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.
VTOL · Industrials · Shallow moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | IR | VTOL | TKR | BWEN |
|---|---|---|---|---|
| Moat Score (0–100) | 52 (highest) | 52 (highest) | 52 (highest) | 51 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 79 | 84 (highest) | 48 | 69 |
| Pricing power | 62 (highest) | — | 48 | 0 |
| Returns on capital | 4 | 10 | 30 (highest) | 7 |
| Balance-sheet safety | 32 | 32 | 34 | 100 (highest) |
| Capital allocation | 80 | 80 | 98 (highest) | 80 |
| 212% above value if growth stopped today | 126% above value if growth stopped today | 119% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | |
| Market cap | $33.0B | $1.3B | $9.8B | Not reported |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |