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.
EIX · Utilities · 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%.
EXC · Utilities · 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 | EIX | EXC | CTRI | CETY |
|---|---|---|---|---|
| Moat Score (0–100) | 33 | 35 (highest) | 34 | 33 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 66 (highest) | 46 | 57 | 28 |
| Pricing power | — | — | 24 | 39 (highest) |
| Returns on capital | 0 | 1 (highest) | 0 | 0 |
| Balance-sheet safety | 8 | 40 | 64 (highest) | 55 |
| Capital discipline | 60 (highest) | 52 | 24 | 44 |
| Price vs. high estimate | 38% above high estimate | 12% above high estimate (largest discount to high estimate) | No price data | No price data |
| Market cap | $29.7B | $47.0B | $2.7B | $8.7M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |