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 | UI | VEEV | PCTY | DOCS |
|---|---|---|---|---|
| Moat Score (0–100) | 93 | 94 (highest) | 94 (highest) | 93 |
| Methodology version | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 | moat-index@3.0.0 |
| Business trend | 95 | 100 (highest) | 100 (highest) | 88 |
| Pricing power | 70 | 100 (highest) | 94 | 100 (highest) |
| Returns on capital | 100 (highest) | 93 | 100 (highest) | 96 |
| Balance-sheet safety | 100 (highest) | 100 (highest) | 100 (highest) | 100 (highest) |
| Capital allocation | 100 (highest) | 77 | 74 | 80 |
| 688% above value if growth stopped today | 630% above value if growth stopped today | 160% above value if growth stopped today (largest discount to value if growth stopped today) | 172% above value if growth stopped today | |
| Market cap | $35.7B | $42.6B | $7.7B | $4.8B |
| Moat tier | Wide moat | Wide moat | Wide moat | Wide moat |
| Filing date | FY2026 | FY2026 | FY2026 | FY2026 |