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.
MKTX · Other · Wide moat
On the watchlist
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%.
ENDI · Other · Wide moat
On the watchlist
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 | WT | MKTX | ENDI | SEIC |
|---|---|---|---|---|
| Moat Score (0–100) | 81 | 86 (highest) | 83 | 79 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 95 (highest) | 64 | 50 | 84 |
| Pricing power | 100 (highest) | — | 100 (highest) | 53 |
| Returns on capital | 93 | 100 (highest) | — | 100 (highest) |
| Balance-sheet safety | 37 | 100 (highest) | 100 (highest) | 73 |
| Capital allocation | 81 | 81 | 80 | 84 (highest) |
| 261% above value if growth stopped today | 19% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | 100% above value if growth stopped today | |
| Market cap | $2.7B | $4.2B | Not reported | $12.1B |
| Moat tier | Wide moat | Wide moat | Wide moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2023 | FY2025 |