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 | DRS | AATC | GYRE | LGND |
|---|---|---|---|---|
| Moat Score (0–100) | 64 | 65 (highest) | 65 (highest) | 64 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 80 (highest) | 44 | 70 | 65 |
| Pricing power | 28 | 97 | 100 (highest) | 100 (highest) |
| Returns on capital | 33 | 55 (highest) | 9 | 20 |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 100 (highest) | 44 |
| Capital allocation | 80 | 27 | 44 | 91 (highest) |
| 287% above value if growth stopped today | 16% above value if growth stopped today (largest discount to value if growth stopped today) | 1119% above value if growth stopped today | 524% above value if growth stopped today | |
| Market cap | $9.4B | $30.4M | $584M | $5.9B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2021 | FY2025 | FY2025 |