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 | GRC | FTI | HDSN | SPXC |
|---|---|---|---|---|
| Moat Score (0–100) | 48 (highest) | 48 (highest) | 48 (highest) | 48 (highest) |
| Pricing power | 41 | 6 | 19 | 45 (highest) |
| Returns on capital | 58 (highest) | 25 | 38 | 55 |
| Balance-sheet safety | 30 | 94 | 100 (highest) | 64 |
| Capital discipline | 62 | 100 (highest) | 55 | 24 |
| Margin of safety | 174% above value | 668% above value | 31% below value (highest margin of safety) | 274% above value |
| Market cap | $2.1B | $28.9B | $257.0M | $10.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |