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.
| Measure | MLM | VAL | MUR | CHRD |
|---|---|---|---|---|
| Moat Score (0–100) | 50 | 51 (highest) | 50 | 50 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 76 | 85 (highest) | 33 | 50 |
| Pricing power | 37 | 0 | 100 (highest) | 97 |
| Returns on capital | 19 (highest) | 8 | 7 | 12 |
| Balance-sheet safety | 31 | 100 (highest) | 47 | 46 |
| Capital allocation | 87 (highest) | 60 | 64 | 44 |
| 135% above value if growth stopped today | 16% below value if growth stopped today (largest discount to value if growth stopped today) | 26% above value if growth stopped today | 11% below value if growth stopped today | |
| Market cap | $29.6B | $5.8B | $5.7B | $8.4B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |