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.
PPG · Materials · Narrow moat
On the watchlist
The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.
RPM · Materials · Narrow 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 | PPG | SKY | HAL | RPM |
|---|---|---|---|---|
| Moat Score (0–100) | 72 (highest) | 72 (highest) | 72 (highest) | 71 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 50 | 51 | 70 | 84 (highest) |
| Pricing power | 68 | 20 | 100 (highest) | 64 |
| Returns on capital | 92 | 97 (highest) | 59 | — |
| Balance-sheet safety | — | 100 (highest) | 80 | 46 |
| Capital allocation | 79 | 93 (highest) | 51 | 89 |
| 70% above value if growth stopped today | 74% above value if growth stopped today | 60% above value if growth stopped today (largest discount to value if growth stopped today) | 95% above value if growth stopped today | |
| Market cap | $24.0B | $4.3B | $28.0B | $12.7B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2026 | FY2025 | FY2026 |