VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Wednesday, January 7, 2026

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Stock Comparison

FactSet Research Systems Inc. vs Live Nation Entertainment, Inc.

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

FactSet Research Systems Inc.

FDS · New York Stock Exchange

Market cap (USD)$10.8B
Gross margin (TTM)52.3%
Operating margin (TTM)31.7%
Net margin (TTM)25.4%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryUS
Data as of2025-12-30
Moat score
85/ 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 FactSet Research Systems Inc.'s moat claims, evidence, and risks.

View FDS analysis

Live Nation Entertainment, Inc.

LYV · New York Stock Exchange

Market cap (USD)$33.7B
Gross margin (TTM)46.2%
Operating margin (TTM)4.7%
Net margin (TTM)3.7%
SectorCommunication Services
IndustryEntertainment
CountryUS
Data as of2026-01-04
Moat score
84/ 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 Live Nation Entertainment, Inc.'s moat claims, evidence, and risks.

View LYV analysis

Comparison highlights

  • Moat score gap: FactSet Research Systems Inc. leads (85 / 100 vs 84 / 100 for Live Nation Entertainment, Inc.).
  • Segment focus: FactSet Research Systems Inc. has 2 segments; Live Nation Entertainment, Inc. has 3 segments (82.2% in Concerts).
  • Moat breadth: FactSet Research Systems Inc. has 6 moat types across 3 domains; Live Nation Entertainment, Inc. has 6 across 3.

Primary market context

FactSet Research Systems Inc.

Hosted Platform (Workstations & Analytics)

Market

Financial data and analytics platforms for investment professionals

Geography

Global

Customer

Institutional investors and financial institutions

Role

Software and data platform vendor

Live Nation Entertainment, Inc.

Concerts

Market

Live music concert promotion, festival production, and music venue operations

Geography

Global

Customer

Artists/agents (supply) and fans (end-users); venues and festivals; corporate partners

Role

Promoter + venue operator

Revenue share

82.2%

Side-by-side metrics

FactSet Research Systems Inc.
Live Nation Entertainment, Inc.
Ticker / Exchange
FDS - New York Stock Exchange
LYV - New York Stock Exchange
Market cap (USD)
$10.8B
$33.7B
Gross margin (TTM)
52.3%
46.2%
Operating margin (TTM)
31.7%
4.7%
Net margin (TTM)
25.4%
3.7%
Sector
Financials
Communication Services
Industry
Financial - Data & Stock Exchanges
Entertainment
HQ country
US
US
Primary segment
Hosted Platform (Workstations & Analytics)
Concerts
Market structure
Oligopoly
Oligopoly
Market share
n/a
55%-65% (reported)
HHI estimate
n/a
3,600
Pricing power
Moderate
Moderate
Moat score
85 / 100
84 / 100
Moat domains
Demand, Network, Legal
Supply, Demand, Network
Last update
2025-12-30
2026-01-04

Moat coverage

Shared moat types

Data Workflow Lockin

FactSet Research Systems Inc. strengths

Switching Costs GeneralSuite BundlingStandards RegistryDe Facto StandardConcession License

Live Nation Entertainment, Inc. strengths

Physical Network DensityService Field NetworkLong Term ContractsTwo Sided NetworkScope Economies

Segment mix

FactSet Research Systems Inc. segments

Full profile >

Hosted Platform (Workstations & Analytics)

Oligopoly

n/a

Identifier Platform (CUSIP Global Services)

Quasi-Monopoly

n/a

Live Nation Entertainment, Inc. segments

Full profile >

Concerts

Oligopoly

82.2%

Ticketing

Quasi-Monopoly

12.9%

Sponsorship & Advertising

Competitive

5.2%

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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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.