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 | SHLS | OPRX | SSNC | QXL |
|---|---|---|---|---|
| Moat Score (0–100) | 45 | 46 (highest) | 45 | 45 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 70 | 80 (highest) | 69 | 50 |
| Pricing power | 55 | 70 | 77 (highest) | 70 |
| Returns on capital | 45 (highest) | 0 | 8 | 7 |
| Balance-sheet safety | 37 | 54 | 13 | 55 (highest) |
| Capital allocation | 19 | 24 | 60 (highest) | 44 |
| 254% above value if growth stopped today | No price data | 29% above value if growth stopped today (largest discount to value if growth stopped today) | No price data | |
| Market cap | $1.3B | $156M | $19.8B | $41.6M |
| Moat tier | Shallow moat | Shallow moat | Shallow moat | Shallow moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |