VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 14, 2026

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Stock Comparison

Blackstone Inc. vs Edenred SE

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

Blackstone Inc.

BX · New York Stock Exchange

Market cap (USD)—

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorFinancials

Industry—

CountryUS

Data as of2026-01-12

Moat score

61/ 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 Blackstone Inc.'s moat claims, evidence, and risks.

View BX analysis

Edenred SE

EDEN · Euronext Paris

Market cap (USD)$4.4B

Gross margin (TTM)47%

Operating margin (TTM)31.7%

Net margin (TTM)15.6%

SectorFinancials

IndustryFinancial - Credit Services

CountryFR

Data as of2025-12-28

Moat score

67/ 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: Edenred SE leads (67 / 100 vs 61 / 100 for Blackstone Inc.).
Segment focus: Blackstone Inc. has 4 segments; Edenred SE has 3 segments (65.2% in Benefits & Engagement).
Primary market structure: Oligopoly vs Oligopoly. Pricing power: n/a vs Moderate.
Moat breadth: Blackstone Inc. has 8 moat types across 2 domains; Edenred SE has 7 across 5.

Primary market context

Blackstone Inc.

Real Estate

Market

Private real estate investment management (opportunistic, core/core+, real estate debt, and perpetual/private-wealth real estate vehicles)

Geography

Global

Customer

Institutional investors and individual investors (via private wealth channels)

Role

Alternative asset manager / GP / investment adviser

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

65.2%

Side-by-side metrics

Blackstone Inc.

Edenred SE

Ticker / Exchange

BX - New York Stock Exchange

EDEN - Euronext Paris

Market cap (USD)

n/a

$4.4B

Gross margin (TTM)

n/a

47%

Operating margin (TTM)

n/a

31.7%

Net margin (TTM)

n/a

15.6%

Sector

Financials

Industry

n/a

Financial - Credit Services

HQ country

Primary segment

Real Estate

Benefits & Engagement

Market structure

Oligopoly

Market share

n/a

HHI estimate

n/a

Pricing power

n/a

Moderate

Moat score

61 / 100

67 / 100

Moat domains

Supply, Demand

Legal, Network, Financial, Demand, Supply

Last update

2026-01-12

2025-12-28

Moat coverage

Shared moat types

Brand TrustSuite Bundling

Blackstone Inc. strengths

Scale Economies Unit CostLong Term ContractsDistribution ControlScope EconomiesOperational ExcellencePreferential Input Access

Edenred SE strengths

Regulated Standards PipeTwo Sided NetworkFloat PrepaymentSwitching Costs GeneralCapex Knowhow Scale

Segment mix

Blackstone Inc. segments

Full profile >

Real Estate

Oligopoly

n/a

Private Equity

Oligopoly

n/a

Credit & Insurance

Oligopoly

n/a

Multi-Asset Investing

Oligopoly

n/a

Edenred SE segments

Full profile >

Benefits & Engagement

Oligopoly

65.2%

Mobility

Oligopoly

23.9%

Complementary Solutions

Competitive

10.8%

Want the full wide moat stocks list?

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

View the moat stocks list

Looking for expansion-stage stocks?

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

View expansion-stage stocks

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.