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.
MAPS · 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 | ETSY | FISV | MAPS | DSNY |
|---|---|---|---|---|
| Moat Score (0–100) | 67 (highest) | 67 (highest) | 67 (highest) | 67 (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 | 51 | 94 (highest) | 25 | 39 |
| Pricing power | 99 | 100 (highest) | 100 (highest) | 99 |
| Returns on capital | 91 (highest) | 31 | — | 78 |
| Balance-sheet safety | 31 | 32 | 100 (highest) | 55 |
| Capital allocation | 64 | 80 (highest) | 44 | 64 |
| 82% above value if growth stopped today | 45% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | 37% above value if growth stopped today | |
| Market cap | $7.8B | $27.3B | Not reported | $5.1M |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |