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 | PWR | GEV | ELSE | AXON |
|---|---|---|---|---|
| Moat Score (0–100) | 49 | 50 (highest) | 50 (highest) | 49 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 100 (highest) | 82 | 43 | 80 |
| Pricing power | 27 | 10 | 88 | 100 (highest) |
| Returns on capital | 12 (highest) | 9 | 0 | 7 |
| Balance-sheet safety | 35 | 100 (highest) | 100 (highest) | 0 |
| Capital allocation | 73 (highest) | 47 | 16 | 60 |
| 812% above value if growth stopped today | 2933% above value if growth stopped today | 633% above value if growth stopped today (largest discount to value if growth stopped today) | 2368% above value if growth stopped today | |
| Market cap | $93.6B | $273.5B | $26.9M | $40.3B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |