VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Sunday, January 11, 2026

Stock Comparison

Fiserv, Inc. vs Legrand S.A.

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

Fiserv, Inc.

FISV · NASDAQ

Market cap (USD)$37.7B
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorFinancials
Industry
CountryUS
Data as of2026-01-10
Moat score
67/ 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 Fiserv, Inc.'s moat claims, evidence, and risks.

View FISV analysis

Legrand S.A.

LR · Euronext Paris

Market cap (USD)$33.2B
Gross margin (TTM)51.1%
Operating margin (TTM)19.5%
Net margin (TTM)13%
SectorIndustrials
IndustryElectrical Equipment & Parts
CountryFR
Data as of2026-01-02
Moat score
68/ 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 Legrand S.A.'s moat claims, evidence, and risks.

View LR analysis

Comparison highlights

  • Moat score gap: Legrand S.A. leads (68 / 100 vs 67 / 100 for Fiserv, Inc.).
  • Segment focus: Fiserv, Inc. has 2 segments (50.4% in Merchant); Legrand S.A. has 2 segments (80% in Building electrical & digital infrastructure (non-datacenter)).
  • Moat breadth: Fiserv, Inc. has 6 moat types across 3 domains; Legrand S.A. has 4 across 3.

Primary market context

Fiserv, Inc.

Merchant

Market

Merchant acquiring and commerce enablement (SMB + enterprise omnichannel payments, POS, gateway/orchestration, and related software)

Geography

Global

Customer

Merchants (SMB and enterprise), plus channel partners (ISVs/ISOs/financial institutions) that serve or refer merchants

Role

Merchant acquirer / payment processor / commerce and POS platform provider

Revenue share

50.4%

Legrand S.A.

Building electrical & digital infrastructure (non-datacenter)

Market

Low-voltage electrical and digital building infrastructure (wiring devices, energy distribution, cable management, building controls)

Geography

Global (strong Europe & North America footprint)

Customer

Professional installers/electricians, electrical wholesalers, OEM/contractors; end-users in residential & commercial buildings

Role

Manufacturer + brand owner; channel-driven distribution

Revenue share

80%

Side-by-side metrics

Fiserv, Inc.
Legrand S.A.
Ticker / Exchange
FISV - NASDAQ
LR - Euronext Paris
Market cap (USD)
$37.7B
$33.2B
Gross margin (TTM)
n/a
51.1%
Operating margin (TTM)
n/a
19.5%
Net margin (TTM)
n/a
13%
Sector
Financials
Industrials
Industry
n/a
Electrical Equipment & Parts
HQ country
US
FR
Primary segment
Merchant
Building electrical & digital infrastructure (non-datacenter)
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
67 / 100
68 / 100
Moat domains
Network, Supply, Demand
Legal, Supply, Demand
Last update
2026-01-10
2026-01-02

Moat coverage

Shared moat types

No overlap yet.

Fiserv, Inc. strengths

Ecosystem ComplementsDistribution ControlScale Economies Unit CostTraining Org Change CostsTwo Sided NetworkSuite Bundling

Legrand S.A. strengths

Compliance AdvantageScope EconomiesBrand TrustDesign In Qualification

Segment mix

Fiserv, Inc. segments

Full profile >

Merchant

Oligopoly

50.4%

Financial

Oligopoly

49.6%

Legrand S.A. segments

Full profile >

Building electrical & digital infrastructure (non-datacenter)

Oligopoly

80%

Datacenter infrastructure

Oligopoly

20%

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.