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.
STEK · Industrials · Shallow moat
Doesn't clear the bar
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%.
FLOC · Industrials · Shallow moat
Doesn't clear the bar
The businessTrend component abstained: Only one aligned fiscal year of revenue and diluted EPS is available; a trend needs at least two observations. The other four 20% weights were renormalized over the scored 80%.
| Measure | STEK | IR | CAH | FLOC |
|---|---|---|---|---|
| Moat Score (0–100) | 50 | 51 (highest) | 50 | 50 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 32 | 75 (highest) | 68 | — |
| Pricing power | 98 (highest) | 62 | 13 | 0 |
| Returns on capital | — | 4 | 54 | 100 (highest) |
| Balance-sheet safety | 28 | 32 | 56 | 62 (highest) |
| Capital discipline | 44 | 80 (highest) | 62 | 39 |
| Price vs. high estimate | No price data | 197% above high estimate | 388% above high estimate | 176% above high estimate (largest discount to high estimate) |
| Market cap | $42598 | $31.4B | $53.9B | $1.8B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |