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.
NSC · Industrials · Narrow moat
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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%.
| Measure | PRIM | NSC | XYL | DOV |
|---|---|---|---|---|
| Moat Score (0–100) | 67 | 68 (highest) | 67 | 67 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 95 (highest) | 62 | 95 (highest) | 57 |
| Pricing power | 27 | — | 66 (highest) | 64 |
| Returns on capital | 43 | 93 (highest) | 19 | 58 |
| Balance-sheet safety | 100 (highest) | 36 | 96 | 68 |
| Capital discipline | 70 | 80 | 60 | 86 (highest) |
| Price vs. high estimate | 89% above high estimate | 52% above high estimate | 109% above high estimate | 22% above high estimate (largest discount to high estimate) |
| Market cap | $4.7B | $78.7B | $29.2B | $27.3B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |