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.
TEAM · 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 | DSP | PANW | TEAM | HQI |
|---|---|---|---|---|
| Moat Score (0–100) | 65 (highest) | 65 (highest) | 65 (highest) | 65 (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 | 75 (highest) | 75 (highest) | 70 | 46 |
| Pricing power | 75 | 100 (highest) | 100 (highest) | 70 |
| Returns on capital | 21 | 7 | — | 56 (highest) |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 55 | 73 |
| Capital allocation | 55 | 44 | 36 | 80 (highest) |
| 654% above value if growth stopped today (largest discount to value if growth stopped today) | 3710% above value if growth stopped today | No price data | No price data | |
| Market cap | $845M | $305.7B | $53.2B | Not reported |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2026 | FY2026 | FY2025 |