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 | J | CRS | AMRC | ALTG |
|---|---|---|---|---|
| Moat Score (0–100) | 31 | 32 (highest) | 32 (highest) | 31 |
| Pricing power | 26 | 1 | 26 | 47 (highest) |
| Returns on capital | 11 | 14 (highest) | 13 | 9 |
| Balance-sheet safety | 50 | 69 (highest) | 40 | 13 |
| Capital discipline | 51 | 67 (highest) | 60 | 60 |
| Margin of safety | 119% above value | 2274% above value | 44% below value | 72% below value (highest margin of safety) |
| Market cap | $15.7B | $27.7B | $1.2B | $205.1M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2024 | FY2025 |