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.
DQWS · Materials · Shallow 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%.
BTU · Materials · 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%.
| Measure | DQWS | DLX | ENTG | BTU |
|---|---|---|---|---|
| Moat Score (0–100) | 42 | 43 (highest) | 42 | 42 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 57 | 69 (highest) | 47 | 33 |
| Pricing power | 15 | 92 (highest) | 76 | — |
| Returns on capital | — | 16 | 41 | 56 (highest) |
| Balance-sheet safety | 55 (highest) | 3 | 1 | 55 (highest) |
| Capital allocation | 41 | 35 | 46 (highest) | 24 |
| 2498% above value if growth stopped today | 11% above value if growth stopped today (largest discount to value if growth stopped today) | 649% above value if growth stopped today | No price data | |
| Market cap | $6.4M | $1.2B | $19.6B | Not reported |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |