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.
CDNS · Technology · Wide moat
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The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | CDNS | MSCI | RCMT | ABNB |
|---|---|---|---|---|
| Moat Score (0–100) | 85 (highest) | 85 (highest) | 85 (highest) | 84 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 100 (highest) | 100 (highest) | 90 | 80 |
| Pricing power | — | 100 (highest) | 44 | 98 |
| Returns on capital | 100 (highest) | 100 (highest) | 90 | 100 (highest) |
| Balance-sheet safety | 55 | 25 | 100 (highest) | 100 (highest) |
| Capital allocation | 85 | 100 (highest) | 100 (highest) | 44 |
| 621% above value if growth stopped today | 240% above value if growth stopped today | 49% above value if growth stopped today (largest discount to value if growth stopped today) | 288% above value if growth stopped today | |
| Market cap | $86.8B | $41.9B | $276M | $108.2B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |