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.
CZR · Consumer Discretionary · No 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%.
RTON · Consumer Discretionary · No moat
Doesn't clear the bar
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%.
NXB · Consumer Discretionary · No moat
Doesn't clear the bar
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 | CZR | RTON | NXB | HAS |
|---|---|---|---|---|
| Moat Score (0–100) | 39 (highest) | 39 (highest) | 39 (highest) | 39 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 59 (highest) | 58 | 50 | 37 |
| Pricing power | — | 30 | 27 | 95 (highest) |
| Returns on capital | 13 | — | — | 38 (highest) |
| Balance-sheet safety | 9 | 28 | 55 (highest) | 0 |
| Capital discipline | 75 (highest) | 42 | 24 | 24 |
| Price vs. high estimate | No price data | No price data | No price data | 236% above high estimate |
| Market cap | $6.0B | — | $48.3M | $11.5B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2023 | FY2025 | FY2025 |