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.

Try AAPL vs MSFT vs KO, V vs MA, or COST vs WMT vs TGT.

TTEC · Technology · Shallow moat

Shallow moat

On the watchlist

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%.

SHLS · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

QXL · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

XLAB · Technology · Shallow moat

Shallow moat

Doesn't clear the bar

The returnsOnCapital component abstained: Not enough years of ROIC data to score returns on capital. The other four 20% weights were renormalized over the scored 80%.

MeasureTTECSHLSQXLXLAB
Moat Score (0–100)45 (highest)45 (highest)45 (highest)45 (highest)
Methodology versionmoat-index@3.0.0moat-index@3.0.0moat-index@3.0.0moat-index@3.0.0
Business trend2770 (highest)5050
Pricing power—5570 (highest)32
Returns on capital93 (highest)457—
Balance-sheet safety283755 (highest)55 (highest)
Capital allocation331944 (highest)44 (highest)
84% below value if growth stopped today (largest discount to value if growth stopped today)224% above value if growth stopped todayNo price dataNo price data
Market cap$73.3M$1.2B$47.1MNot reported
Moat tierShallow moatShallow moatShallow moatShallow moat
Filing dateFY2025FY2025FY2025FY2026