Match Group, Inc.

MTCH · Technology · $9.9B mkt cap · FY2025 filings · · Narrow moat ·

Wonderful & reasonably priced

Narrow moat
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The five investor questions

83

2021–2025 (latest 5 aligned FYs; v3 window cap 5): revenue $3.0B to $3.5B, increasing; diluted EPS 0.93 to 2.38, increasing.

99

Median gross margin 73.1% over 10y, very stable.

86

Median ROIC 19.9%, above the 12% hurdle in 60% of years.

22

Net debt/EBITDA 3.1x, interest coverage 6x.

100

Owner earnings changed +30.5%/yr over up to the ten most recent annual observations.

Price vs. value if growth stopped today

A cautious baseline, not a price target: what the shares may support if normalized owner earnings simply hold steady.

Above value if growth stopped todayBelow value if growth stopped today
42% above value if growth stopped today
$624M
$29.81
$48.29
$42.40
42% above value if growth stopped today

What today’s price assumes: owner earnings growing ~7%/yr over 5 years. The zero-growth estimate assumes owner earnings stay flat (0% growth).

How to read this

We solve for the constant annual change in owner earnings that would make the five-year zero-growth estimate equal today’s price. This keeps the existing model inputs and calculation unchanged; it is an expectations lens, not a forecast.

This zero-growth estimate assumes trailing owner earnings persist — unreliable for declining businesses. The recent FY revenue series does not trigger the three-consecutive-declines flag.

Among the current top-score group, the median current price is 240% above the zero-growth estimate across 49 of the current top 50 companies by Moat Score with both values.

Score records captured Oct 15, 2026.

Exactly which 50 companies?

FTNT, IBEX, META, MEDP, MSFT, GOOG, LULU, ANF, IDXX, TXRH, FHI, QLYS, FFIV, ADBE, LLY, MANH, CPRT, VEEV, RMD, GRMN, PCTY, EAT, UI, SSD, MNST, DOCS, LRCX, MCO, NTAP, NVDA, CORT, SFM, MPTI, ULTA, SN, ROL, CTAS, PAYC, IRMD, DECK, MORN, INTU, JKHY, TPR, LGCY, DAL, GWW, ISRG, MPWR, LOPE

Missing a usable price or zero-growth estimate: ANF.

Model details under moat-index@3.0.0: zero-growth multiple 11.1×, capped-growth comparison at no more than 18×; 9% discount rate; high-end growth 4% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.

19 years of fundamentals

The business, in plain English

Match Group, Inc. booked $3.5B of revenue in FY2025 in the Technology sector and kept 72.8% of it as gross profit — a high-margin business by that measure. After every other cost, 17.6% of each revenue dollar reached the bottom line.

Across the filed record, revenue grew from $1.4B (FY2008) to $3.5B (FY2025) — about 5.5% a year compounded over 17 years.

It earned 26.7% on invested capital in the latest filed year, FY2025. Across the full 18-year measurable filed record, median ROIC was 14.6%. Over the v3 recent window (10 measurable filed years), median ROIC was 19.9%. The Returns on Capital filter above scores it 86/100.

The balance sheet carried $4.0B of total debt in FY2025 against $624M of owner earnings — roughly 6.4 years of owner earnings to retire it all. Balance-Sheet Safety scores it 22/100.

Put together: Capital Allocation is the strongest of the five filters (100/100) and Balance-Sheet Safety the weakest (22/100), which is how MTCH lands at 78/100 — a Narrow 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.

FY2007–FY2025 · 19 fiscal years, normalized from MTCH’s SEC filings

Sales, as filed$3.5B FY2025
$0$2B2007201320192025
Revenue kept after cost of goods72.8% FY2025
0%50%2007201320192025
Standard ROIC or separately labeled Operating ROICStandard ROIC 26.0% FY2025

Exact FY and FY-1 financing invested-capital inputs are required.

0%20%40%2007201320192025
Cash an owner could take out$624M FY2025
$02007201320192025

The explained ROIC gaps have filed inputs but no meaningful positive invested-capital denominator. Other gaps mean the item is not in the 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.

Flagship explainer

How Match Group, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$3.5B · 100%Cost of revenue$948M · 27%Gross profit$2.5B · 73%Operating income$873M · 25%Income before tax$746M · 21%Income tax$133M · 4%Net income$613M · 18%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$3.5B100%
Cost of revenue$948M27%
$2.5B73%
$873M25%
Income before tax$746M21%
Income tax$133M4%
$613M18%
Source: · event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
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Flagship explainer

What Match Group, Inc. owns — and owes

Match Group, Inc.'s filing tags don't support a full breakdown — here's what is filed:

Table alternative
Filed lineValue% of assetsSource
Total assets$4.5B100%
Cash and equivalents$1.0B23%
$4.0B89%
Stockholders’ equity−$254M−6%
Source: · event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set

Flagship explainer

What drives Match Group, Inc.’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity−387%Tax burden82%net income ÷ pretax incomeInterest burden85%pretax ÷ operating incomeOperating margin25%operating income ÷ revenueAsset turnover0.78×revenue ÷ average assetsEquity multiplier-28.15×average assets ÷ average equityAs of 2025-12-31 · 2 SEC filing sourcesBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
$613MFY2025
Income before tax$746MFY2025
Operating income$873MFY2025
$3.5BFY2025
Ending assets$4.5BFY2025
Beginning assets$4.5BFY2024
−$254MFY2025
−$63.7MFY2024
Source: · event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
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Flagship explainer

Where Match Group, Inc.'s cash went

Match Group, Inc.’s filing does not supply enough provenance-matched cash-flow lines for a truthful flow chart — here’s what is filed:

Table alternative
Filed lineValue% of cash from operationsSource
Cash from operations$1.1B100%
Depreciation and amortization$67.1M6%
Source: · event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set

Curated 19-manager tier

Who reported holding Match Group, Inc.

Delayed public 13F reports for 2026-Q2—not live positions, trades, or recommendations.

0 holding0 exited18 not holding18/19 resolved1 not retrieved

Named manager positions and quarter-over-quarter changes
ManagerReported positionQuarter-over-quarterFiling accession
Abrams CapitalNo position reportedNo position reported
Akre CapitalNo position reportedNo position reported
Baupost GroupNo position reportedNo position reported
Berkshire HathawayNo position reportedNo position reported
Brave Warrior AdvisorsNo position reportedNo position reported
Dodge & CoxNo position reportedNo position reported
First EagleNo position reportedNo position reported
FundsmithNo position reportedNo position reported
Gardner Russo & QuinnNo position reportedNo position reported
Gates Foundation TrustNo position reportedNo position reported
Mairs & PowerNo position reportedNo position reported
Markel / Markel-GaynerNo position reportedNo position reported
Oakmark / Harris AssociatesNo position reportedNo position reported
Polen CapitalNo position reportedNo position reported
Sequoia / Ruane CunniffNo position reportedNo position reported
Southeastern Asset ManagementNo position reportedNo position reported
Tweedy, BrowneNo position reportedNo position reported
Yacktman Asset ManagementNo position reportedNo position reported
Pershing SquareNot retrievedComparison not retrievedFiling not retrieved

Position size uses shares and filed value from each manager’s 13F. Portfolio weight uses the eligible long-share filing denominator. Changes compare only with the immediately preceding calendar quarter.

Source:
37 SEC filings
  1. 13F-HR · Q1 2026Filing detailsAccession 0000813917-26-000038 · filed May 15, 2026
  2. 13F-HR · Q2 2026Filing detailsAccession 0000813917-26-000042 · filed Aug 14, 2026
  3. 13F-HR · Q1 2026Filing detailsAccession 0000860643-26-000003 · filed May 13, 2026
  4. 13F-HR · Q2 2026Filing detailsAccession 0000860643-26-000005 · filed Aug 13, 2026
  5. 13F-HR · Q1 2026Filing detailsAccession 0000905567-26-000002 · filed May 1, 2026
  6. 13F-HR · Q2 2026Filing detailsAccession 0000905567-26-000003 · filed Aug 11, 2026
  7. 13F-HR · Q1 2026Filing detailsAccession 0000919574-26-003132 · filed May 15, 2026
  8. 13F-HR · Q2 2026Filing detailsAccession 0000919574-26-005176 · filed Aug 14, 2026
  9. 13F-HR · Q1 2026Filing detailsAccession 0001061768-26-000007 · filed May 14, 2026
  10. 13F-HR · Q2 2026Filing detailsAccession 0001061768-26-000010 · filed Aug 13, 2026
  11. 13F-HR · Q1 2026Filing detailsAccession 0001096343-26-000044 · filed May 1, 2026
  12. 13F-HR · Q2 2026Filing detailsAccession 0001096343-26-000065 · filed Jul 31, 2026
  13. 13F-HR · Q1 2026Filing detailsAccession 0001104659-26-062592 · filed May 15, 2026
  14. 13F-HR · Q2 2026Filing detailsAccession 0001104659-26-097175 · filed Aug 14, 2026
  15. 13F-HR · Q1 2026Filing detailsAccession 0001112520-26-000009 · filed May 14, 2026
  16. 13F-HR · Q2 2026Filing detailsAccession 0001112520-26-000014 · filed Aug 14, 2026
  17. 13F-HR · Q1 2026Filing detailsAccession 0001172661-26-001819 · filed May 14, 2026
  18. 13F-HR · Q1 2026Filing detailsAccession 0001172661-26-001911 · filed May 14, 2026
  19. 13F-HR · Q1 2026Filing detailsAccession 0001172661-26-001966 · filed May 14, 2026
  20. 13F-HR · Q1 2026Filing detailsAccession 0001172661-26-002294 · filed May 15, 2026
  21. 13F-HR · Q2 2026Filing detailsAccession 0001172661-26-003035 · filed Aug 4, 2026
  22. 13F-HR · Q2 2026Filing detailsAccession 0001172661-26-003402 · filed Aug 13, 2026
  23. 13F-HR · Q2 2026Filing detailsAccession 0001172661-26-003496 · filed Aug 14, 2026
  24. 13F-HR · Q2 2026Filing detailsAccession 0001172661-26-003728 · filed Aug 14, 2026
  25. 13F-HR · Q1 2026Filing detailsAccession 0001193125-26-208439 · filed May 6, 2026
  26. 13F-HR · Q1 2026Filing detailsAccession 0001193125-26-223352 · filed May 14, 2026
  27. 13F-HR · Q1 2026Filing detailsAccession 0001193125-26-226661 · filed May 15, 2026
  28. 13F-HR · Q2 2026Filing detailsAccession 0001193125-26-340443 · filed Aug 7, 2026
  29. 13F-HR · Q2 2026Filing detailsAccession 0001193125-26-349535 · filed Aug 13, 2026
  30. 13F-HR · Q2 2026Filing detailsAccession 0001193125-26-352200 · filed Aug 14, 2026
  31. 13F-HR/A · Q1 2026 · Amendment RESTATEMENTFiling detailsAccession 0001325447-26-000018 · filed May 14, 2026
  32. 13F-HR · Q2 2026Filing detailsAccession 0001325447-26-000020 · filed Aug 5, 2026
  33. 13F-HR/A · Q2 2026 · Amendment NEW HOLDINGSFiling detailsAccession 0001325447-26-000033 · filed Aug 24, 2026
  34. 13F-HR · Q1 2026Filing detailsAccession 0001398344-26-009296 · filed May 15, 2026
  35. 13F-HR · Q2 2026Filing detailsAccession 0001398344-26-014641 · filed Aug 14, 2026
  36. 13F-HR · Q1 2026Filing detailsAccession 0001569205-26-000005 · filed May 15, 2026
  37. 13F-HR · Q2 2026Filing detailsAccession 0001569205-26-000012 · filed Aug 14, 2026
· event Jun 30, 2026 · retrieved Oct 15, 2026

Flagship explainer

What Match Group, Inc. insiders reported

Records still being gathered — partial as of retrieval Oct 15, 2026.

Partial coverage: the incomplete Form 4 walk cannot establish no activity, an activity date, or zero counts.

Moat Score history

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

Moat Score over timeLast scored reading of each day, on the 0–100 scale77.8 / 100
0406080100WideNarrowShallowNo moatJul 17, 2026Oct 15, 2026

Breaks in the line mark methodology or normalizer upgrades — readings across versions aren’t compared, so a level shift there isn’t a change in the business.

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

  1. Normalizer upgraded unstamped (version unknown)tomoat-xbrl-normalizer@1.1.0 — readings across versions aren’t comparedJul 26, 2026
  2. Methodology upgraded moat-index@2.0.0tomoat-index@3.0.0 — readings across versions aren’t comparedJul 23, 2026
  3. Methodology upgraded moat-index@1.2.0tomoat-index@2.0.0 — readings across versions aren’t comparedJul 20, 2026

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

Insider activity

Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”

These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.

This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.

Records still being gathered — partial as of retrieval Oct 15, 2026.

329 filings were skipped because the SEC primary document returned 404; the omission is disclosed and aggregates are withheld.

Among the rows shown, A/F/M acquisition, payment or withholding, and exercise or conversion rows outnumber S sale rows (61 versus 3). The filing codes alone do not establish that every such row arose from a compensation plan.

Trailing-12-month totals and the 90-day cluster result are withheld because this issuer walk is incomplete.

InsiderShares owned afterDateFiling detail
Edgett SeanChief Leg. & Corp. Aff. Off.Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock, par value $0.001 · 2 paired events23,751Not disclosedNot disclosedSee lot detailOct 1, 2026
2 filed lots
  • Table I · Common Stock, par value $0.001: 22,806 shares at Not disclosed · code M · owned after 51,443 · Paired event: 22,806 Restricted Stock Units → 22,806 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 945 shares at Not disclosed · code M · owned after 52,388 · Paired event: 945 Dividend Equivalents → 945 Common Stock, par value $0.001 ·
Edgett SeanChief Leg. & Corp. Aff. Off.Payment of exercise price or tax liability (F)Table I · Disposed · Common Stock, par value $0.00112,085$40.15$485,21340,303Oct 1, 2026
1 filed lot
  • Table I · Common Stock, par value $0.001: 12,085 shares at $40.15 · code F · owned after 40,303 ·
Edgett SeanChief Leg. & Corp. Aff. Off.Exercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units · 1 paired event22,806—Exercise or conversion of derivative security (M)—22,806Oct 1, 2026
1 filed lot
  • Table II · Restricted Stock Units: 22,806 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 22,806 · Paired event: 22,806 Restricted Stock Units → 22,806 Common Stock, par value $0.001 ·
Edgett SeanChief Leg. & Corp. Aff. Off.Exercise or conversion of derivative security (M)Table II · Disposed · Dividend Equivalents · 1 paired event945—Exercise or conversion of derivative security (M)—956Oct 1, 2026
1 filed lot
  • Table II · Dividend Equivalents: 945 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 956 · Paired event: 945 Dividend Equivalents → 945 Common Stock, par value $0.001 ·
Schiffman GlennDirectorGrant, award, or other acquisition (A)Table I · Acquired · Common Stock, par value $0.001374$40.15$15,01659,714Sep 30, 2026
1 filed lot
  • Table I · Common Stock, par value $0.001: 374 shares at $40.15 · code A · owned after 59,714 ·
Jones Laura RachelDirectorGrant, award, or other acquisition (A)Table I · Acquired · Common Stock, par value $0.001342$40.15$13,73119,538Sep 30, 2026
1 filed lot
  • Table I · Common Stock, par value $0.001: 342 shares at $40.15 · code A · owned after 19,538 ·
CAVENS DARRELLDirectorGrant, award, or other acquisition (A)Table I · Acquired · Common Stock, par value $0.001498$40.15$19,99511,389Sep 30, 2026
1 filed lot
  • Table I · Common Stock, par value $0.001: 498 shares at $40.15 · code A · owned after 11,389 ·
MCDANIEL ANNDirectorOpen-market or private sale (S)Table I · Disposed · Common Stock, par value $0.0013,531$42.4274$149,81126,839Sep 2, 2026
1 filed lot
  • Table I · Common Stock, par value $0.001: 3,531 shares at $42.4274 · code S · owned after 26,839 ·
Rascoff Spencer MDirector, Chief Executive OfficerExercise or conversion of derivative security (M)Table I · Acquired · Common Stock, par value $0.001 · 4 paired events31,471Not disclosedNot disclosedSee lot detailSep 1, 2026
4 filed lots
  • Table I · Common Stock, par value $0.001: 17,850 shares at Not disclosed · code M · owned after 236,752 · Paired event: 17,850 Restricted Stock Units → 17,850 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 635 shares at Not disclosed · code M · owned after 237,387 · Paired event: 635 Dividend Equivalents → 635 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 12,849 shares at Not disclosed · code M · owned after 240,830 · Paired event: 12,849 Restricted Stock Units → 12,849 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 137 shares at Not disclosed · code M · owned after 240,967 · Paired event: 137 Dividend Equivalents → 137 Common Stock, par value $0.001 ·
Rascoff Spencer MDirector, Chief Executive OfficerPayment of exercise price or tax liability (F)Table I · Disposed · Common Stock, par value $0.00116,014$40.65$650,969See lot detailSep 1, 2026
2 filed lots
  • Table I · Common Stock, par value $0.001: 9,406 shares at $40.65 · code F · owned after 227,981 ·
  • Table I · Common Stock, par value $0.001: 6,608 shares at $40.65 · code F · owned after 234,359 ·
Rascoff Spencer MDirector, Chief Executive OfficerExercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units · 2 paired events30,699—Exercise or conversion of derivative security (M)—See lot detailSep 1, 2026
2 filed lots
  • Table II · Restricted Stock Units: 17,850 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 107,100 · Paired event: 17,850 Restricted Stock Units → 17,850 Common Stock, par value $0.001 ·
  • Table II · Restricted Stock Units: 12,849 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 128,494 · Paired event: 12,849 Restricted Stock Units → 12,849 Common Stock, par value $0.001 ·
Rascoff Spencer MDirector, Chief Executive OfficerExercise or conversion of derivative security (M)Table II · Disposed · Dividend Equivalents · 2 paired events772—Exercise or conversion of derivative security (M)—See lot detailSep 1, 2026
2 filed lots
  • Table II · Dividend Equivalents: 635 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 3,820 · Paired event: 635 Dividend Equivalents → 635 Common Stock, par value $0.001 ·
  • Table II · Dividend Equivalents: 137 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 1,383 · Paired event: 137 Dividend Equivalents → 137 Common Stock, par value $0.001 ·
Eigenmann Philip DChief Accounting OfficerExercise or conversion of derivative security (M)Table I · Acquired · Common Stock, par value $0.001 · 6 paired events5,221Not disclosedNot disclosedSee lot detailSep 1, 2026
6 filed lots
  • Table I · Common Stock, par value $0.001: 1,231 shares at Not disclosed · code M · owned after 20,620 · Paired event: 1,231 Restricted Stock Units → 1,231 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 51 shares at Not disclosed · code M · owned after 20,671 · Paired event: 51 Dividend Equivalents → 51 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 1,844 shares at Not disclosed · code M · owned after 22,074 · Paired event: 1,844 Restricted Stock Units → 1,844 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 66 shares at Not disclosed · code M · owned after 22,140 · Paired event: 66 Dividend Equivalents → 66 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 2,008 shares at Not disclosed · code M · owned after 23,491 · Paired event: 2,008 Restricted Stock Units → 2,008 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 21 shares at Not disclosed · code M · owned after 23,512 · Paired event: 21 Dividend Equivalents → 21 Common Stock, par value $0.001 ·
Eigenmann Philip DChief Accounting OfficerExercise or conversion of derivative security (M)Table II · Disposed · Dividend Equivalents · 3 paired events138—Exercise or conversion of derivative security (M)—See lot detailSep 1, 2026
3 filed lots
  • Table II · Dividend Equivalents: 51 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 107 · Paired event: 51 Dividend Equivalents → 51 Common Stock, par value $0.001 ·
  • Table II · Dividend Equivalents: 66 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 396 · Paired event: 66 Dividend Equivalents → 66 Common Stock, par value $0.001 ·
  • Table II · Dividend Equivalents: 21 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 216 · Paired event: 21 Dividend Equivalents → 21 Common Stock, par value $0.001 ·
Eigenmann Philip DChief Accounting OfficerExercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units · 3 paired events5,083—Exercise or conversion of derivative security (M)—See lot detailSep 1, 2026
3 filed lots
  • Table II · Restricted Stock Units: 1,844 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 11,068 · Paired event: 1,844 Restricted Stock Units → 1,844 Common Stock, par value $0.001 ·
  • Table II · Restricted Stock Units: 2,008 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 20,077 · Paired event: 2,008 Restricted Stock Units → 2,008 Common Stock, par value $0.001 ·
  • Table II · Restricted Stock Units: 1,231 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 2,463 · Paired event: 1,231 Restricted Stock Units → 1,231 Common Stock, par value $0.001 ·
Eigenmann Philip DChief Accounting OfficerPayment of exercise price or tax liability (F)Table I · Disposed · Common Stock, par value $0.0011,795$40.65$72,967See lot detailSep 1, 2026
3 filed lots
  • Table I · Common Stock, par value $0.001: 441 shares at $40.65 · code F · owned after 20,230 ·
  • Table I · Common Stock, par value $0.001: 657 shares at $40.65 · code F · owned after 21,483 ·
  • Table I · Common Stock, par value $0.001: 697 shares at $40.65 · code F · owned after 22,815 ·
Edgett SeanChief Legal Officer and Sec.Exercise or conversion of derivative security (M)Table I · Acquired · Common Stock, par value $0.001 · 4 paired events10,365Not disclosedNot disclosedSee lot detailSep 1, 2026
4 filed lots
  • Table I · Common Stock, par value $0.001: 1,845 shares at Not disclosed · code M · owned after 25,391 · Paired event: 1,845 Restricted Stock Units → 1,845 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 66 shares at Not disclosed · code M · owned after 25,457 · Paired event: 66 Dividend Equivalents → 66 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 8,365 shares at Not disclosed · code M · owned after 32,850 · Paired event: 8,365 Restricted Stock Units → 8,365 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 89 shares at Not disclosed · code M · owned after 32,939 · Paired event: 89 Dividend Equivalents → 89 Common Stock, par value $0.001 ·
Edgett SeanChief Legal Officer and Sec.Payment of exercise price or tax liability (F)Table I · Disposed · Common Stock, par value $0.0015,274$40.65$214,388See lot detailSep 1, 2026
2 filed lots
  • Table I · Common Stock, par value $0.001: 972 shares at $40.65 · code F · owned after 24,485 ·
  • Table I · Common Stock, par value $0.001: 4,302 shares at $40.65 · code F · owned after 28,637 ·
Edgett SeanChief Legal Officer and Sec.Exercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units · 2 paired events10,210—Exercise or conversion of derivative security (M)—See lot detailSep 1, 2026
2 filed lots
  • Table II · Restricted Stock Units: 1,845 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 11,067 · Paired event: 1,845 Restricted Stock Units → 1,845 Common Stock, par value $0.001 ·
  • Table II · Restricted Stock Units: 8,365 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 83,655 · Paired event: 8,365 Restricted Stock Units → 8,365 Common Stock, par value $0.001 ·
Edgett SeanChief Legal Officer and Sec.Exercise or conversion of derivative security (M)Table II · Disposed · Dividend Equivalents · 2 paired events155—Exercise or conversion of derivative security (M)—See lot detailSep 1, 2026
2 filed lots
  • Table II · Dividend Equivalents: 66 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 396 · Paired event: 66 Dividend Equivalents → 66 Common Stock, par value $0.001 ·
  • Table II · Dividend Equivalents: 89 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 901 · Paired event: 89 Dividend Equivalents → 89 Common Stock, par value $0.001 ·
Bailey Steven Richard Jr.Chief Financial OfficerExercise or conversion of derivative security (M)Table I · Acquired · Common Stock, par value $0.001 · 6 paired events13,403Not disclosedNot disclosedSee lot detailSep 1, 2026
6 filed lots
  • Table I · Common Stock, par value $0.001: 1,791 shares at Not disclosed · code M · owned after 38,080 · Paired event: 1,791 Restricted Stock Units → 1,791 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 72 shares at Not disclosed · code M · owned after 38,152 · Paired event: 72 Dividend Equivalents → 72 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 4,612 shares at Not disclosed · code M · owned after 42,030 · Paired event: 4,612 Restricted Stock Units → 4,612 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 165 shares at Not disclosed · code M · owned after 42,195 · Paired event: 165 Dividend Equivalents → 165 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 6,692 shares at Not disclosed · code M · owned after 47,007 · Paired event: 6,692 Restricted Stock Units → 6,692 Common Stock, par value $0.001 ·
  • Table I · Common Stock, par value $0.001: 71 shares at Not disclosed · code M · owned after 47,078 · Paired event: 71 Dividend Equivalents → 71 Common Stock, par value $0.001 ·
Bailey Steven Richard Jr.Chief Financial OfficerExercise or conversion of derivative security (M)Table II · Disposed · Dividend Equivalents · 3 paired events308—Exercise or conversion of derivative security (M)—See lot detailSep 1, 2026
3 filed lots
  • Table II · Dividend Equivalents: 72 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 153 · Paired event: 72 Dividend Equivalents → 72 Common Stock, par value $0.001 ·
  • Table II · Dividend Equivalents: 165 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 988 · Paired event: 165 Dividend Equivalents → 165 Common Stock, par value $0.001 ·
  • Table II · Dividend Equivalents: 71 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 721 · Paired event: 71 Dividend Equivalents → 71 Common Stock, par value $0.001 ·
Bailey Steven Richard Jr.Chief Financial OfficerExercise or conversion of derivative security (M)Table II · Disposed · Restricted Stock Units · 3 paired events13,095—Exercise or conversion of derivative security (M)—See lot detailSep 1, 2026
3 filed lots
  • Table II · Restricted Stock Units: 4,612 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 27,668 · Paired event: 4,612 Restricted Stock Units → 4,612 Common Stock, par value $0.001 ·
  • Table II · Restricted Stock Units: 6,692 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 66,924 · Paired event: 6,692 Restricted Stock Units → 6,692 Common Stock, par value $0.001 ·
  • Table II · Restricted Stock Units: 1,791 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 3,582 · Paired event: 1,791 Restricted Stock Units → 1,791 Common Stock, par value $0.001 ·
Bailey Steven Richard Jr.Chief Financial OfficerPayment of exercise price or tax liability (F)Table I · Disposed · Common Stock, par value $0.0015,276$40.65$214,469See lot detailSep 1, 2026
3 filed lots
  • Table I · Common Stock, par value $0.001: 734 shares at $40.65 · code F · owned after 37,418 ·
  • Table I · Common Stock, par value $0.001: 1,880 shares at $40.65 · code F · owned after 40,315 ·
  • Table I · Common Stock, par value $0.001: 2,662 shares at $40.65 · code F · owned after 44,416 ·
Eigenmann Philip DChief Accounting OfficerOpen-market or private sale (S)Table I · Disposed · Common Stock, par value $0.00115,000$41.6999$625,49919,389Aug 28, 2026
1 filed lot
  • Table I · Common Stock, par value $0.001: 15,000 shares at $41.6999 · code S · owned after 19,389 ·
Bailey StephenDirectorOpen-market or private sale (S)Table I · Disposed · Common Stock, par value $0.0014,760$42.2631$201,17211,742Aug 26, 2026
1 filed lot
  • Table I · Common Stock, par value $0.001: 4,760 shares at $42.2631 · code S · owned after 11,742 ·
Schiffman GlennDirectorOpen-market or private purchase (P)Table I · Acquired · Common Stock, par value $0.0013,000$36.63$109,89056,370Aug 11, 2026
1 filed lot
  • Table I · Common Stock, par value $0.001: 3,000 shares at $36.63 · code P · owned after 56,370 ·
Schiffman GlennDirectorExercise or conversion of derivative security (M)Table I · Acquired · Common Stock, par value $0.001 · 1 paired event20,000$24.4523$489,04676,370Aug 11, 2026
1 filed lot
  • Table I · Common Stock, par value $0.001: 20,000 shares at $24.4523 · code M · owned after 76,370 · Paired event: 20,000 Options to Purchase Common Stock, par value $0.001 → 20,000 Common Stock, par value $0.001 ·
Schiffman GlennDirectorPayment of exercise price or tax liability (F)Table I · Disposed · Common Stock, par value $0.00117,030$36.78$626,36359,340Aug 11, 2026
1 filed lot
  • Table I · Common Stock, par value $0.001: 17,030 shares at $36.78 · code F · owned after 59,340 ·
Schiffman GlennDirectorExercise or conversion of derivative security (M)Table II · Disposed · Options to Purchase Common Stock, par value $0.001 · 1 paired event20,000—Exercise or conversion of derivative security (M)—53,760Aug 11, 2026
1 filed lot
  • Table II · Options to Purchase Common Stock, par value $0.001: 20,000 shares at — (Exercise or conversion of derivative security (M)) · code M · owned after 53,760 · Paired event: 20,000 Options to Purchase Common Stock, par value $0.001 → 20,000 Common Stock, par value $0.001 ·

Source-event as of . Retrieved .

Track record

How Match Group, Inc.’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.

Point-in-time scores 2011–2025, one methodology version · reconstructed from filings on file each Dec 31 — never with hindsight

Point-in-time Moat Score (dot colored by tier)Indexed price (total-return (dividends reinvested))Rated Wide-moat that year

How to read this: each dot is what the engine would have scored MTCH on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

0406080100WideNarrowShallowNo moatPoint-in-time Moat Score1002005001,000Indexed price · log scale (2012 = 100)201120142017202020232026

Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The price path is a total-return (dividends reinvested) index built from the same data the forward returns use; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.

What followed, in the years it rated Wide

In the 1 year MTCH rated Wide-moat (2020), the median forward total return that followed — measured only after each year’s filings were public — was:

  • 1 year −10% vs the S&P 500’s 30% (price basis) · median over 1 year
  • 3 years −76% vs the S&P 500’s 28% (price basis) · median over 1 year
  • 5 years −78% vs the S&P 500’s 85% (price basis) · median over 1 year

These are medians computed from the data, not a claim about any one year. The company figures are total returns (dividends reinvested); the S&P 500 is the price-only ^GSPC index, which excludes dividends and so understates the index — the gap flatters the company. A quality rating is not a return forecast, and past returns don’t predict future ones. Educational only, not investment advice.

Technology context

#68 of 751 scored Technology companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #66HUBB HUBBELL INC78.3 out of 100, Narrow moatNarrow moat
  2. #67MNTN MNTN, Inc.77.9 out of 100, Narrow moatNarrow moat
  3. #69MELI MercadoLibre, Inc.77.6 out of 100, Narrow moatNarrow moat
  4. #70FTDR Frontdoor, Inc.77.3 out of 100, Narrow moatNarrow moat

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

Common questions about MTCH

Does Match Group, Inc. have an economic moat?
Based on its FY2025 SEC filings, the Moat Index scores Match Group, Inc. (MTCH) 77.8 out of 100 — a Narrow moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 83, pricing power 99, returns on capital 86, balance-sheet safety 22, capital allocation 100.
Is MTCH trading below the conservative owner-earnings estimate?
The value if growth stopped today — a zero-growth baseline — is $29.81 per share. It capitalizes normalized owner earnings at a 9% rate and assumes 0% growth. Versus a recent price of $42.40, that is 42% above value if growth stopped today. The model also publishes a capped-growth comparison, but the zero-growth estimate is the cautious baseline. It assumes trailing owner earnings persist and is unreliable for declining businesses. This is an educational estimate from primary SEC filings, not intrinsic value as a fact or investment advice.
How has MTCH's Moat Score changed over time?
The record logs 28 readings since Jul 17, 2026; the latest reads 77.8 out of 100 (narrow moat). No tier changes on record yet. (Methodology or normalizer upgrades on Jul 20, 2026, Jul 23, 2026, Jul 26, 2026 re-based the score; readings across versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.