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.
WERN · Industrials · No 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%.
IIIN · Industrials · No 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 | WERN | GDC | REZI | IIIN |
|---|---|---|---|---|
| Moat Score (0–100) | 38 | 39 (highest) | 39 (highest) | 38 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 33 | 20 | 48 (highest) | 35 |
| Pricing power | — | 70 (highest) | 47 | 0 |
| Returns on capital | 53 (highest) | 4 | 36 | — |
| Balance-sheet safety | 28 | 55 | 18 | 73 (highest) |
| Capital allocation | 40 | 44 | 44 | 46 (highest) |
| 103% above value if growth stopped today | No price data | 122% above value if growth stopped today | 12% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $2.5B | $97.4M | $5.2B | $635M |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |