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 | TTD | ADSK | 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 | 95 | 100 (highest) | 100 (highest) |
| Pricing power | 100 (highest) | 100 (highest) | 100 (highest) | 96 |
| Returns on capital | 100 (highest) | 93 | 90 | 100 (highest) |
| Balance-sheet safety | 100 (highest) | 73 | 97 | 40 |
| Capital allocation | 60 | 80 | 52 | 100 (highest) |
| 941% above value if growth stopped today | 155% above value if growth stopped today (largest discount to value if growth stopped today) | 335% above value if growth stopped today | 250% above value if growth stopped today | |
| Market cap | $245.5B | $6.0B | $49.0B | $17.1B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filing date | FY2025 | FY2025 | FY2026 | FY2025 |