Does ZIPRECRUITER, INC. have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores ZIPRECRUITER, INC. (ZIP) 56.7 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 100, returns on capital 41, balance-sheet safety 28, capital discipline 44.

Is ZIP stock trading below its intrinsic value?

Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $1.09 per share versus a recent price of $3.96 — 264% above value. This is an educational estimate computed from primary SEC filings, not investment advice.

How has ZIP's Moat Score changed over time?

The record logs 2 readings since Jul 17, 2026; the latest reads 56.7 out of 100 (shallow moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

ZIPRECRUITER, INC.

ZIP · Technology · $282.6M mkt cap · FY2025 filings · Shallow moat ·

Doesn't clear the bar

Shallow moat

The four filters

Pricing power100

Median gross margin 89.3% over 7y, very stable.

Returns on capital41

Median ROIC 10.5%, above the 9% hurdle in 50% of years.

Balance-sheet safety28

Net debt/EBITDA n/ax, interest coverage -1x.

Capital discipline44

Owner earnings trend unclear, share count n/a.

Margin of safety

Above valueOn sale

264% above value

Owner earnings (normalized): $7.0M
Est. intrinsic value / share: $1.09
Recent price: $3.96
Discount to value: 264% above value

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

Fundamentals

There's no normalized fundamentals series for ZIP yet — it appears once ingest has processed its filings.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale56.7 / 100

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 — ZIP 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

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

Nearest peers by Moat Score

#155DV DoubleVerify Holdings, Inc.57.3 out of 100, Shallow moatShallow moat
#156BKTI BK Technologies Corp57.2 out of 100, Shallow moatShallow moat
#158DOCU DOCUSIGN, INC.56.6 out of 100, Shallow moatShallow moat
#159PANW PALO ALTO NETWORKS, INC56.5 out of 100, Shallow moatShallow moat

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

Common questions about ZIP

Does ZIPRECRUITER, INC. have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores ZIPRECRUITER, INC. (ZIP) 56.7 out of 100 — a Shallow moat. The four filters behind that score (each 0–100): pricing power 100, returns on capital 41, balance-sheet safety 28, capital discipline 44.
Is ZIP stock trading below its intrinsic value?: Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $1.09 per share versus a recent price of $3.96 — 264% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has ZIP's Moat Score changed over time?: The record logs 2 readings since Jul 17, 2026; the latest reads 56.7 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 ZIP’s live Moat Score, updates itself as new filings are scored, and links back here. How it works.

<iframe
  src="https://buylikebuffett.com/embed/ZIP"
  width="340" height="150" style="border:0"
  title="ZIP 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 ZIP. See the disclaimer.