VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Stock Comparison

Blackstone Inc. vs Wise plc

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)$145.7B
Gross margin (TTM)86.1%
Operating margin (TTM)51.9%
Net margin (TTM)21.8%
SectorFinancials
IndustryAsset Management
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

Wise plc

WISE · London Stock Exchange

Market cap (USD)$14.1B
Gross margin (TTM)56%
Operating margin (TTM)32.2%
Net margin (TTM)23.5%
SectorFinancials
IndustryInformation Technology Services
CountryGB
Data as of2026-04-24
Moat score
57/ 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 Wise plc's moat claims, evidence, and risks.

View WISE analysis

Comparison highlights

  • Moat score gap: Blackstone Inc. leads (61 / 100 vs 57 / 100 for Wise plc).
  • Segment focus: Blackstone Inc. has 4 segments; Wise plc has 2 segments (74.7% in Personal international account and cross-border transfers).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: n/a vs Weak.
  • Moat breadth: Blackstone Inc. has 8 moat types across 2 domains; Wise plc has 6 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

Wise plc

Personal international account and cross-border transfers

Market

Personal cross-border money movement, international account, card and multi-currency balance services

Geography

Global, across more than 160 countries and 40 currencies

Customer

Consumers, expatriates, travellers, migrants, freelancers and internationally active individuals

Role

Digital cross-border transfer, account, card, FX conversion and balance-management provider

Revenue share

74.7%

Side-by-side metrics

Blackstone Inc.
Wise plc
Ticker / Exchange
BX - New York Stock Exchange
WISE - London Stock Exchange
Market cap (USD)
$145.7B
$14.1B
Gross margin (TTM)
86.1%
56%
Operating margin (TTM)
51.9%
32.2%
Net margin (TTM)
21.8%
23.5%
Sector
Financials
Financials
Industry
Asset Management
Information Technology Services
HQ country
US
GB
Primary segment
Real Estate
Personal international account and cross-border transfers
Market structure
Oligopoly
Competitive
Market share
n/a
4.5%-5.5% (reported)
HHI estimate
n/a
n/a
Pricing power
n/a
Weak
Moat score
61 / 100
57 / 100
Moat domains
Supply, Demand
Supply, Demand, Financial, Network, Legal
Last update
2026-01-12
2026-04-24

Moat coverage

Shared moat types

Scale Economies Unit CostBrand Trust

Blackstone Inc. strengths

Long Term ContractsDistribution ControlScope EconomiesOperational ExcellencePreferential Input AccessSuite Bundling

Wise plc strengths

Float PrepaymentInteroperability HubData Workflow LockinCompliance Advantage

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

Wise plc segments

Full profile >

Personal international account and cross-border transfers

Competitive

74.7%

Wise Business and Wise Platform

Competitive

25.3%

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.