VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Saturday, January 3, 2026

Stock Comparison

Dassault Systemes SE vs Honeywell International Inc.

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

Dassault Systemes SE

DSY · Euronext Paris

Market cap (USD)$30.9B
Gross margin (TTM)81%
Operating margin (TTM)21.4%
Net margin (TTM)18.6%
SectorTechnology
IndustrySoftware - Application
CountryFR
Data as of2025-12-29
Moat score
72/ 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 Dassault Systemes SE's moat claims, evidence, and risks.

View DSY analysis

Honeywell International Inc.

HON · The Nasdaq Stock Market LLC

Market cap (USD)
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorIndustrials
Industry
CountryUS
Data as of2026-01-02
Moat score
58/ 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 Honeywell International Inc.'s moat claims, evidence, and risks.

View HON analysis

Comparison highlights

  • Moat score gap: Dassault Systemes SE leads (72 / 100 vs 58 / 100 for Honeywell International Inc.).
  • Segment focus: Dassault Systemes SE has 3 segments (55% in Industrial Innovation); Honeywell International Inc. has 4 segments (40.2% in Aerospace Technologies).
  • Moat breadth: Dassault Systemes SE has 7 moat types across 4 domains; Honeywell International Inc. has 9 across 2.

Primary market context

Dassault Systemes SE

Industrial Innovation

Market

Enterprise PLM, CAD/CAE, and digital manufacturing software for discrete industries

Geography

Global

Customer

Large enterprises and Tier-1 suppliers

Role

Software platform vendor

Revenue share

55%

Honeywell International Inc.

Aerospace Technologies

Market

Aerospace systems, avionics, propulsion & aftermarket MRO services

Geography

Global

Customer

Aircraft OEMs, airlines/operators, defense & space contractors

Role

Tier-1 supplier + aftermarket service provider

Revenue share

40.2%

Side-by-side metrics

Dassault Systemes SE
Honeywell International Inc.
Ticker / Exchange
DSY - Euronext Paris
HON - The Nasdaq Stock Market LLC
Market cap (USD)
$30.9B
n/a
Gross margin (TTM)
81%
n/a
Operating margin (TTM)
21.4%
n/a
Net margin (TTM)
18.6%
n/a
Sector
Technology
Industrials
Industry
Software - Application
n/a
HQ country
FR
US
Primary segment
Industrial Innovation
Aerospace Technologies
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Strong
Strong
Moat score
72 / 100
58 / 100
Moat domains
Demand, Network, Supply, Legal
Demand, Legal
Last update
2025-12-29
2026-01-02

Moat coverage

Shared moat types

Data Workflow LockinSuite BundlingSwitching Costs General

Dassault Systemes SE strengths

De Facto StandardDistribution ControlCompliance AdvantageReputation Reviews

Honeywell International Inc. strengths

Installed Base ConsumablesRegulated Standards PipeBrand TrustIP Choke PointDesign In QualificationLong Term Contracts

Segment mix

Dassault Systemes SE segments

Full profile >

Industrial Innovation

Oligopoly

55%

Mainstream Innovation

Oligopoly

25%

Life Sciences

Oligopoly

20%

Honeywell International Inc. segments

Full profile >

Aerospace Technologies

Oligopoly

40.2%

Industrial Automation

Competitive

26.1%

Building Automation

Oligopoly

17%

Energy and Sustainability Solutions

Oligopoly

16.7%

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

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.