The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | DLX | FLXS | JHX | APD |
|---|---|---|---|---|
| Moat Score (0–100) | 40 (highest) | 40 (highest) | 40 (highest) | 39 |
| Pricing power | 92 (highest) | 21 | 64 | 51 |
| Returns on capital | 16 | 27 | 70 (highest) | 55 |
| Balance-sheet safety | 3 | 73 (highest) | 0 | 0 |
| Capital discipline | 35 | 58 (highest) | 0 | 39 |
| Margin of safety | 32% below value (highest margin of safety) | 249% above value | 218% above value | 162% above value |
| Market cap | $1.2B | $387.3M | $15.0B | $65.8B |
| Moat tier | No moat | Shallow moat | Shallow moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |