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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

CLMT · Energy · No moat

14/ 100
No moat

Doesn't clear the bar

CVI · Energy · No moat

33/ 100
No moat

Doesn't clear the bar

PBF · Energy · No moat

32/ 100
No moat

Doesn't clear the bar

KWR · Energy · No moat

28/ 100
No moat

Doesn't clear the bar

MeasureCLMTCVIPBFKWR
Moat Score (0–100)1433 (highest)3228
Pricing power00060 (highest)
Returns on capital173960 (highest)16
Balance-sheet safety02628 (highest)0
Capital discipline4280 (highest)4126
Margin of safetyNo price dataNo price data108% above value74% above value (highest margin of safety)
Market cap$3.7B$5.3B$2.6B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025