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.
DOW · Materials · 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%.
MDU · Materials · 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%.
| Measure | DOW | CMP | LXU | MDU |
|---|---|---|---|---|
| Moat Score (0–100) | 17 | 18 (highest) | 17 | 17 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 15 | 44 | 50 (highest) | 25 |
| Pricing power | 1 | 21 (highest) | 0 | — |
| Returns on capital | — | 0 | 4 | 5 (highest) |
| Balance-sheet safety | 0 | 0 | 12 (highest) | 2 |
| Capital discipline | 51 (highest) | 24 | 20 | 35 |
| Price vs. high estimate | 60% above high estimate | No price data | No price data | 6% above high estimate (largest discount to high estimate) |
| Market cap | $21.4B | $1.2B | Not reported | $4.3B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |