VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Monday, January 5, 2026
Stock Comparison
Caterpillar Inc. vs Deutsche Boerse AG
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Caterpillar Inc.
CAT · New York Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Caterpillar Inc.'s moat claims, evidence, and risks.
View CAT analysisDeutsche Boerse AG
DB1 · Xetra
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Deutsche Boerse AG's moat claims, evidence, and risks.
View DB1 analysisComparison highlights
- Moat score gap: Deutsche Boerse AG leads (81 / 100 vs 68 / 100 for Caterpillar Inc.).
- Segment focus: Caterpillar Inc. has 5 segments (40.7% in Energy & Transportation); Deutsche Boerse AG has 8 segments (28.2% in Securities Services (Clearstream: ICSD/CSD settlement + custody)).
- Primary market structure: Oligopoly vs Duopoly. Pricing power: Moderate vs Moderate.
- Moat breadth: Caterpillar Inc. has 9 moat types across 4 domains; Deutsche Boerse AG has 12 across 5.
Primary market context
Caterpillar Inc.
Energy & Transportation
Off-highway engines, power generation, turbines, locomotives and related services
Global
Energy companies, industrial customers, OEMs, rail and marine operators
OEM + aftermarket parts/service
40.7%
Deutsche Boerse AG
Securities Services (Clearstream: ICSD/CSD settlement + custody)
Securities settlement and custody infrastructure (ICSD/CSD) for Eurobonds and domestic markets
Global (Eurobonds + multiple domestic markets)
Custodian banks, broker-dealers, central banks, institutional investors
Settlement/custody infrastructure and asset servicing
28.2%
Side-by-side metrics
Moat coverage
Shared moat types
Caterpillar Inc. strengths
Deutsche Boerse AG strengths
Segment mix
Caterpillar Inc. segments
Full profile >Construction Industries
Oligopoly
Resource Industries
Oligopoly
Energy & Transportation
Oligopoly
Financial Products
Competitive
All Other
Competitive
Deutsche Boerse AG segments
Full profile >Financial Derivatives (Eurex trading + Eurex Clearing)
Oligopoly
Commodities (EEX marketplaces + clearing)
Oligopoly
Cash Equities (Xetra + Boerse Frankfurt)
Quasi-Monopoly
FX & Digital Assets (360T + Crypto Finance)
Competitive
Securities Services (Clearstream: ICSD/CSD settlement + custody)
Duopoly
Fund Services (Vestima fund processing + Fund Centre distribution)
Oligopoly
Software Solutions (SimCorp + Axioma Analytics)
Competitive
ESG & Index (ISS STOXX: indices + ESG/governance data)
Oligopoly
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View the moat stocks listCuration & 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.