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.
| Measure | DCI | LECO | XPEL | TOL |
|---|---|---|---|---|
| Moat Score (0–100) | 80 | 81 (highest) | 81 (highest) | 80 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 83 | 89 | 95 (highest) | 86 |
| Pricing power | 60 (highest) | 59 | 55 | 33 |
| Returns on capital | 100 (highest) | 100 (highest) | 100 (highest) | 81 |
| Balance-sheet safety | 72 | 64 | 73 | 100 (highest) |
| Capital allocation | 87 | 94 | 80 | 100 (highest) |
| 136% above value if growth stopped today | 169% above value if growth stopped today | 118% above value if growth stopped today | 15% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $10.2B | $14.3B | $1.2B | $12.7B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |