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.
| Measure | GEV | HDSN | NWPX | PWR |
|---|---|---|---|---|
| Moat Score (0–100) | 50 (highest) | 50 (highest) | 50 (highest) | 49 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 82 | 38 | 95 | 100 (highest) |
| Pricing power | 10 | 19 | 3 | 27 (highest) |
| Returns on capital | 9 | 38 (highest) | 10 | 12 |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 96 | 35 |
| Capital discipline | 47 | 55 | 44 | 73 (highest) |
| Price vs. high estimate | 2933% above high estimate | 30% below high estimate (largest discount to high estimate) | 121% above high estimate | 463% above high estimate |
| Market cap | $273.5B | $264M | $1.2B | $93.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |