VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

American Express Company vs Edenred SE

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

American Express Company

AXP · New York Stock Exchange

Market cap (USD)$213.3B
Gross margin (TTM)83.5%
Operating margin (TTM)20.7%
Net margin (TTM)13.6%
SectorFinancials
IndustryFinancial - Credit Services
CountryUS
Data as of2026-05-27
Moat score
76/ 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 American Express Company's moat claims, evidence, and risks.

View AXP analysis

Edenred SE

EDEN · Euronext Paris

Market cap (USD)$6.2B
Gross margin (TTM)49.3%
Operating margin (TTM)33.2%
Net margin (TTM)19.3%
SectorFinancials
IndustryFinancial - Credit Services
CountryFR
Data as of2026-05-27
Moat score
68/ 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 Edenred SE's moat claims, evidence, and risks.

View EDEN analysis

Comparison highlights

  • Moat score gap: American Express Company leads (76 / 100 vs 68 / 100 for Edenred SE).
  • Segment focus: American Express Company has 4 segments (48% in U.S. Consumer Services); Edenred SE has 3 segments (67.6% in Benefits & Engagement).
  • Primary market structure: Oligopoly vs Oligopoly. Pricing power: Strong vs Moderate.
  • Moat breadth: American Express Company has 7 moat types across 3 domains; Edenred SE has 7 across 5.

Primary market context

American Express Company

U.S. Consumer Services

Market

U.S. premium consumer credit, charge, banking, lending, travel, dining and lifestyle card services

Geography

United States

Customer

Affluent and mass-affluent U.S. consumers

Role

Issuer, lender, rewards platform, banking provider, travel/dining service provider and closed-loop network participant

Revenue share

48%

Edenred SE

Benefits & Engagement

Market

Employee benefits and engagement solutions (meal vouchers, gift/incentives, engagement platforms)

Geography

Global

Customer

Employers / HR departments

Role

Issuer + payment network orchestrator (specific-purpose payments)

Revenue share

67.6%

Side-by-side metrics

American Express Company
Edenred SE
Ticker / Exchange
AXP - New York Stock Exchange
EDEN - Euronext Paris
Market cap (USD)
$213.3B
$6.2B
Gross margin (TTM)
83.5%
49.3%
Operating margin (TTM)
20.7%
33.2%
Net margin (TTM)
13.6%
19.3%
Sector
Financials
Financials
Industry
Financial - Credit Services
Financial - Credit Services
HQ country
US
FR
Primary segment
U.S. Consumer Services
Benefits & Engagement
Market structure
Oligopoly
Oligopoly
Market share
10.5%-11% (implied)
n/a
HHI estimate
n/a
n/a
Pricing power
Strong
Moderate
Moat score
76 / 100
68 / 100
Moat domains
Demand, Network, Supply
Legal, Network, Financial, Demand, Supply
Last update
2026-05-27
2026-05-27

Moat coverage

Shared moat types

Brand TrustTwo Sided Network

American Express Company strengths

Habit DefaultData Network EffectsData Workflow LockinProcurement InertiaScope Economies

Edenred SE strengths

Regulated Standards PipeFloat PrepaymentSwitching Costs GeneralCapex Knowhow ScaleSuite Bundling

Segment mix

American Express Company segments

Full profile >

U.S. Consumer Services

Oligopoly

48%

Commercial Services

Oligopoly

23.4%

International Card Services

Competitive

17.9%

Global Merchant and Network Services

Oligopoly

10.7%

Edenred SE segments

Full profile >

Benefits & Engagement

Oligopoly

67.6%

Mobility

Oligopoly

25%

Payment Solutions & New Markets

Competitive

7.5%

Want the full wide moat stocks list?

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Looking for expansion-stage stocks?

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.