Buy Like Buffett

The Moat Index

CLARIVATE PLC

CLVT · Technology · $1.5B mkt cap · FY2025 filings · Shallow moat ·

Doesn't clear the bar

47/ 100
Shallow moat

The four filters

Pricing power100

Median gross margin 65.5% over 7y, very stable.

Returns on capital0

Median ROIC -5.6%, above the 9% hurdle in 0% of years.

Balance-sheet safety40

Net debt/EBITDA 4.9x, no material interest expense disclosed.

Capital discipline44

Owner earnings trend unclear, share count n/a.

Margin of safety

Above valueOn sale
No price data
Owner earnings (normalized)
—
Est. intrinsic value / share
—
Recent price
$2.39
Discount to value
No price data

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

10 years of fundamentals

The business, in plain English

CLARIVATE PLC booked $2.5B of revenue in FY2025 in the Technology sector and kept 66.0% of it as gross profit — a high-margin business by that measure. After every other cost, −8.2% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $917.6M (FY2017) to $2.5B (FY2025) — about 13.1% a year compounded over 8 years.

It earned 0.6% on invested capital in FY2025, with a median of −5.6% across 9 filed years. The Returns on Capital filter above scores it 0/100.

The balance sheet carried $4.4B of total debt in FY2025 against $292.9M of owner earnings — roughly 15.1 years of owner earnings to retire it all. Balance-Sheet Safety scores it 40/100.

The share count rose 194.5% between FY2018 and FY2025 — existing owners have been diluted over the record. Capital Discipline scores it 44/100.

Put together: Pricing Power is the strongest of the four filters (100/100) and Returns on Capital the weakest (0/100), which is how CLVT lands at 47/100 — a Shallow moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

FY2016–FY2025 · 10 fiscal years, normalized from CLVT’s SEC filings

RevenueSales, as filed$2.5B FY2025
$0$1B$2B2016201920222025
Gross marginRevenue kept after cost of goods66.0% FY2025
0%25%50%2016201920222025
Return on invested capitalOperating profit on the capital employed0.6% FY2025
−20%0%2016201920222025
Owner earningsCash an owner could take out$292.9M FY2025
−$2B$02016201920222025

Gaps in a line mean that item isn’t in CLVT’s filings for that year — the series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Moat Score history

3 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale46.8 / 100
0406080100WideNarrowShallowNo moatJul 17, 2026

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — CLVT has read Shallow moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Technology context

#220 of 532 scored Technology companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #218VERI Veritone, Inc.47.2Shallow moat
  2. #219CARS Cars.com Inc.47.1Shallow moat
  3. #221DGII DIGI INTERNATIONAL INC.46.5Shallow moat
  4. #222FLEX FLEX LTD.46.5Shallow moat

Compare CLVT with its nearest peers →All Technology companies on the Index →

Common questions about CLVT

Does CLARIVATE PLC have an economic moat?
Based on its FY2025 SEC filings, the Moat Index scores CLARIVATE PLC (CLVT) 46.8 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 100, returns on capital 0, balance-sheet safety 40, capital discipline 44.
How has CLVT's Moat Score changed over time?
The record logs 3 readings since Jul 17, 2026; the latest reads 46.8 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.
Embed this score on your site

One iframe, no script. The badge shows CLVT’s live Moat Score, updates itself as new filings are scored, and links back here. How it works.

<iframe
  src="https://buylikebuffett.com/embed/CLVT"
  width="340" height="150" style="border:0"
  title="CLVT Moat Score — The Moat Index"
  loading="lazy"></iframe>

Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell CLVT. See the disclaimer.

CLARIVATE PLC (CLVT) Moat Score — The Moat Index · Buy Like Buffett