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.
UNP · Industrials · Narrow moat
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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 | NDSN | UNP | HWKN | PLPC |
|---|---|---|---|---|
| Moat Score (0–100) | 65 | 66 (highest) | 66 (highest) | 65 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 73 | 70 | 98 (highest) | 63 |
| Pricing power | 92 (highest) | — | 28 | 56 |
| Returns on capital | 61 | 81 (highest) | 42 | 28 |
| Balance-sheet safety | 34 | 35 | 81 | 100 (highest) |
| Capital allocation | 66 | 79 | 80 (highest) | 80 (highest) |
| 223% above value if growth stopped today | 127% above value if growth stopped today (largest discount to value if growth stopped today) | 225% above value if growth stopped today | 283% above value if growth stopped today | |
| Market cap | $18.4B | $169.9B | $2.7B | $1.8B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |