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 | EML | XPO | GHM | INVX |
|---|---|---|---|---|
| Moat Score (0–100) | 38 (highest) | 38 (highest) | 38 (highest) | 37 |
| Pricing power | 41 | 48 (highest) | 16 | 22 |
| Returns on capital | 26 (highest) | 18 | 8 | 13 |
| Balance-sheet safety | 39 | 21 | 96 | 100 (highest) |
| Capital discipline | 49 | 69 (highest) | 58 | 31 |
| Margin of safety | 32% above value (highest margin of safety) | 485% above value | 2258% above value | 117% above value |
| Market cap | $154.2M | $25.2B | $1.2B | $1.8B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |