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 | KRT | NYT | USLM | PG |
|---|---|---|---|---|
| Moat Score (0–100) | 79 | 82 (highest) | 79 | 79 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 85 | 91 | 100 (highest) | 71 |
| Pricing power | 49 | 73 | 23 | 84 (highest) |
| Returns on capital | 100 (highest) | 66 | 97 | 96 |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 100 (highest) | 85 |
| Capital allocation | 60 | 77 (highest) | 74 | 57 |
| 142% above value if growth stopped today | 237% above value if growth stopped today | 263% above value if growth stopped today | 120% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $1.1B | $11.1B | $3.0B | $363.9B |
| Moat tier | Narrow moat | Wide moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2026 |