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.
ARCB · 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%.
ZWS · Industrials · Shallow moat
Doesn't clear the bar
CRTD · Industrials · Shallow 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%.
DE · Industrials · Shallow moat
Doesn't clear the bar
The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.
| Measure | ARCB | ZWS | CRTD | DE |
|---|---|---|---|---|
| Moat Score (0–100) | 53 (highest) | 53 (highest) | 53 (highest) | 53 (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 | 28 | 84 (highest) | 70 | 41 |
| Pricing power | — | 60 | 70 (highest) | 57 |
| Returns on capital | 32 (highest) | 20 | — | 31 |
| Balance-sheet safety | 62 | 67 (highest) | 28 | — |
| Capital allocation | 89 (highest) | 34 | 44 | 82 |
| 32% above value if growth stopped today (largest discount to value if growth stopped today) | 486% above value if growth stopped today | No price data | 101% above value if growth stopped today | |
| Market cap | $2.9B | $7.9B | $175M | $169.5B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2022 | FY2025 |