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.
SM · Materials · Narrow moat
On the watchlist
The capitalDiscipline component abstained: Not enough owner-earnings history to score capital discipline. The other four 20% weights were renormalized over the scored 80%.
CLX · Materials · Narrow moat
On the watchlist
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 | SM | CLX | CDE | CROX |
|---|---|---|---|---|
| Moat Score (0–100) | 60 | 61 (highest) | 61 (highest) | 60 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 75 (highest) | 56 | 70 | 60 |
| Pricing power | 86 (highest) | 70 | 65 | 84 |
| Returns on capital | 43 | — | 9 | 93 (highest) |
| Balance-sheet safety | 37 | 60 | 100 (highest) | 0 |
| Capital allocation | — | 57 | 60 | 64 (highest) |
| No price data | 105% above value if growth stopped today | No price data | 25% below value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $4.5B | $10.5B | $9.8B | $6.0B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |