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.
WHD · Industrials · Narrow moat
On the watchlist
The businessTrend component abstained: Fewer than two aligned fiscal years of revenue and diluted EPS are available; the filing history does not contain a measurable trend. The other four 20% weights were renormalized over the scored 80%.
SAIA · Industrials · Narrow moat
On the watchlist
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 | CMI | WHD | CW | SAIA |
|---|---|---|---|---|
| Moat Score (0–100) | 76 | 77 (highest) | 77 (highest) | 76 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 85 | — | 98 (highest) | 73 |
| Pricing power | 45 | 63 | 64 (highest) | — |
| Returns on capital | 96 | 100 (highest) | 57 | 66 |
| Balance-sheet safety | 69 | 100 (highest) | 76 | 97 |
| Capital allocation | 87 | 44 | 90 (highest) | 70 |
| 203% above value if growth stopped today | No price data | 291% above value if growth stopped today | 131% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $73.6B | Not reported | $18.5B | $9.1B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |