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.
GROV · Consumer Discretionary · 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%.
IQV · Consumer Discretionary · Shallow moat
Doesn't clear the bar
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 | TRN | GROV | MAT | IQV |
|---|---|---|---|---|
| Moat Score (0–100) | 48 (highest) | 48 (highest) | 48 (highest) | 48 (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 | 88 (highest) | 20 | 34 | 88 (highest) |
| Pricing power | 31 | 83 (highest) | 73 | — |
| Returns on capital | 24 | — | 40 (highest) | 2 |
| Balance-sheet safety | 40 | 55 (highest) | 41 | 2 |
| Capital allocation | 58 | 35 | 54 | 100 (highest) |
| No price data | No price data | Around the value if growth stopped today (largest discount to value if growth stopped today) | 73% above value if growth stopped today | |
| Market cap | Not reported | $45M | $4.3B | $35.3B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |