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.

PTC · Technology · Narrow moat

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RMBS · Technology · Narrow moat

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SCDA · Technology · Narrow moat

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PEGA · Technology · Narrow moat

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MeasurePTCRMBSSCDAPEGA
Moat Score (0–100)7273 (highest)7272
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend9090100 (highest)79
Pricing power97949598 (highest)
Returns on capital332088 (highest)31
Balance-sheet safety6973 (highest)5573 (highest)
Capital allocation7286 (highest)2480
171% above value if growth stopped today (largest discount to value if growth stopped today)418% above value if growth stopped today403% above value if growth stopped today489% above value if growth stopped today
Market cap$14.2B$10.3B$9.5M$4.6B
Moat tierNarrow moatNarrow moatNarrow moatNarrow moat
Filing dateFY2025FY2025FY2015FY2025