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.
SLB · Materials · Narrow moat
On the watchlist
The balanceSheet component abstained: Insufficient leverage/coverage inputs to score the balance sheet. The other four 20% weights were renormalized over the scored 80%.
MGY · Materials · Narrow moat
On the watchlist
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | SMID | SLB | MGY | CSL |
|---|---|---|---|---|
| Moat Score (0–100) | 69 | 70 (highest) | 69 | 68 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 95 (highest) | 95 (highest) | 45 | 79 |
| Pricing power | 33 | 100 (highest) | — | 46 |
| Returns on capital | 80 | 20 | 88 (highest) | 54 |
| Balance-sheet safety | 73 | — | 98 (highest) | 62 |
| Capital allocation | 63 | 65 | 45 | 100 (highest) |
| 91% above value if growth stopped today | 63% above value if growth stopped today | 9% above value if growth stopped today (largest discount to value if growth stopped today) | 54% above value if growth stopped today | |
| Market cap | $161M | $78.4B | $4.7B | $13.8B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |