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.
OXY · Materials · Shallow 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 | NGVT | OXY | TLF | CBT |
|---|---|---|---|---|
| Moat Score (0–100) | 57 (highest) | 57 (highest) | 57 (highest) | 57 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 26 | 27 | 61 (highest) | 56 |
| Pricing power | 59 | 97 (highest) | 95 | 37 |
| Returns on capital | 100 (highest) | — | 4 | 57 |
| Balance-sheet safety | 36 | 36 | 55 (highest) | 55 (highest) |
| Capital allocation | 64 | 69 | 72 | 79 (highest) |
| 2979% above value if growth stopped today | 11% below value if growth stopped today (largest discount to value if growth stopped today) | 3% below value if growth stopped today | 30% above value if growth stopped today | |
| Market cap | $2.6B | $54.0B | $19.3M | $4.8B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |