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 | VNOV | CRCT | DPZ | AAON |
|---|---|---|---|---|
| Moat Score (0–100) | 73 (highest) | 73 (highest) | 73 (highest) | 72 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 87 | 73 | 95 (highest) | 75 |
| Pricing power | 71 (highest) | 47 | 60 | 41 |
| Returns on capital | 88 | 95 | 100 (highest) | 100 (highest) |
| Balance-sheet safety | 73 | 73 | 7 | 100 (highest) |
| Capital discipline | 44 | 76 | 100 (highest) | 46 |
| Price vs. high estimate | No price data | 39% above high estimate | 18% above high estimate (largest discount to high estimate) | 610% above high estimate |
| Market cap | — | $972.1M | $11.1B | $8.5B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |