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.
OXY · Materials · 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%.
| Measure | TLF | ELF | OXY | NGVT |
|---|---|---|---|---|
| Moat Score (0–100) | 57 | 58 (highest) | 57 | 57 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 61 | 74 (highest) | 27 | 26 |
| Pricing power | 95 | 96 | 97 (highest) | 59 |
| Returns on capital | 4 | 20 | — | 100 (highest) |
| Balance-sheet safety | 55 (highest) | 51 | 36 | 36 |
| Capital allocation | 72 (highest) | 47 | 69 | 64 |
| 3% below value if growth stopped today | 394% above value if growth stopped today | 11% below value if growth stopped today (largest discount to value if growth stopped today) | 2979% above value if growth stopped today | |
| Market cap | $19.3M | $4.6B | $54.0B | $2.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2026 | FY2025 | FY2025 |