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.
DAL · Industrials · Wide moat
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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 | SN | SSD | LRCX | DAL |
|---|---|---|---|---|
| Moat Score (0–100) | 92 | 93 (highest) | 92 | 90 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 100 (highest) | 90 | 82 | 95 |
| Pricing power | 80 (highest) | 77 | 78 | — |
| Returns on capital | 100 (highest) | 97 | 100 (highest) | 100 (highest) |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 100 (highest) | 100 (highest) |
| Capital discipline | 79 | 100 (highest) | 100 (highest) | 65 |
| Price vs. high estimate | 330% above high estimate | 33% above high estimate (largest discount to high estimate) | 377% above high estimate | 45% above high estimate |
| Market cap | $21.0B | $8.0B | $387.2B | $55.6B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |