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.
| Measure | ONC | JRSS | IRWD | TRMB |
|---|---|---|---|---|
| Moat Score (0–100) | 54 | 55 (highest) | 55 (highest) | 54 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 80 (highest) | 30 | 20 | 39 |
| Pricing power | 94 | 70 | 99 (highest) | 86 |
| Returns on capital | 4 | 96 (highest) | 91 | 10 |
| Balance-sheet safety | 69 (highest) | 55 | 30 | 42 |
| Capital allocation | 24 | 24 | 33 | 92 (highest) |
| No price data | 85% below value if growth stopped today (largest discount to value if growth stopped today) | 117% above value if growth stopped today | 94% above value if growth stopped today | |
| Market cap | $469.6B | $1.5M | $605M | $12.5B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2023 | FY2025 | FY2025 |