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.
PANL · Industrials · Shallow moat
Doesn't clear the bar
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%.
NUE · Industrials · Shallow moat
On the watchlist
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 | PANL | RCL | SCSC | NUE |
|---|---|---|---|---|
| Moat Score (0–100) | 45 (highest) | 45 (highest) | 45 (highest) | 45 (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 | 29 | 85 (highest) | 43 | 19 |
| Pricing power | — | 45 (highest) | 25 | 0 |
| Returns on capital | 39 (highest) | 16 | 10 | — |
| Balance-sheet safety | 55 | 20 | 86 (highest) | 74 |
| Capital allocation | 57 | 60 | 61 | 86 (highest) |
| 70% above value if growth stopped today | 253% above value if growth stopped today | 7% above value if growth stopped today (largest discount to value if growth stopped today) | 13% above value if growth stopped today | |
| Market cap | $544M | $66.5B | $1.1B | $56.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |