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.
AVPT · Technology · Wide moat
On the watchlist
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%.
LZ · Technology · Wide moat
On the watchlist
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 | AVPT | CRMZ | URI | LZ |
|---|---|---|---|---|
| Moat Score (0–100) | 81 | 82 (highest) | 81 | 81 |
| Methodology version | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 | moat-index@2.0.0 |
| Business trend | 82 | 72 | 64 | 93 (highest) |
| Pricing power | 100 (highest) | 98 | 70 | 100 (highest) |
| Returns on capital | — | 58 | 100 (highest) | — |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 100 (highest) | 71 |
| Capital discipline | 44 | 79 (highest) | 73 | 60 |
| Price vs. high estimate | No price data | 23% above high estimate (largest discount to high estimate) | 46% above high estimate | 445% above high estimate |
| Market cap | $2.8B | $23.2M | $63.9B | $1.4B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |