eXp World Holdings, Inc., together with its subsidiaries, provides cloud-based real estate brokerage services for residential homeowners and homebuyers. It operates through three segments: North American Realty, International Realty, and Other Affiliated Services. The company acts as a licensed broker for processing residential and commercial real estate transactions; and provides other real estate support services. It also offers FrameVR.io, a …
Full EXPI analysis →
Competitive advantage assessment
Key strengths
Strong Interest Coverage & Conservative LeverageDebt serviceability is strong (score 0.96), with robust interest coverage.
Margins Stable Across CyclesOperating margin volatility is low (stability score 0.98), demonstrating pricing resilience across cycles.
Key risks
ROIC Below WACC or PeersROIC at 34.7th percentile suggests inefficient capital deployment.
eXp World Holdings, Inc. ranks #20 of 51
scored companies in Real Estate Services by moat score — the top 39%.
The widest moat in the group is New England Realty Associates L (NEN)
at 79/100.
Moat scores for companies ranked near EXPI in Real Estate Services
Pricing power is the ability to raise prices without losing volume.
Cost Advantage
Score 78
· 15% of the moat score
A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.
Customer Stickiness
Score 45
· 15% of the moat score
Stickiness is what makes revenue repeat without being re-won every year.
Capital Efficiency
Score 29
· 18% of the moat score
Capital efficiency asks what the company earns on the money tied up in the business.
Resilience
Score 77
· 17% of the moat score
Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.
Scale & Market Position
Score 41
· 15% of the moat score
Scale matters only when it converts into economics.
eXp World Holdings, Inc. (EXPI) scores 53 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #20 of 51 scored companies in Real Estate Services, the top 39%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 51 companies in Real Estate Services. Its strongest defense is Cost Advantage (78/100) and its weakest is Capital Efficiency (29/100).
How does eXp World Holdings, Inc. compare with other Real Estate Services companies?
eXp World Holdings, Inc. ranks #20 of 51 scored companies in Real Estate Services by moat score. The widest moat in Real Estate Services is New England Realty Associates L (NEN) at 79/100. The companies ranked closest are CoStar Group, Inc. (CSGP) at 55 just above it and Anywhere Real Estate Inc. (HOUS) at 52 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 51 companies in Real Estate Services. The defenses are then weighted to produce the overall score out of 100.
Why is eXp World Holdings, Inc. scored with the Corporate Default template?
Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.
Which competitive defenses are measured for eXp World Holdings, Inc.?
The Corporate Default template measures 6 defenses, and EXPI scores: Pricing Power (50), Cost Advantage (78), Customer Stickiness (45), Capital Efficiency (29), Resilience (77), Scale & Market Position (41). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
We value your privacy
We use cookies to enhance your browsing experience, analyze site traffic, and personalize content. By clicking 'Accept All', you consent to our use of cookies.
Read our cookie policy
Cookie Preferences
Manage your cookie preferences. Essential cookies are always enabled.