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 | PEG | NI | LNT | DUK |
|---|---|---|---|---|
| Moat Score (0–100) | 41 | 42 (highest) | 41 | 41 |
| Pricing power | 100 (highest) | 100 (highest) | 100 (highest) | 100 (highest) |
| Returns on capital | 3 (highest) | 0 | 3 (highest) | 0 |
| Balance-sheet safety | 2 (highest) | 2 (highest) | 0 | 1 |
| Capital discipline | 47 | 60 (highest) | 48 | 52 |
| Margin of safety | No price data | 61% above value | 55% above value | 38% above value (highest margin of safety) |
| Market cap | $39.2B | $22.0B | $19.2B | $97.3B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |