The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | APD | JHX | DLX | TSEOQ |
|---|---|---|---|---|
| Moat Score (0–100) | 39 | 40 (highest) | 40 (highest) | 39 |
| Pricing power | 51 | 64 | 92 (highest) | 0 |
| Returns on capital | 55 | 70 | 16 | 88 (highest) |
| Balance-sheet safety | 0 | 0 | 3 (highest) | 0 |
| Capital discipline | 39 | 0 | 35 | 64 (highest) |
| Margin of safety | 162% above value | 218% above value | 32% below value (highest margin of safety) | No price data |
| Market cap | $65.8B | $15.0B | $1.2B | — |
| Moat tier | No moat | Shallow moat | No moat | No moat |
| Filings as of | FY2025 | FY2026 | FY2025 | FY2025 |