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.
XAGE · Materials · 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%.
AR · Materials · 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 | XAGE | AR | ATR | CHRD |
|---|---|---|---|---|
| Moat Score (0–100) | 53 (highest) | 53 (highest) | 53 (highest) | 53 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 70 | 72 (highest) | 72 (highest) | 65 |
| Pricing power | 71 | — | 52 | 97 (highest) |
| Returns on capital | — | 4 | 32 (highest) | 12 |
| Balance-sheet safety | 28 | 90 (highest) | 55 | 46 |
| Capital discipline | 44 | 48 | 54 (highest) | 44 |
| Price vs. high estimate | No price data | 210% above high estimate | 63% above high estimate | 22% below high estimate (largest discount to high estimate) |
| Market cap | $400891 | $10.3B | $8.4B | $7.3B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |