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.

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

CSX · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

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%.

LMB · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

CXT · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

HAYW · Industrials · Shallow moat

Shallow moat

Doesn't clear the bar

MeasureCSXLMBCXTHAYW
Moat Score (0–100)5556 (highest)5555
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend5294 (highest)5152
Pricing power—44077 (highest)
Returns on capital68 (highest)356221
Balance-sheet safety2385 (highest)6532
Capital allocation79605993 (highest)
122% above value if growth stopped today91% above value if growth stopped today20% above value if growth stopped today (largest discount to value if growth stopped today)28% above value if growth stopped today
Market cap$90.5B$566M$3.1B$2.6B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2025