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.
ENDI · Other · Wide moat
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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 | SEIC | ENDI | WT | HLI |
|---|---|---|---|---|
| Moat Score (0–100) | 79 | 83 (highest) | 81 | 76 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 84 | 50 | 95 (highest) | 56 |
| Pricing power | 53 | 100 (highest) | 100 (highest) | 46 |
| Returns on capital | 100 (highest) | — | 93 | 100 (highest) |
| Balance-sheet safety | 73 | 100 (highest) | 37 | 100 (highest) |
| Capital allocation | 84 (highest) | 80 | 81 | 80 |
| 100% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 261% above value if growth stopped today | No price data | |
| Market cap | $12.1B | Not reported | $2.7B | Not reported |
| Moat tier | Narrow moat | Wide moat | Wide moat | Narrow moat |
| Filing date | FY2025 | FY2023 | FY2025 | FY2026 |