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 | QLYS | MSFT | GOOGL | FFIV |
|---|---|---|---|---|
| Moat Score (0–100) | 95 | 98 (highest) | 97 | 95 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 100 (highest) | 100 (highest) | 95 | 89 |
| Pricing power | 100 (highest) | 100 (highest) | 94 | 100 (highest) |
| Returns on capital | 97 | 100 (highest) | 97 | 100 (highest) |
| Balance-sheet safety | 100 (highest) | 99 | 98 | 100 (highest) |
| Capital allocation | 81 | 90 | 100 (highest) | 86 |
| 160% above value if growth stopped today (largest discount to value if growth stopped today) | 251% above value if growth stopped today | 358% above value if growth stopped today | 349% above value if growth stopped today | |
| Market cap | $4.9B | $2.84T | $3.87T | $22.6B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |