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.
OBAI · Communications · No 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%.
CHTR · Communications · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
SPHR · Communications · No moat
Doesn't clear the bar
The pricingPower component abstained: Not enough years of gross-margin data to score pricing power. The other four 20% weights were renormalized over the scored 80%.
| Measure | OBAI | CHTR | IRDM | SPHR |
|---|---|---|---|---|
| Moat Score (0–100) | 35 | 36 (highest) | 35 | 35 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 55 | 55 | 83 (highest) | 65 |
| Pricing power | 14 (highest) | — | 9 | — |
| Returns on capital | — | 11 (highest) | 0 | 0 |
| Balance-sheet safety | 28 | 40 (highest) | 39 | 15 |
| Capital allocation | 44 | 37 | 46 | 60 (highest) |
| No price data | No price data | No price data | No price data | |
| Market cap | $6.4M | Not reported | Not reported | $6.2B |
| Moat tier | No moat | No moat | No moat | No moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |