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 | FLR | SCWO | FRD | CHSCP |
|---|---|---|---|---|
| Moat Score (0–100) | 21 (highest) | 21 (highest) | 21 (highest) | 21 (highest) |
| Pricing power | 0 | 0 | 0 | 7 (highest) |
| Returns on capital | 16 | 4 | 22 (highest) | 7 |
| Balance-sheet safety | 55 (highest) | 55 (highest) | 28 | 27 |
| Capital discipline | 26 | 44 | 43 | 56 (highest) |
| Margin of safety | 383% above value | No price data | 218% above value (highest margin of safety) | No price data |
| Market cap | $7.5B | $35.8M | $240.7M | — |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |