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.
KBH · Industrials · Narrow moat
Wonderful & reasonably priced
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 | CAT | VNOV | POOL | KBH |
|---|---|---|---|---|
| Moat Score (0–100) | 72 | 73 (highest) | 73 (highest) | 72 |
| 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 (highest) | 87 | 35 | 45 |
| Pricing power | 27 | 70 (highest) | 52 | — |
| Returns on capital | 72 | 63 | 100 (highest) | 66 |
| Balance-sheet safety | 73 | 100 (highest) | 76 | 78 |
| Capital allocation | 100 (highest) | 44 | 99 | 100 (highest) |
| 281% above value if growth stopped today | No price data | 6% above value if growth stopped today | 55% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $376.4B | Not reported | $6.1B | $3.0B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2026 | FY2025 | FY2025 |