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.
ANKM · 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 | GTM | TWLO | OTEX | ANKM |
|---|---|---|---|---|
| Moat Score (0–100) | 55 (highest) | 55 (highest) | 55 (highest) | 55 (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 | 64 | 80 | 89 (highest) | 70 |
| Pricing power | 97 | 84 | 100 (highest) | 70 |
| Returns on capital | 0 | 0 | 6 (highest) | — |
| Balance-sheet safety | 13 | 88 (highest) | 40 | 55 |
| Capital allocation | 100 (highest) | 24 | 40 | 24 |
| 41% below value if growth stopped today (largest discount to value if growth stopped today) | No price data | Around the value if growth stopped today | No price data | |
| Market cap | $897M | $29.2B | $5.7B | Not reported |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |