WIDE MOAT STOCKS COMPARISON

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Stock Comparison

BlackRock, Inc. vs SS&C Technologies Holdings, Inc.

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

BlackRock, Inc.

BLK · New York Stock Exchange

Market cap (USD)$196.8B
Gross margin (TTM)—
Operating margin (TTM)32.5%
Net margin (TTM)24.2%
SectorFinancials
IndustryAsset management
CountryUS
Data as of2026-08-23
68/100
Moat score

Weighted across the company's segments.

Full stock profile

Dive deeper into BlackRock, Inc.'s moat claims, evidence, and risks.

View BLK analysis

SS&C Technologies Holdings, Inc.

SSNC · The Nasdaq Global Select Market

Market cap (USD)$18.3B
Gross margin (TTM)48.2%
Operating margin (TTM)23.8%
Net margin (TTM)12.8%
SectorTechnology
IndustryApplication software
CountryUS
Data as of2026-08-23
78/100
Moat score

Weighted across the company's segments.

Full stock profile

Dive deeper into SS&C Technologies Holdings, Inc.'s moat claims, evidence, and risks.

View SSNC analysis

Comparison highlights

  • Moat score gap: SS&C Technologies Holdings, Inc. leads (78 / 100 vs 68 / 100 for BlackRock, Inc.).
  • Segment focus: BlackRock, Inc. has 7 segments (33.4% in iShares ETFs & ETPs); SS&C Technologies Holdings, Inc. has 3 segments (82.6% in Technology-enabled services excluding Calastone).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Moderate.
  • Moat breadth: BlackRock, Inc. has 6 moat types across 2 domains; SS&C Technologies Holdings, Inc. has 3 across 3.

Primary market context

BlackRock, Inc.

iShares ETFs & ETPs

Market

Exchange-traded funds (ETFs) and exchange-traded products (ETPs)

Geography

Global

Customer

Institutional and retail (via intermediaries)

Role

ETF sponsor / asset manager

Revenue share

33.4%

SS&C Technologies Holdings, Inc.

Technology-enabled services excluding Calastone

Market

Software-enabled outsourcing and subscription services for financial services and healthcare (fund administration, transfer agency, middle/back office BPO, managed IT)

Geography

Global

Customer

Financial services firms (asset/wealth managers, alternative managers, banks, insurers) and healthcare payers/administrators

Role

Service provider / outsourcer (SaaS + BPO)

Revenue share

82.6%

Side-by-side metrics

BlackRock, Inc.
SS&C Technologies Holdings, Inc.
Ticker / Exchange
BLK - New York Stock Exchange
SSNC - The Nasdaq Global Select Market
Market cap (USD)
$196.8B
$18.3B
Gross margin (TTM)
n/a
48.2%
Operating margin (TTM)
32.5%
23.8%
Net margin (TTM)
24.2%
12.8%
Sector
Financials
Technology
Industry
Asset management
Application software
HQ country
US
US
Primary segment
iShares ETFs & ETPs
Technology-enabled services excluding Calastone
Market structure
Oligopoly
Competitive
Market share
27.3% (reported)
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
68 / 100
78 / 100
Moat domains
Supply, Demand
Demand, Supply, Network
Last update
2026-09-05
2026-09-05

Moat coverage

Shared moat types

Scale Economies Unit CostData Workflow Lockin

BlackRock, Inc. strengths

Brand TrustOperational ExcellenceLong Term ContractsSuite Bundling

SS&C Technologies Holdings, Inc. strengths

Two Sided Network

Segment mix

BlackRock, Inc. segments

Full profile >

iShares ETFs & ETPs

Oligopoly

33.4%

Institutional Index Mandates (Non-ETF)

Oligopoly

5.5%

Active & Multi-Asset (Public Markets)

Competitive

23.5%

Alternatives & Private Markets

Oligopoly

17.6%

Cash Management (MMFs & cash solutions)

Competitive

5.1%

Aladdin & Technology Services

Oligopoly

8.2%

Distribution & Advisory Services

Competitive

6.7%

SS&C Technologies Holdings, Inc. segments

Full profile >

Technology-enabled services excluding Calastone

Competitive

82.6%

License, maintenance and related

Competitive

16.9%

Funds network connectivity (Calastone)

Oligopoly

0.5%

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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.