VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Saturday, January 3, 2026

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Stock Comparison

Constellation Software Inc. vs United Rentals, Inc.

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

Constellation Software Inc.

CSU · Toronto Stock Exchange

Market cap (USD)—

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorTechnology

Industry—

CountryCA

Data as of2026-01-02

Moat score

74/ 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 Constellation Software Inc.'s moat claims, evidence, and risks.

View CSU analysis

United Rentals, Inc.

URI · New York Stock Exchange

Market cap (USD)$54.3B

Gross margin (TTM)35.9%

Operating margin (TTM)25.1%

Net margin (TTM)15.8%

SectorIndustrials

IndustryRental & Leasing Services

CountryUS

Data as of2026-01-01

Moat score

63/ 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 United Rentals, Inc.'s moat claims, evidence, and risks.

View URI analysis

Comparison highlights

Moat score gap: Constellation Software Inc. leads (74 / 100 vs 63 / 100 for United Rentals, Inc.).
Segment focus: Constellation Software Inc. has 6 segments; United Rentals, Inc. has 2 segments (70.7% in General Rentals).
Moat breadth: Constellation Software Inc. has 3 moat types across 2 domains; United Rentals, Inc. has 9 across 3.

Primary market context

Constellation Software Inc.

Volaris Operating Group

Market

Vertical market software (VMS) portfolios across diverse industries (Volaris)

Geography

Global (North America, Continental Europe, UK, Australia, South America, Africa)

Customer

Organizations in specific verticals (mix of public and private sector)

Role

Vertical market software vendor (application provider + long-term maintainer)

United Rentals, Inc.

General Rentals

Market

Construction & industrial equipment rental (general line)

Geography

United States and Canada

Customer

Construction and industrial companies, manufacturers, utilities, municipalities, homeowners

Role

Equipment rental provider / fleet operator

Revenue share

70.7%

Side-by-side metrics

Constellation Software Inc.

United Rentals, Inc.

Ticker / Exchange

CSU - Toronto Stock Exchange

URI - New York Stock Exchange

Market cap (USD)

n/a

$54.3B

Gross margin (TTM)

n/a

35.9%

Operating margin (TTM)

n/a

25.1%

Net margin (TTM)

n/a

15.8%

Sector

Technology

Industrials

Industry

n/a

Rental & Leasing Services

HQ country

Primary segment

Volaris Operating Group

General Rentals

Market structure

Competitive

Market share

n/a

9.5%-11% (implied)

HHI estimate

n/a

Pricing power

Moderate

Moat score

74 / 100

63 / 100

Moat domains

Demand, Supply

Supply, Demand, Legal

Last update

2026-01-02

2026-01-01

Moat coverage

Shared moat types

Operational Excellence

Constellation Software Inc. strengths

Switching Costs GeneralInstalled Base Consumables

United Rentals, Inc. strengths

Physical Network DensityPreferential Input AccessData Workflow LockinBrand TrustService Field NetworkCompliance AdvantageScope EconomiesCapacity Moat

Segment mix

Constellation Software Inc. segments

Full profile >

Volaris Operating Group

Competitive

n/a

Harris Operating Group

Competitive

n/a

Topicus.com Operating Group

Competitive

n/a

Jonas Operating Group

Competitive

n/a

Perseus Operating Group

Competitive

n/a

Vela Operating Group

Competitive

n/a

United Rentals, Inc. segments

Full profile >

General Rentals

Competitive

70.7%

Specialty

Competitive

29.3%

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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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.