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 | ITW | AME | CHRW | AGX |
|---|---|---|---|---|
| Moat Score (0–100) | 76 (highest) | 76 (highest) | 76 (highest) | 76 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 71 | 95 (highest) | 25 | 95 (highest) |
| Pricing power | 72 | 60 | 100 (highest) | 3 |
| Returns on capital | 100 (highest) | 54 | 100 (highest) | 96 |
| Balance-sheet safety | 61 | 89 | 86 | 100 (highest) |
| Capital allocation | 74 | 80 | 68 | 84 (highest) |
| 142% above value if growth stopped today (largest discount to value if growth stopped today) | 229% above value if growth stopped today | 197% above value if growth stopped today | 1640% above value if growth stopped today | |
| Market cap | $81.7B | $55.4B | $22.1B | $7.9B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |