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.
ATHR · Technology · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
RBRK · Technology · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
RPD · Technology · Shallow moat
Doesn't clear the bar
The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.
| Measure | ATHR | RBRK | RPD | TRIP |
|---|---|---|---|---|
| Moat Score (0–100) | 56 (highest) | 56 (highest) | 56 (highest) | 56 (highest) |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 22 | 57 | 72 (highest) | 61 |
| Pricing power | 100 (highest) | 96 | 100 (highest) | 100 (highest) |
| Returns on capital | — | — | — | 33 |
| Balance-sheet safety | 78 (highest) | 28 | 28 | 44 |
| Capital discipline | 24 | 44 (highest) | 24 | 40 |
| Price vs. high estimate | No price data | No price data | No price data | 337% above high estimate |
| Market cap | $56.6M | $15.4B | $786.9M | $1.6B |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filings as of | FY2025 | FY2026 | FY2025 | FY2025 |