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.
RBRK · 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%.
ATHR · 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 | OKTA | CCSI | RBRK | ATHR |
|---|---|---|---|---|
| Moat Score (0–100) | 56 (highest) | 56 (highest) | 56 (highest) | 56 (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 | 85 (highest) | 40 | 57 | 22 |
| Pricing power | 98 | 100 (highest) | 96 | 100 (highest) |
| Returns on capital | 0 | 100 (highest) | — | — |
| Balance-sheet safety | 73 | 21 | 28 | 78 (highest) |
| Capital allocation | 24 | 20 | 44 (highest) | 24 |
| No price data | 29% below value if growth stopped today | No price data | No price data | |
| Market cap | $32.7B | $662M | $21.0B | $45.3M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2026 | FY2025 | FY2026 | FY2025 |