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.
LAZ · Other · 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%.
COHN · Other · 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%.
SAMG · Other · Shallow moat
On the watchlist
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 | LAZ | COHN | RILY | SAMG |
|---|---|---|---|---|
| Moat Score (0–100) | 53 (highest) | 53 (highest) | 53 (highest) | 53 (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 | 24 | 60 (highest) | 15 | 33 |
| Pricing power | — | — | 94 | — |
| Returns on capital | 97 | 38 | 96 | 100 (highest) |
| Balance-sheet safety | 51 | 55 | 0 | 73 (highest) |
| Capital allocation | 40 | 60 (highest) | 60 (highest) | 5 |
| 59% above value if growth stopped today | No price data | No price data | 34% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $5.0B | $28.7M | $211M | $87.5M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |