AKAMAI TECHNOLOGIES, INC.
AKAM · Technology · $17.3B mkt cap · FY2025 filings · Narrow moat
On the watchlist
The four filters
Pricing power99
Median gross margin 64.0% over 10y, very stable.
Returns on capital69
Median ROIC 13.6%, above the 9% hurdle in 90% of years.
Balance-sheet safety69
Net debt/EBITDA n/ax, interest coverage 18x.
Capital discipline70
Owner earnings +3.6%/yr, share count shrinking (buybacks).
Margin of safety
Above valueOn sale
- Owner earnings (normalized)
- $762.9M
- Est. intrinsic value / share
- $58.58
- Recent price
- $119.77
- Discount to value
- 104% above value
Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
Moat Score history
Score history begins 2026-07-17. Check back as the record builds.
Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.