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.
MNTN · 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 | MTCH | HUBB | MNTN | MELI |
|---|---|---|---|---|
| Moat Score (0–100) | 78 (highest) | 78 (highest) | 78 (highest) | 78 (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 | 83 | 97 | 70 | 100 (highest) |
| Pricing power | 99 (highest) | 48 | 97 | 85 |
| Returns on capital | 86 (highest) | 76 | — | 62 |
| Balance-sheet safety | 22 | 82 | 100 (highest) | 81 |
| Capital discipline | 100 (highest) | 88 | 44 | 60 |
| Price vs. high estimate | 21% below high estimate (largest discount to high estimate) | 91% above high estimate | No price data | 720% above high estimate |
| Market cap | $8.8B | $25.9B | $141M | $91.3B |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2025 | FY2025 | FY2025 | FY2025 |