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.
AVY · 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%.
| Measure | FCX | AVY | GPOR | CAL |
|---|---|---|---|---|
| Moat Score (0–100) | 58 | 59 (highest) | 59 (highest) | 58 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 56 (highest) | 52 | 55 | 35 |
| Pricing power | 19 | 49 | 86 (highest) | 44 |
| Returns on capital | 82 (highest) | — | 31 | 49 |
| Balance-sheet safety | 91 | 35 | 66 | 100 (highest) |
| Capital discipline | 44 | 97 (highest) | 55 | 64 |
| Price vs. high estimate | No price data | 11% below high estimate | 42% below high estimate | 79% below high estimate (largest discount to high estimate) |
| Market cap | Not reported | $12.4B | $3.0B | $399M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2026 |