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.
NSC · Industrials · Narrow 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%.
LSTR · Industrials · Narrow 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%.
| Measure | NSC | GIC | LSTR | XYL |
|---|---|---|---|---|
| Moat Score (0–100) | 68 (highest) | 68 (highest) | 68 (highest) | 67 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 62 | 48 | 15 | 95 (highest) |
| Pricing power | — | 60 | — | 66 (highest) |
| Returns on capital | 93 | 96 | 100 (highest) | 19 |
| Balance-sheet safety | 36 | 100 (highest) | 100 (highest) | 96 |
| Capital discipline | 80 (highest) | 37 | 58 | 60 |
| Price vs. high estimate | 52% above high estimate | 30% above high estimate (largest discount to high estimate) | 107% above high estimate | 109% above high estimate |
| Market cap | $78.7B | $1.3B | $6.8B | $29.2B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |