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.
LZ · Technology · Narrow moat
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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 | CPAY | EPAM | LZ | QCOM |
|---|---|---|---|---|
| Moat Score (0–100) | 76 (highest) | 76 (highest) | 76 (highest) | 76 (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 | 100 (highest) | 60 | 74 | 49 |
| Pricing power | 100 (highest) | 54 | 100 (highest) | 93 |
| Returns on capital | 74 | 100 (highest) | — | 97 |
| Balance-sheet safety | 19 | 100 (highest) | 71 | 87 |
| Capital allocation | 88 (highest) | 68 | 60 | 54 |
| 96% above value if growth stopped today | 9% below value if growth stopped today (largest discount to value if growth stopped today) | 723% above value if growth stopped today | 78% above value if growth stopped today | |
| Market cap | $25.3B | $4.9B | $1.3B | $179.3B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |