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.
OTTR · Utilities · Shallow moat
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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 | WCN | GNE | ATO | OTTR |
|---|---|---|---|---|
| Moat Score (0–100) | 55 | 61 (highest) | 55 | 55 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 90 | 57 | 97 (highest) | 74 |
| Pricing power | 71 | 27 | 94 (highest) | — |
| Returns on capital | 6 | 90 (highest) | 4 | 31 |
| Balance-sheet safety | 22 | 100 (highest) | 20 | 47 |
| Capital allocation | 85 (highest) | 32 | 60 | 67 |
| 364% above value if growth stopped today | 12% above value if growth stopped today (largest discount to value if growth stopped today) | 175% above value if growth stopped today | 20% above value if growth stopped today | |
| Market cap | $42.9B | $442M | $27.0B | $3.8B |
| Moat tier | Shallow moat | Narrow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |