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 | HNI | SXT | SLSN | REI |
|---|---|---|---|---|
| Moat Score (0–100) | 44 | 45 (highest) | 44 | 44 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 54 | 69 (highest) | 55 | 50 |
| Pricing power | 61 | 58 | 33 | 87 (highest) |
| Returns on capital | 46 (highest) | 16 | 11 | 13 |
| Balance-sheet safety | 40 | 33 | 100 (highest) | 28 |
| Capital allocation | 21 | 48 (highest) | 24 | 44 |
| 186% above value if growth stopped today | 286% above value if growth stopped today | 234% above value if growth stopped today | 65% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $3.0B | $5.4B | $66.4M | $264M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |