The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same five investor questions from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | ANET | ADSK | UI | FICO |
|---|---|---|---|---|
| Moat Score (0–100) | 87 | 88 (highest) | 88 (highest) | 87 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 77 | 100 (highest) | 70 | 100 (highest) |
| Pricing power | 100 (highest) | 100 (highest) | 70 | 96 |
| Returns on capital | 100 (highest) | 90 | 100 (highest) | 100 (highest) |
| Balance-sheet safety | 100 (highest) | 97 | 98 | 40 |
| Capital discipline | 60 | 52 | 100 (highest) | 100 (highest) |
| Price vs. high estimate | 827% above high estimate | 295% above high estimate | 333% above high estimate | 271% above high estimate (largest discount to high estimate) |
| Market cap | $218.6B | $44.5B | $31.8B | $29.4B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filings as of | FY2025 | FY2026 | FY2025 | FY2025 |