The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | XPO | AZZ | BWEN | GHM |
|---|---|---|---|---|
| Moat Score (0–100) | 38 (highest) | 38 (highest) | 38 (highest) | 38 (highest) |
| Pricing power | 48 (highest) | 36 | 0 | 16 |
| Returns on capital | 18 | 22 (highest) | 7 | 8 |
| Balance-sheet safety | 21 | 43 | 100 (highest) | 96 |
| Capital discipline | 69 | 60 | 80 (highest) | 58 |
| Margin of safety | 485% above value | 141% above value (highest margin of safety) | No price data | 2258% above value |
| Market cap | $25.2B | $4.4B | — | $1.2B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filings as of | FY2025 | FY2026 | FY2025 | FY2026 |