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.
PYPL · Technology · Wide moat
Wonderful & reasonably priced
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 | PYPL | AMAT | SPSC | FDS |
|---|---|---|---|---|
| Moat Score (0–100) | 87 (highest) | 87 (highest) | 87 (highest) | 87 (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 | 89 | 86 | 100 (highest) | 100 (highest) |
| Pricing power | — | 76 | 100 (highest) | 90 |
| Returns on capital | 77 | 100 (highest) | 54 | 100 (highest) |
| Balance-sheet safety | 81 | 73 | 100 (highest) | 68 |
| Capital allocation | 100 (highest) | 100 (highest) | 80 | 76 |
| 4% above value if growth stopped today (largest discount to value if growth stopped today) | 326% above value if growth stopped today | 337% above value if growth stopped today | 99% above value if growth stopped today | |
| Market cap | $52.2B | $324.6B | $3.2B | $11.4B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |