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 | BWEN | RELL | AZZ | XPO |
|---|---|---|---|---|
| Moat Score (0–100) | 38 | 39 (highest) | 38 | 38 |
| Pricing power | 0 | 56 (highest) | 36 | 48 |
| Returns on capital | 7 | 7 | 22 (highest) | 18 |
| Balance-sheet safety | 100 (highest) | 55 | 43 | 21 |
| Capital discipline | 80 (highest) | 44 | 60 | 69 |
| Margin of safety | No price data | No price data | 141% above value (highest margin of safety) | 485% above value |
| Market cap | — | — | $4.4B | $25.2B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |