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 | SPSC | FICO | AMAT | PYPL |
|---|---|---|---|---|
| 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 | 100 (highest) | 100 (highest) | 86 | 89 |
| Pricing power | 100 (highest) | 96 | 76 | — |
| Returns on capital | 54 | 100 (highest) | 100 (highest) | 77 |
| Balance-sheet safety | 100 (highest) | 40 | 73 | 81 |
| Capital allocation | 80 | 100 (highest) | 100 (highest) | 100 (highest) |
| 337% above value if growth stopped today | 250% above value if growth stopped today | 365% above value if growth stopped today | 3% above value if growth stopped today (largest discount to value if growth stopped today) | |
| Market cap | $3.2B | $17.1B | $354.2B | $51.6B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filing date | FY2025 | FY2025 | FY2025 | FY2025 |