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 | RSG | KMI | WM |
|---|---|---|---|
| Moat Score (0–100) | 76 (highest) | 71 | 70 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 100 (highest) | 67 | 98 |
| Pricing power | 68 | 88 (highest) | 66 |
| Returns on capital | 84 (highest) | 22 | 42 |
| Balance-sheet safety | 37 | 100 (highest) | 56 |
| Capital allocation | 94 (highest) | 80 | 88 |
| 248% above value if growth stopped today | 149% above value if growth stopped today (largest discount to value if growth stopped today) | 276% above value if growth stopped today | |
| Market cap | $67.0B | $73.1B | $96.2B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 |