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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

NX · Industrials · No moat

29/ 100
No moat

Doesn't clear the bar

DSGR · Industrials · No moat

29/ 100
No moat

Doesn't clear the bar

RNGE · Industrials · No moat

29/ 100
No moat

Doesn't clear the bar

ATI · Industrials · No moat

29/ 100
No moat

Doesn't clear the bar

MeasureNXDSGRRNGEATI
Moat Score (0–100)29 (highest)29 (highest)29 (highest)29 (highest)
Pricing power3746 (highest)241
Returns on capital2411650 (highest)
Balance-sheet safety28055 (highest)42
Capital discipline2460 (highest)4424
Margin of safetyAround fair value (highest margin of safety)100% above valueNo price data282% above value
Market cap$829.9M$1.6B$74.0M$25.3B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025
NX vs DSGR vs RNGE vs ATI — Moat Score Comparison · Buy Like Buffett