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 | LWLG | SWIM | NL | HL |
|---|---|---|---|---|
| Moat Score (0–100) | 37 (highest) | 37 (highest) | 37 (highest) | 37 (highest) |
| Pricing power | 70 (highest) | 49 | 52 | 11 |
| Returns on capital | 0 | 10 (highest) | 4 | 4 |
| Balance-sheet safety | 55 | 20 | 57 | 100 (highest) |
| Capital discipline | 24 | 76 (highest) | 43 | 60 |
| Margin of safety | No price data | 1096% above value | 24% below value (highest margin of safety) | No price data |
| Market cap | $909.9M | $687.8M | $288.3M | — |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |