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.
| Measure | PDEX | WAT | OPXS | DXCM |
|---|---|---|---|---|
| Moat Score (0–100) | 79 | 80 (highest) | 80 (highest) | 78 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 95 | 60 | 95 | 100 (highest) |
| Pricing power | 47 | 98 (highest) | 21 | 98 (highest) |
| Returns on capital | 71 | 97 (highest) | 82 | 96 |
| Balance-sheet safety | 81 | 74 | 100 (highest) | 73 |
| Capital allocation | 100 (highest) | 71 | 100 (highest) | 24 |
| 194% above value if growth stopped today | 226% above value if growth stopped today | 189% above value if growth stopped today (largest discount to value if growth stopped today) | 471% above value if growth stopped today | |
| Market cap | $231M | $25.1B | $72.7M | $34.4B |
| Moat tier | Narrow moat | Wide moat | Narrow moat | Narrow moat |
| Filing date | FY2026 | FY2025 | FY2025 | FY2025 |