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.
BOX · Technology · Narrow moat
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The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | CRDO | JBL | HFUS | BOX |
|---|---|---|---|---|
| Moat Score (0–100) | 71 (highest) | 71 (highest) | 71 (highest) | 71 (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 | 80 | 59 | 85 (highest) | 75 |
| Pricing power | 88 | 25 | 46 | 98 (highest) |
| Returns on capital | 7 | 79 | 83 (highest) | — |
| Balance-sheet safety | 100 (highest) | 93 | 100 (highest) | 60 |
| Capital allocation | 80 | 100 (highest) | 43 | 49 |
| No price data | 212% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 253% above value if growth stopped today | |
| Market cap | $31.5B | $29.9B | $50.1M | $5.6B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2026 |