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.
LUV · 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 | LUV | SXI | SWBI | INVX |
|---|---|---|---|---|
| Moat Score (0–100) | 48 (highest) | 48 (highest) | 48 (highest) | 48 (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 | 60 | 80 (highest) | 20 | 80 (highest) |
| Pricing power | — | 61 (highest) | 38 | 22 |
| Returns on capital | 45 (highest) | 31 | 41 | 4 |
| Balance-sheet safety | 45 | 12 | 100 (highest) | 100 (highest) |
| Capital discipline | 40 | 56 (highest) | 40 | 31 |
| Price vs. high estimate | 329% above high estimate | 201% above high estimate | 59% above high estimate (largest discount to high estimate) | 126% above high estimate |
| Market cap | $22.1B | $3.6B | $653M | $1.9B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2026 | FY2025 |