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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

PRG · Technology · Shallow moat

Shallow 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%.

OMCL · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

CIEN · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

TWLO · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

MeasurePRGOMCLCIENTWLO
Moat Score (0–100)54 (highest)54 (highest)54 (highest)54 (highest)
Methodology versionmoat-index@2.0.0moat-index@2.0.0moat-index@2.0.0moat-index@2.0.0
Business trend5891 (highest)8175
Pricing power757284 (highest)
Returns on capital68 (highest)0330
Balance-sheet safety43100 (highest)3788
Capital discipline48 (highest)648 (highest)24
Price vs. high estimateAround the high estimate (largest discount to high estimate)307% above high estimate2423% above high estimateNo price data
Market cap$1.8B$2.0B$53.4B$31.3B
Moat tierShallow moatShallow moatShallow moatShallow moat
Filings as ofFY2025FY2025FY2025FY2025