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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

RENX · Utilities · No moat

20/ 100
No moat

Doesn't clear the bar

ORA · Utilities · No moat

23/ 100
No moat

Doesn't clear the bar

SWX · Utilities · No moat

23/ 100
No moat

Doesn't clear the bar

CTRI · Utilities · No moat

20/ 100
No moat

Doesn't clear the bar

MeasureRENXORASWXCTRI
Moat Score (0–100)2023 (highest)23 (highest)20
Pricing power954 (highest)024
Returns on capital002 (highest)0
Balance-sheet safety28050 (highest)40
Capital discipline60 (highest)3160 (highest)24
Margin of safetyNo price data184% above value86% above value (highest margin of safety)No price data
Market cap$1.9M$6.3B$6.6B$2.8B
Moat tierNo moatNo moatNo moatNo moat
Filings as ofFY2025FY2025FY2025FY2025