Research · refreshed nightly · July 28, 2026
Wide-Moat Businesses at Fair Prices (July 2026)
Defensibility without the premium ticket.
Defensibility usually trades at a premium; this list collects the exceptions: wide-moat businesses at fair prices. S&P Global carries the widest moat here at 88, with MSCI at 85 and Meta at 83, and the ordering favors moats the price does not already celebrate. The median moat score across the 50 is 73.
The mix is the interesting part: $1.5T Meta and $443B Mastercard share a table with $882M Vitec Software and $12B Guidewire. A moat score measures how hard a business is to attack, not how fast it grows, and several names here compound revenue in the low teens. Click any company for the full citation-backed analysis of the moat itself.
50companies qualify
73median moat
64median MGI
56joined this week
The ranking
Sorted by moat
1
Mastercard IncorporatedMA🇺🇸
moat 88 · revenue +12%/yr · asset light
G 64V 57O 69Cap $465.3B
MGI
64
MVI
57
MTI
48
MOI
69
Cap
$465.3B
Growth
+16%2
Games Workshop Group PLCGAW.GB🇬🇧
moat 82 · revenue +16%/yr · asset light
G 61V 55O 64Cap $8.7B
MGI
61
MVI
55
MTI
27
MOI
64
Cap
$8.7B
Growth
+18%3
Constellation Software Inc.CSU.CA🇨🇦
moat 82 · revenue +19%/yr · scale economics
G 70V 60O 75Cap $47.1B
MGI
70
MVI
60
MTI
38
MOI
75
Cap
$47.1B
Growth
+20%4
Gaztransport et Technigaz S.A.GTT.FR🇫🇷
moat 80 · revenue +15%/yr · asset light
G 68V 64O 76Cap $7.3B
MGI
68
MVI
64
MTI
42
MOI
76
Cap
$7.3B
Growth
+25%5
Amazon.com, Inc.AMZN🇺🇸
moat 80 · revenue +10%/yr · asset light
G 46V 57O 49Cap $2.36T
MGI
46
MVI
57
MTI
42
MOI
49
Cap
$2.36T
Growth
+17%6
Veeva Systems Inc.VEEV🇺🇸
moat 78 · revenue +14%/yr · asset light
G 75V 68O 87Cap $28.5B
MGI
75
MVI
68
MTI
37
MOI
87
Cap
$28.5B
Growth
+14%7
Novonesis A/SNSIS.B.DK🇩🇰
moat 78 · revenue +16%/yr · asset light
G 56V 55O 58Cap $29.0B
MGI
56
MVI
55
MTI
33
MOI
58
Cap
$29.0B
Growth
+14%8
KANZHUN LIMITEDBZ🇨🇳
moat 78 · revenue +15%/yr · asset light
G 68V 61O 73Cap $7.0B
MGI
68
MVI
61
MTI
46
MOI
73
Cap
$7.0B
Growth
+8%9
Guidewire Software, Inc.GWRE🇺🇸
moat 78 · revenue +14%/yr · asset light
G 71V 64O 79Cap $12.1B
MGI
71
MVI
64
MTI
32
MOI
79
Cap
$12.1B
Growth
+27%10
RENK Group AGR3NK.DE🇩🇪
moat 77 · revenue +15%/yr · scale economics
G 68V 58O 72Cap $5.5B
MGI
68
MVI
58
MTI
34
MOI
72
Cap
$5.5B
Growth
+4%11
Rightmove plcRMV.GB🇬🇧
moat 77 · revenue +16%/yr · asset light
G 64V 63O 70Cap $4.9B
MGI
64
MVI
63
MTI
57
MOI
70
Cap
$4.9B
Growth
+9%12
Baltic Classifieds Group PLCBCG.LT🇱🇹
moat 76 · revenue +10%/yr · asset light
G 43V 58O 46Cap $1.1B
MGI
43
MVI
58
MTI
33
MOI
46
Cap
$1.1B
Growth
+15%13
Autodesk, Inc.ADSK🇺🇸
moat 76 · revenue +12%/yr · asset light
G 60V 60O 65Cap $48.9B
MGI
60
MVI
60
MTI
42
MOI
65
Cap
$48.9B
Growth
+18%14
Scout24 SEG24.DE🇩🇪
moat 75 · revenue +12%/yr · asset light
G 59V 59O 64Cap $5.6B
MGI
59
MVI
59
MTI
42
MOI
64
Cap
$5.6B
Growth
+29%15
Evolution AB (publ)EVO.SE🇸🇪
moat 75 · revenue +15%/yr · asset light
G 62V 64O 69Cap $13.7B
MGI
62
MVI
64
MTI
57
MOI
69
Cap
$13.7B
Growth
-18%16
Intuit Inc.INTU🇺🇸
moat 75 · revenue +15%/yr · asset light
G 61V 66O 68Cap $95.3B
MGI
61
MVI
66
MTI
40
MOI
68
Cap
$95.3B
Growth
+10%17
CCC Intelligent Solutions Holdings Inc.CCC🇺🇸
moat 74 · revenue +10%/yr · asset light
G 48V 61O 51Cap $3.5B
MGI
48
MVI
61
MTI
35
MOI
51
Cap
$3.5B
Growth
+14%18
Autotrader Group plcAUTO.GB🇬🇧
moat 74 · revenue +10%/yr · asset light
G 51V 61O 57Cap $5.2B
MGI
51
MVI
61
MTI
33
MOI
57
Cap
$5.2B
Growth
+4%19
AppLovin CorporationAPP🇺🇸
moat 74 · revenue +17%/yr · asset light
G 72V 58O 76Cap $136.2B
MGI
72
MVI
58
MTI
60
MOI
76
Cap
$136.2B
Growth
+24%20
Franco-Nevada CorporationFNV🇨🇦
moat 74 · revenue +10%/yr · asset light
G 59V 55O 61Cap $41.3B
MGI
59
MVI
55
MTI
42
MOI
61
Cap
$41.3B
Growth
+77%21
Alnylam Pharmaceuticals, Inc.ALNY🇺🇸
moat 73 · revenue +38%/yr · asset light
G 76V 58O 80Cap $40.7B
MGI
76
MVI
58
MTI
42
MOI
80
Cap
$40.7B
Growth
+96%22
Insulet CorporationPODD🇺🇸
moat 73 · revenue +21%/yr · asset light
G 72V 62O 78Cap $13.0B
MGI
72
MVI
62
MTI
37
MOI
78
Cap
$13.0B
Growth
+34%23
Pure Cycle CorporationPCYO🇺🇸
moat 73 · revenue +18%/yr · scale economics
G 70V 59O 72Cap $257.3M
MGI
70
MVI
59
MTI
28
MOI
72
Cap
$257.3M
Growth
+60%24
AutoStore Holdings Ltd.AUTO.NO🇳🇴
moat 73 · revenue +14%/yr · asset light
G 67V 58O 70Cap $4.3B
MGI
67
MVI
58
MTI
46
MOI
70
Cap
$4.3B
Growth
-89%25
ResMed Inc.RMD🇺🇸
moat 73 · revenue +10%/yr · asset light
G 67V 62O 75Cap $31.0B
MGI
67
MVI
62
MTI
42
MOI
75
Cap
$31.0B
Growth
+11%26
DoubleVerify Holdings, Inc.DV🇺🇸
moat 73 · revenue +18%/yr · asset light
G 67V 73O 78Cap $1.6B
MGI
67
MVI
73
MTI
43
MOI
78
Cap
$1.6B
Growth
+10%27
Doximity, Inc.DOCS🇺🇸
moat 73 · revenue +15%/yr · asset light
G 60V 63O 65Cap $4.0B
MGI
60
MVI
63
MTI
40
MOI
65
Cap
$4.0B
Growth
+5%28
Wheaton Precious Metals Corp.WPM🇨🇦
moat 73 · revenue +18%/yr · asset light
G 55V 60O 60Cap $50.9B
MGI
55
MVI
60
MTI
38
MOI
60
Cap
$50.9B
Growth
+92%29
EssilorLuxottica S.A.EL.FR🇫🇷
moat 73 · revenue +15%/yr · asset light
G 53V 58O 57Cap $86.3B
MGI
53
MVI
58
MTI
40
MOI
57
Cap
$86.3B
Growth
+8%30
Roper Technologies, Inc.ROP🇺🇸
moat 73 · revenue +11%/yr · asset light
G 45V 59O 49Cap $35.6B
MGI
45
MVI
59
MTI
38
MOI
49
Cap
$35.6B
Growth
+11%31
Karman Holdings Inc.KRMN🇺🇸
moat 73 · revenue +23%/yr · scale economics
G 44V 55O 45Cap $6.7B
MGI
44
MVI
55
MTI
42
MOI
45
Cap
$6.7B
Growth
+51%32
Terna S.p.A.TRN.IT🇮🇹
moat 73 · revenue +10%/yr · asset light
G 40V 66O 46Cap $22.0B
MGI
40
MVI
66
MTI
22
MOI
46
Cap
$22.0B
Growth
-1%33
Paxman ABPAX.GB🇬🇧
moat 72 · revenue +27%/yr · asset light
G 65V 62O 69Cap $128.5M
MGI
65
MVI
62
MTI
24
MOI
69
Cap
$128.5M
Growth
+33%34
Goodwin PLCGDWN.GB🇬🇧
moat 72 · revenue +13%/yr · scale economics
G 76V 59O 80Cap $2.0B
MGI
76
MVI
59
MTI
29
MOI
80
Cap
$2.0B
Growth
+15%35
London Stock Exchange Group plcLSEG.GB🇬🇧
moat 72 · revenue +36%/yr · asset light
G 54V 63O 60Cap $59.3B
MGI
54
MVI
63
MTI
36
MOI
60
Cap
$59.3B
Growth
+6%36
Vericel CorporationVCEL🇺🇸
moat 72 · revenue +13%/yr · asset light
G 70V 55O 72Cap $2.3B
MGI
70
MVI
55
MTI
28
MOI
72
Cap
$2.3B
Growth
+30%37
Intapp, Inc.INTA🇺🇸
moat 72 · revenue +18%/yr · asset light
G 66V 75O 75Cap $2.1B
MGI
66
MVI
75
MTI
42
MOI
75
Cap
$2.1B
Growth
+13%38
Medistim ASAMEDI.NO🇳🇴
moat 72 · revenue +11%/yr · asset light
G 58V 59O 60Cap $450.1M
MGI
58
MVI
59
MTI
28
MOI
60
Cap
$450.1M
Growth
+33%39
Afya LimitedAFYA🇧🇷
moat 72 · revenue +17%/yr · asset light
G 56V 70O 64Cap $1.3B
MGI
56
MVI
70
MTI
48
MOI
64
Cap
$1.3B
Growth
+19%40
Zscaler, Inc.ZS🇺🇸
moat 72 · revenue +33%/yr · asset light
G 71V 64O 76Cap $22.5B
MGI
71
MVI
64
MTI
46
MOI
76
Cap
$22.5B
Growth
+25%41
Intea Fastigheter AB (publ)INTEA.B.SE🇸🇪
moat 72 · revenue +19%/yr · asset light
G 49V 57O 52Cap $2.1B
MGI
49
MVI
57
MTI
28
MOI
52
Cap
$2.1B
Growth
+19%42
CoStar Group, Inc.CSGP🇺🇸
moat 72 · revenue +12%/yr · asset light
G 65V 61O 69Cap $14.3B
MGI
65
MVI
61
MTI
50
MOI
69
Cap
$14.3B
Growth
+23%43
Salesforce, Inc.CRM🇺🇸
moat 72 · revenue +11%/yr · asset light
G 47V 63O 51Cap $143.4B
MGI
47
MVI
63
MTI
52
MOI
51
Cap
$143.4B
Growth
+13%44
MercadoLibre, Inc.MELI🇺🇾
moat 72 · revenue +35%/yr · scale economics
G 73V 72O 84Cap $90.0B
MGI
73
MVI
72
MTI
38
MOI
84
Cap
$90.0B
Growth
+49%45
Iron Mountain IncorporatedIRM🇺🇸
moat 72 · revenue +10%/yr · asset light
G 36V 55O 37Cap $34.1B
MGI
36
MVI
55
MTI
46
MOI
37
Cap
$34.1B
Growth
+22%46
Frequentis AGFQT.AT🇦🇹
moat 72 · revenue +14%/yr · asset light
G 71V 70O 79Cap $1.1B
MGI
71
MVI
70
MTI
35
MOI
79
Cap
$1.1B
Growth
+21%47
Arista Networks, Inc.ANET🇺🇸
moat 72 · revenue +27%/yr · asset light
G 68V 59O 73Cap $184.8B
MGI
68
MVI
59
MTI
48
MOI
73
Cap
$184.8B
Growth
+27%48
Cambi ASACAMBI.NO🇳🇴
moat 72 · revenue +13%/yr · asset light
G 61V 68O 66Cap $297M
MGI
61
MVI
68
MTI
55
MOI
66
Cap
$297M
Growth
-24%
Changed this week
Week over week, from the nightly refresh.
Entered
AutoStore Holdings Ltd. (AUTO.NO) · joined at #24 · moat 73 · revenue +14%/yr · asset light
EnteredPaxman AB (PAX.GB) · joined at #33 · moat 72 · revenue +27%/yr · asset light
EnteredIntea Fastigheter AB (publ) (INTEA.B.SE) · joined at #41 · moat 72 · revenue +19%/yr · asset light
EnteredSalesforce, Inc. (CRM) · joined at #43 · moat 72 · revenue +11%/yr · asset light
EnteredMercadoLibre, Inc. (MELI) · joined at #44 · moat 72 · revenue +35%/yr · scale economics
+7 more
FQT.AT, ANET, EXENS.FR, G24.DE, MEDI.NO, AFYA, LSEG.GB also joined
Left
CDI.FR, DSG.CA, AOF.DE, PCOR, HALO, BSY, ARGX, TAYD, TNIE.DE, MELI, WSE, EXENS.FR
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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-07-28.