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.
MDU · Materials · No 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%.
DOW · Materials · No moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | MDU | LXU | DOW | OLN |
|---|---|---|---|---|
| Moat Score (0–100) | 17 (highest) | 17 (highest) | 17 (highest) | 16 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 25 | 50 (highest) | 15 | 20 |
| Pricing power | — | 0 | 1 (highest) | 0 |
| Returns on capital | 5 | 4 | — | 11 (highest) |
| Balance-sheet safety | 2 | 12 (highest) | 0 | 0 |
| Capital allocation | 35 | 20 | 51 (highest) | 48 |
| 2% below value if growth stopped today | No price data | 60% above value if growth stopped today | 76% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $4.0B | Not reported | $21.4B | $2.0B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |