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.
| Measure | CLIR | CMCO | QIND | WTER |
|---|---|---|---|---|
| Moat Score (0–100) | 33 (highest) | 33 (highest) | 33 (highest) | 33 (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 | 65 (highest) | 54 | 20 | 60 |
| Pricing power | 21 | 56 (highest) | 49 | 33 |
| Returns on capital | 0 | 3 | 18 (highest) | 0 |
| Balance-sheet safety | 55 (highest) | 28 | 55 (highest) | 28 |
| Capital allocation | 24 | 24 | 24 | 44 (highest) |
| No price data | 29% below value if growth stopped today | No price data | No price data | |
| Market cap | $18.6M | $463M | $1.2M | $390210 |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2026 | FY2025 | FY2023 |