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.
| Measure | TEX | AXON | GHM | IVFH |
|---|---|---|---|---|
| Moat Score (0–100) | 49 (highest) | 49 (highest) | 49 (highest) | 49 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 71 | 80 | 85 (highest) | 44 |
| Pricing power | 30 | 100 (highest) | 16 | 39 |
| Returns on capital | 85 (highest) | 7 | 8 | 37 |
| Balance-sheet safety | 29 | 0 | 96 | 100 (highest) |
| Capital allocation | 29 | 60 (highest) | 41 | 24 |
| 138% above value if growth stopped today (largest discount to value if growth stopped today) | 2368% above value if growth stopped today | 2173% above value if growth stopped today | No price data | |
| Market cap | $7.9B | $40.3B | $1.2B | $14.2M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |