VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Stock Comparison

Brookfield Corporation vs Nasdaq, Inc.

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

Brookfield Corporation

BN · New York Stock Exchange

Market cap (USD)$103.2B
Gross margin (TTM)38.8%
Operating margin (TTM)28.6%
Net margin (TTM)1.7%
SectorFinancials
IndustryAsset Management
CountryCA
Data as of2026-01-05
Moat score
65/ 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 Brookfield Corporation's moat claims, evidence, and risks.

View BN analysis

Nasdaq, Inc.

NDAQ · NASDAQ

Market cap (USD)$46.7B
Gross margin (TTM)47.9%
Operating margin (TTM)28.4%
Net margin (TTM)21.8%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryUS
Data as of2025-12-31
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 Nasdaq, Inc.'s moat claims, evidence, and risks.

View NDAQ analysis

Comparison highlights

  • Moat score gap: Nasdaq, Inc. leads (76 / 100 vs 65 / 100 for Brookfield Corporation).
  • Segment focus: Brookfield Corporation has 6 segments; Nasdaq, Inc. has 3 segments (42.4% in Capital Access Platforms).
  • Moat breadth: Brookfield Corporation has 10 moat types across 5 domains; Nasdaq, Inc. has 9 across 5.

Primary market context

Brookfield Corporation

Asset Management

Market

Alternative asset management (private markets: infrastructure, renewables, private equity, real estate, credit)

Geography

Global

Customer

Institutional investors and private wealth channels

Role

General partner (GP) / asset manager

Nasdaq, Inc.

Capital Access Platforms

Market

Issuer and investor solutions: listings, index licensing, market data, and investment analytics/workflow platforms

Geography

Global (with major exposure to U.S. and Nordic/Baltic markets)

Customer

Public/private companies (issuers), asset managers, institutional investors, data subscribers

Role

Listing venue + index administrator/licensor + data/analytics provider

Revenue share

42.4%

Side-by-side metrics

Brookfield Corporation
Nasdaq, Inc.
Ticker / Exchange
BN - New York Stock Exchange
NDAQ - NASDAQ
Market cap (USD)
$103.2B
$46.7B
Gross margin (TTM)
38.8%
47.9%
Operating margin (TTM)
28.6%
28.4%
Net margin (TTM)
1.7%
21.8%
Sector
Financials
Financials
Industry
Asset Management
Financial - Data & Stock Exchanges
HQ country
CA
US
Primary segment
Asset Management
Capital Access Platforms
Market structure
Oligopoly
Oligopoly
Market share
n/a
80%-84% (reported)
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
65 / 100
76 / 100
Moat domains
Demand, Network, Financial, Supply, Legal
Legal, Network, Supply, Demand, Financial
Last update
2026-01-05
2025-12-31

Moat coverage

Shared moat types

Long Term ContractsBrand TrustPhysical Network Density

Brookfield Corporation strengths

Ecosystem ComplementsFloat PrepaymentCost Of Capital AdvantageCapex Knowhow ScalePermits Rights Of WayOperational ExcellenceGeographic Natural

Nasdaq, Inc. strengths

Concession LicenseTwo Sided NetworkDe Facto StandardBenchmark Pricing PowerData Workflow LockinCompliance Advantage

Segment mix

Brookfield Corporation segments

Full profile >

Asset Management

Oligopoly

n/a

Wealth Solutions (Insurance)

Competitive

n/a

Renewable Power and Transition

Competitive

n/a

Infrastructure

Oligopoly

n/a

Private Equity (Operating Businesses)

Competitive

n/a

Real Estate

Competitive

n/a

Nasdaq, Inc. segments

Full profile >

Market Services

Competitive

21.9%

Capital Access Platforms

Oligopoly

42.4%

Financial Technology

Competitive

35.6%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

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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.