VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 14, 2026

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Stock Comparison

Blackstone Inc. vs FactSet Research Systems Inc.

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

FactSet Research Systems Inc.

FDS · New York Stock Exchange

Market cap (USD)$11.1B

Gross margin (TTM)52.3%

Operating margin (TTM)31.7%

Net margin (TTM)25.4%

SectorFinancials

IndustryFinancial - Data & Stock Exchanges

CountryUS

Data as of2025-12-30

Moat score

85/ 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 FactSet Research Systems Inc.'s moat claims, evidence, and risks.

View FDS analysis

Comparison highlights

Moat score gap: FactSet Research Systems Inc. leads (85 / 100 vs 61 / 100 for Blackstone Inc.).
Segment focus: Blackstone Inc. has 4 segments; FactSet Research Systems Inc. has 2 segments.
Primary market structure: Oligopoly vs Oligopoly. Pricing power: n/a vs Moderate.
Moat breadth: Blackstone Inc. has 8 moat types across 2 domains; FactSet Research Systems Inc. has 6 across 3.

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

FactSet Research Systems Inc.

Hosted Platform (Workstations & Analytics)

Market

Financial data and analytics platforms for investment professionals

Geography

Global

Customer

Institutional investors and financial institutions

Role

Software and data platform vendor

Side-by-side metrics

Blackstone Inc.

FactSet Research Systems Inc.

Ticker / Exchange

BX - New York Stock Exchange

FDS - New York Stock Exchange

Market cap (USD)

n/a

$11.1B

Gross margin (TTM)

n/a

52.3%

Operating margin (TTM)

n/a

31.7%

Net margin (TTM)

n/a

25.4%

Sector

Financials

Industry

n/a

Financial - Data & Stock Exchanges

HQ country

Primary segment

Real Estate

Hosted Platform (Workstations & Analytics)

Market structure

Oligopoly

Market share

n/a

HHI estimate

n/a

Pricing power

n/a

Moderate

Moat score

61 / 100

85 / 100

Moat domains

Supply, Demand

Demand, Network, Legal

Last update

2026-01-12

2025-12-30

Moat coverage

Shared moat types

Suite Bundling

Blackstone Inc. strengths

Scale Economies Unit CostLong Term ContractsBrand TrustDistribution ControlScope EconomiesOperational ExcellencePreferential Input Access

FactSet Research Systems Inc. strengths

Data Workflow LockinSwitching Costs GeneralStandards RegistryDe Facto StandardConcession License

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

FactSet Research Systems Inc. segments

Full profile >

Hosted Platform (Workstations & Analytics)

Oligopoly

n/a

Identifier Platform (CUSIP Global Services)

Quasi-Monopoly

n/a

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.

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.