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.
HWM · Industrials · Shallow 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 | ALH | STRL | ZBRA | HWM |
|---|---|---|---|---|
| Moat Score (0–100) | 59 (highest) | 59 (highest) | 59 (highest) | 59 (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 | 90 | 100 (highest) | 28 | 100 (highest) |
| Pricing power | 62 | 0 | 79 (highest) | — |
| Returns on capital | 100 (highest) | 72 | 44 | 25 |
| Balance-sheet safety | 28 | 100 (highest) | 63 | 65 |
| Capital allocation | 15 | 24 | 80 (highest) | 44 |
| 216% above value if growth stopped today (largest discount to value if growth stopped today) | 1216% above value if growth stopped today | No price data | 1178% above value if growth stopped today | |
| Market cap | $5.1B | $20.3B | Not reported | $116.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |