VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Stock Comparison

DLocal Limited vs Jack Henry & Associates, Inc.

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

DLocal Limited

DLO · Nasdaq Global Select Market

Market cap (USD)$3.9B
Gross margin (TTM)38.6%
Operating margin (TTM)20.8%
Net margin (TTM)17.8%
SectorTechnology
IndustrySoftware - Infrastructure
CountryUY
Data as of2025-12-27
Moat score
53/ 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 DLocal Limited's moat claims, evidence, and risks.

View DLO analysis

Jack Henry & Associates, Inc.

JKHY · Nasdaq

Market cap (USD)$11.5B
Gross margin (TTM)43.8%
Operating margin (TTM)25.9%
Net margin (TTM)20.6%
SectorTechnology
IndustryInformation Technology Services
CountryUS
Data as of2025-12-25
Moat score
59/ 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 Jack Henry & Associates, Inc.'s moat claims, evidence, and risks.

View JKHY analysis

Comparison highlights

  • Moat score gap: Jack Henry & Associates, Inc. leads (59 / 100 vs 53 / 100 for DLocal Limited).
  • Segment focus: DLocal Limited has 1 segment; Jack Henry & Associates, Inc. has 3 segments (36.8% in Payments).
  • Moat breadth: DLocal Limited has 4 moat types across 3 domains; Jack Henry & Associates, Inc. has 7 across 3.

Primary market context

DLocal Limited

Payment processing platform (Pay-ins & Pay-outs)

Market

Cross-border payment processing for global merchants in emerging markets

Geography

Global; emerging markets focus (Africa, Asia, Latin America, Middle East)

Customer

Enterprise merchants and platforms

Role

Payment service provider / processor

Jack Henry & Associates, Inc.

Payments

Market

Payment processing and transaction services for financial institutions (card, ACH, bill pay, faster payments, settlement support)

Geography

United States

Customer

Banks, credit unions, and their accountholders; businesses via FI clients

Role

Processor and settlement/risk services provider

Revenue share

36.8%

Side-by-side metrics

DLocal Limited
Jack Henry & Associates, Inc.
Ticker / Exchange
DLO - Nasdaq Global Select Market
JKHY - Nasdaq
Market cap (USD)
$3.9B
$11.5B
Gross margin (TTM)
38.6%
43.8%
Operating margin (TTM)
20.8%
25.9%
Net margin (TTM)
17.8%
20.6%
Sector
Technology
Technology
Industry
Software - Infrastructure
Information Technology Services
HQ country
UY
US
Primary segment
Payment processing platform (Pay-ins & Pay-outs)
Payments
Market structure
Competitive
Competitive
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
53 / 100
59 / 100
Moat domains
Supply, Legal, Demand
Demand, Legal, Supply
Last update
2025-12-27
2025-12-25

Moat coverage

Shared moat types

Compliance AdvantageSwitching Costs General

DLocal Limited strengths

Capex Knowhow ScaleOperational Excellence

Jack Henry & Associates, Inc. strengths

Long Term ContractsSuite BundlingScale Economies Unit CostData Workflow LockinBrand Trust

Segment mix

DLocal Limited segments

Full profile >

Payment processing platform (Pay-ins & Pay-outs)

Competitive

n/a

Jack Henry & Associates, Inc. segments

Full profile >

Core

Oligopoly

31.1%

Payments

Competitive

36.8%

Complementary

Competitive

28.4%

Want the full wide moat stocks list?

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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.