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.
SLGN · Industrials · Shallow moat
Doesn't clear the bar
The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.
GOLD · Industrials · Shallow moat
On the watchlist
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 | FWRD | SLGN | GOLD | XPO |
|---|---|---|---|---|
| Moat Score (0–100) | 40 | 41 (highest) | 40 | 40 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 55 (highest) | 48 | 54 | 51 |
| Pricing power | 85 (highest) | 28 | 0 | 48 |
| Returns on capital | 50 (highest) | 21 | — | 11 |
| Balance-sheet safety | 0 | — | 28 (highest) | 21 |
| Capital allocation | 12 | 65 | 80 (highest) | 69 |
| 59% below value if growth stopped today (largest discount to value if growth stopped today) | 22% above value if growth stopped today | 44% below value if growth stopped today | 480% above value if growth stopped today | |
| Market cap | $478M | $4.9B | $970M | $24.9B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |