VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Sunday, January 11, 2026

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Stock Comparison

GE HealthCare Technologies Inc. vs Morningstar, Inc.

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

GE HealthCare Technologies Inc.

GEHC · The Nasdaq Stock Market LLC

Market cap (USD)$39.9B

Gross margin (TTM)40.8%

Operating margin (TTM)13.5%

Net margin (TTM)11%

SectorHealthcare

IndustryMedical - Healthcare Information Services

CountryUS

Data as of2025-12-22

Moat score

63/ 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 GE HealthCare Technologies Inc.'s moat claims, evidence, and risks.

View GEHC analysis

Morningstar, Inc.

MORN · NASDAQ

Market cap (USD)—

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 Morningstar, Inc.'s moat claims, evidence, and risks.

View MORN analysis

Comparison highlights

Moat score gap: Morningstar, Inc. leads (67 / 100 vs 63 / 100 for GE HealthCare Technologies Inc.).
Segment focus: GE HealthCare Technologies Inc. has 4 segments (45% in Imaging); Morningstar, Inc. has 7 segments (34.6% in Morningstar Data and Analytics).
Moat breadth: GE HealthCare Technologies Inc. has 8 moat types across 4 domains; Morningstar, Inc. has 6 across 3.

Primary market context

GE HealthCare Technologies Inc.

Imaging

Market

Diagnostic imaging equipment and related service (CT, MR, molecular imaging, X-ray, women's health) and imaging IT

Geography

Global

Customer

Hospitals, imaging centers

Role

OEM + service + software

Revenue share

45%

Morningstar, Inc.

Morningstar Data and Analytics

Market

Investment data, research, and analytics platforms

Geography

Global

Revenue share

34.6%

Side-by-side metrics

GE HealthCare Technologies Inc.

Morningstar, Inc.

Ticker / Exchange

GEHC - The Nasdaq Stock Market LLC

MORN - NASDAQ

Market cap (USD)

$39.9B

n/a

Gross margin (TTM)

40.8%

n/a

Operating margin (TTM)

13.5%

n/a

Net margin (TTM)

11%

n/a

Sector

Healthcare

Financials

Industry

Medical - Healthcare Information Services

n/a

HQ country

Primary segment

Imaging

Morningstar Data and Analytics

Market structure

Oligopoly

Market share

n/a

HHI estimate

n/a

Pricing power

Moderate

Moat score

63 / 100

67 / 100

Moat domains

Supply, Demand, Network, Legal

Demand, Network, Legal

Last update

2025-12-22

2026-01-10

Moat coverage

Shared moat types

Data Workflow LockinTraining Org Change Costs

GE HealthCare Technologies Inc. strengths

Service Field NetworkEcosystem ComplementsInstalled Base ConsumablesSupply Chain ControlCompliance AdvantageScope Economies

Morningstar, Inc. strengths

De Facto StandardRegulated Standards PipeSuite BundlingIP Choke Point

Segment mix

GE HealthCare Technologies Inc. segments

Full profile >

Imaging

Oligopoly

45%

Advanced Visualization Solutions (AVS)

Oligopoly

26.1%

Patient Care Solutions (PCS)

Oligopoly

15.9%

Pharmaceutical Diagnostics (PDx)

Oligopoly

12.8%

Morningstar, Inc. segments

Full profile >

Morningstar Data and Analytics

Oligopoly

34.6%

PitchBook

Oligopoly

27.2%

Morningstar Credit

Oligopoly

12.8%

Morningstar Wealth

Competitive

10.9%

Morningstar Retirement

Competitive

5.6%

Morningstar Sustainalytics

Oligopoly

5.2%

Morningstar Indexes

Oligopoly

3.7%

Want the full wide moat stocks list?

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Looking for expansion-stage stocks?

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.