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 | QTWO | RBLX | BMBL | ASUR |
|---|---|---|---|---|
| Moat Score (0–100) | 47 (highest) | 47 (highest) | 47 (highest) | 47 (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 | 85 (highest) | 55 | 42 | 60 |
| Pricing power | 78 | 100 (highest) | 100 (highest) | 90 |
| Returns on capital | 4 (highest) | 0 | 0 | 0 |
| Balance-sheet safety | 43 | 55 (highest) | 28 | 23 |
| Capital allocation | 24 | 24 | 64 (highest) | 60 |
| 47341% above value if growth stopped today | No price data | No price data | 100% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $3.4B | $33.7B | $309M | $215M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |