VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

FactSet Research Systems Inc. vs S&P Global 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)$8.5B
Gross margin (TTM)51.9%
Operating margin (TTM)31.2%
Net margin (TTM)24.5%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryUS
Data as of2026-05-27
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 FactSet Research Systems Inc.'s moat claims, evidence, and risks.

View FDS analysis

S&P Global Inc.

SPGI · New York Stock Exchange

Market cap (USD)$122.9B
Gross margin (TTM)70.5%
Operating margin (TTM)43.9%
Net margin (TTM)30.4%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryUS
Data as of2026-05-26
Moat score
78/ 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 S&P Global Inc.'s moat claims, evidence, and risks.

View SPGI analysis

Comparison highlights

  • Moat score gap: S&P Global Inc. leads (78 / 100 vs 72 / 100 for FactSet Research Systems Inc.).
  • Segment focus: FactSet Research Systems Inc. has 3 segments (65.3% in Americas); S&P Global Inc. has 5 segments (32% in S&P Global Market Intelligence).
  • Moat breadth: FactSet Research Systems Inc. has 5 moat types across 3 domains; S&P Global Inc. has 9 across 5.

Primary market context

FactSet Research Systems Inc.

Americas

Market

Americas financial market data, analytics, workstations and enterprise data solutions

Geography

North, Central and South America

Customer

Institutional asset managers, wealth managers, bankers, asset owners, hedge funds, private equity, corporate users and market-infrastructure partners

Role

Subscription data, analytics, workstation, portfolio, enterprise data, API and identifier provider

Revenue share

65.3%

S&P Global Inc.

S&P Global Market Intelligence

Market

Financial market data, analytics, and workflow tools for institutions

Geography

Global

Customer

B2B (institutional investors, banks, insurers, corporates)

Role

Data/analytics and workflow software provider

Revenue share

32%

Side-by-side metrics

FactSet Research Systems Inc.
S&P Global Inc.
Ticker / Exchange
FDS - New York Stock Exchange
SPGI - New York Stock Exchange
Market cap (USD)
$8.5B
$122.9B
Gross margin (TTM)
51.9%
70.5%
Operating margin (TTM)
31.2%
43.9%
Net margin (TTM)
24.5%
30.4%
Sector
Financials
Financials
Industry
Financial - Data & Stock Exchanges
Financial - Data & Stock Exchanges
HQ country
US
US
Primary segment
Americas
S&P Global Market Intelligence
Market structure
Oligopoly
Oligopoly
Market share
5.5%-6.5% (implied)
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
72 / 100
78 / 100
Moat domains
Demand, Network, Supply
Demand, Supply, Legal, Network, Financial
Last update
2026-05-27
2026-05-26

Moat coverage

Shared moat types

Data Workflow Lockin

FactSet Research Systems Inc. strengths

Procurement InertiaStandards RegistryInteroperability HubOperational Excellence

S&P Global Inc. strengths

Scope EconomiesRegulated Standards PipeBrand TrustDe Facto StandardCompliance AdvantageSwitching Costs GeneralEcosystem ComplementsBenchmark Pricing Power

Segment mix

FactSet Research Systems Inc. segments

Full profile >

Americas

Oligopoly

65.3%

EMEA

Oligopoly

24.5%

Asia Pacific

Oligopoly

10.2%

S&P Global Inc. segments

Full profile >

S&P Global Market Intelligence

Oligopoly

32%

S&P Global Ratings

Oligopoly

29.7%

S&P Global Energy

Oligopoly

15%

S&P Global Mobility

Competitive

11.4%

S&P Dow Jones Indices

Oligopoly

12%

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.