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.
DTGI · 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%.
PNXP · 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 | BILL | DTGI | ON | PNXP |
|---|---|---|---|---|
| Moat Score (0–100) | 48 (highest) | 48 (highest) | 48 (highest) | 48 (highest) |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 65 (highest) | 65 (highest) | 24 | 20 |
| Pricing power | 97 (highest) | 54 | 51 | 91 |
| Returns on capital | 0 | — | 62 (highest) | — |
| Balance-sheet safety | 28 | 28 | 40 | 55 (highest) |
| Capital allocation | 49 | 44 | 61 (highest) | 24 |
| No price data | No price data | 59% above value if growth stopped today | No price data | |
| Market cap | $4.4B | $701662 | $27.8B | Not reported |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2026 | FY2023 | FY2025 | FY2025 |