The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | NWL | EQT | SLSN | PURE |
|---|---|---|---|---|
| Moat Score (0–100) | 38 | 39 (highest) | 39 (highest) | 38 |
| Pricing power | 55 | 74 | 33 | 93 (highest) |
| Returns on capital | 4 | 7 | 14 (highest) | 0 |
| Balance-sheet safety | 40 | 50 | 100 (highest) | 28 |
| Capital discipline | 64 (highest) | 24 | 24 | 24 |
| Margin of safety | No price data | 60% above value (highest margin of safety) | 175% above value | No price data |
| Market cap | $2.2B | $30.9B | $54.7M | $7.2M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |