0 | 55 (highest) | 28 |
| Capital allocation | 35 | 64 (highest) | 24 | 43 |
| 884% above value if growth stopped today | 237% above value if growth stopped today | No price data | 12% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $13.5B | $2.6B | $16.4M | $204M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |