VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

Salesforce, Inc. vs SAP SE

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

Salesforce, Inc.

CRM · New York Stock Exchange

Market cap (USD)$170.3B
Gross margin (TTM)77.7%
Operating margin (TTM)21.5%
Net margin (TTM)18%
SectorTechnology
IndustrySoftware - Application
CountryUS
Data as of2026-05-27
Moat score
71/ 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 Salesforce, Inc.'s moat claims, evidence, and risks.

View CRM analysis

SAP SE

SAP · XETRA

Market cap (USD)$203.7B
Gross margin (TTM)73.2%
Operating margin (TTM)27.8%
Net margin (TTM)20%
SectorTechnology
IndustrySoftware - Application
CountryDE
Data as of2026-05-27
Moat score
66/ 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 SAP SE's moat claims, evidence, and risks.

View SAP analysis

Comparison highlights

  • Moat score gap: Salesforce, Inc. leads (71 / 100 vs 66 / 100 for SAP SE).
  • Segment focus: Salesforce, Inc. has 3 segments (79.8% in CRM Applications Suite (Sales, Service, Platform, Marketing & Commerce)); SAP SE has 2 segments (89.3% in Applications, Technology & Support).
  • Moat breadth: Salesforce, Inc. has 6 moat types across 2 domains; SAP SE has 6 across 3.

Primary market context

Salesforce, Inc.

CRM Applications Suite (Sales, Service, Platform, Marketing & Commerce)

Market

CRM applications (sales, customer service, marketing, digital commerce) delivered as SaaS

Geography

Global

Customer

Business (SMB to enterprise)

Role

SaaS application & platform vendor

Revenue share

79.8%

SAP SE

Applications, Technology & Support

Market

Enterprise application software suites, ERP-centric cloud subscriptions, software support, and platform services

Geography

Global

Customer

Large enterprises and upper mid-market

Role

Software vendor (SaaS + on-prem support + platform)

Revenue share

89.3%

Side-by-side metrics

Salesforce, Inc.
SAP SE
Ticker / Exchange
CRM - New York Stock Exchange
SAP - XETRA
Market cap (USD)
$170.3B
$203.7B
Gross margin (TTM)
77.7%
73.2%
Operating margin (TTM)
21.5%
27.8%
Net margin (TTM)
18%
20%
Sector
Technology
Technology
Industry
Software - Application
Software - Application
HQ country
US
DE
Primary segment
CRM Applications Suite (Sales, Service, Platform, Marketing & Commerce)
Applications, Technology & Support
Market structure
Oligopoly
Oligopoly
Market share
20.7% (reported)
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
71 / 100
66 / 100
Moat domains
Demand, Network
Demand, Network, Legal
Last update
2026-05-27
2026-05-27

Moat coverage

Shared moat types

Data Workflow LockinSuite BundlingEcosystem ComplementsLong Term Contracts

Salesforce, Inc. strengths

Interoperability HubTraining Org Change Costs

SAP SE strengths

Compliance AdvantageBrand Trust

Segment mix

Salesforce, Inc. segments

Full profile >

CRM Applications Suite (Sales, Service, Platform, Marketing & Commerce)

Oligopoly

79.8%

Integration & Analytics (MuleSoft, Tableau, related subscriptions)

Competitive

15%

Professional Services & Other

Competitive

5.1%

SAP SE segments

Full profile >

Applications, Technology & Support

Oligopoly

89.3%

Core Services

Competitive

10.7%

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.