VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Stock Comparison

Adyen N.V. vs U.S. Bancorp

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

Adyen N.V.

ADYEN · Euronext Amsterdam

Market cap (USD)$31.6B
Gross margin (TTM)69.8%
Operating margin (TTM)58.6%
Net margin (TTM)43.8%
SectorFinancials
IndustrySoftware - Infrastructure
CountryNL
Data as of2025-12-28
Moat score
63/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Adyen N.V.'s moat claims, evidence, and risks.

View ADYEN analysis

U.S. Bancorp

USB · New York Stock Exchange

Market cap (USD)$91.2B
Gross margin (TTM)62.8%
Operating margin (TTM)22.2%
Net margin (TTM)17.7%
SectorFinancials
IndustryBanks - Regional
CountryUS
Data as of2025-12-23
Moat score
62/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into U.S. Bancorp's moat claims, evidence, and risks.

View USB analysis

Comparison highlights

  • Moat score gap: Adyen N.V. leads (63 / 100 vs 62 / 100 for U.S. Bancorp).
  • Segment focus: Adyen N.V. has 3 segments (58.4% in Digital); U.S. Bancorp has 3 segments (42.8% in Wealth, Corporate, Commercial and Institutional Banking).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Moderate.
  • Moat breadth: Adyen N.V. has 6 moat types across 4 domains; U.S. Bancorp has 8 across 4.

Primary market context

Adyen N.V.

Digital

Market

Enterprise payment processing and acquiring for online/digital commerce

Geography

Global

Customer

Enterprise merchants and digital-native businesses

Role

PSP / gateway + processor + (direct or indirect) acquiring enablement

Revenue share

58.4%

U.S. Bancorp

Wealth, Corporate, Commercial and Institutional Banking

Market

U.S. corporate, commercial, institutional and wealth banking & advisory services

Geography

United States

Customer

Commercial, institutional, government and wealth clients

Role

Bank / financial intermediary

Revenue share

42.8%

Side-by-side metrics

Adyen N.V.
U.S. Bancorp
Ticker / Exchange
ADYEN - Euronext Amsterdam
USB - New York Stock Exchange
Market cap (USD)
$31.6B
$91.2B
Gross margin (TTM)
69.8%
62.8%
Operating margin (TTM)
58.6%
22.2%
Net margin (TTM)
43.8%
17.7%
Sector
Financials
Financials
Industry
Software - Infrastructure
Banks - Regional
HQ country
NL
US
Primary segment
Digital
Wealth, Corporate, Commercial and Institutional Banking
Market structure
Oligopoly
Competitive
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
63 / 100
62 / 100
Moat domains
Network, Demand, Legal, Supply
Demand, Supply, Legal, Financial
Last update
2025-12-28
2025-12-23

Moat coverage

Shared moat types

Data Workflow LockinCompliance AdvantageSuite Bundling

Adyen N.V. strengths

Data Network EffectsOperational ExcellenceSwitching Costs General

U.S. Bancorp strengths

Scope EconomiesPhysical Network DensityHabit DefaultCost Of Capital AdvantageScale Economies Unit Cost

Segment mix

Adyen N.V. segments

Full profile >

Digital

Oligopoly

58.4%

Unified Commerce

Competitive

30.6%

Platforms

Oligopoly

11%

U.S. Bancorp segments

Full profile >

Wealth, Corporate, Commercial and Institutional Banking

Competitive

42.8%

Consumer and Business Banking

Oligopoly

32.5%

Payment Services

Oligopoly

24.7%

Want the full wide moat stocks list?

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Proven models entering the expansion stage with unit economics that work.

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Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.