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.
LYV · Communications · 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%.
NXST · Communications · 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%.
DIS · Communications · 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 | LYV | SIRI | NXST | DIS |
|---|---|---|---|---|
| Moat Score (0–100) | 53 (highest) | 53 (highest) | 53 (highest) | 52 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 59 | 78 (highest) | 74 | 69 |
| Pricing power | — | 62 | — | — |
| Returns on capital | 40 | 82 (highest) | 16 | 20 |
| Balance-sheet safety | 52 | 3 | 40 | 78 (highest) |
| Capital discipline | 60 | 40 | 81 (highest) | 41 |
| Price vs. high estimate | 673% above high estimate | 15% above high estimate | 53% below high estimate (largest discount to high estimate) | 367% above high estimate |
| Market cap | $42.6B | $10.3B | $5.6B | $183.2B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |