VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Stock Comparison

Thales S.A. vs Otis Worldwide Corporation

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

Thales S.A.

HO · Euronext Paris

Market cap (USD)$54.3B
Gross margin (TTM)26.1%
Operating margin (TTM)9%
Net margin (TTM)5.1%
SectorIndustrials
IndustryAerospace & Defense
CountryFR
Data as of2025-12-28
Moat score
73/ 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 Thales S.A.'s moat claims, evidence, and risks.

View HO analysis

Otis Worldwide Corporation

OTIS · New York Stock Exchange

Market cap (USD)$36.1B
Gross margin (TTM)30.3%
Operating margin (TTM)14.8%
Net margin (TTM)9.6%
SectorIndustrials
IndustryIndustrial - Machinery
CountryUS
Data as of2025-12-26
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 Otis Worldwide Corporation's moat claims, evidence, and risks.

View OTIS analysis

Comparison highlights

  • Moat score gap: Thales S.A. leads (73 / 100 vs 67 / 100 for Otis Worldwide Corporation).
  • Segment focus: Thales S.A. has 3 segments (53.3% in Defence); Otis Worldwide Corporation has 2 segments (62.4% in Service).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Moderate.
  • Moat breadth: Thales S.A. has 8 moat types across 3 domains; Otis Worldwide Corporation has 7 across 2.

Primary market context

Thales S.A.

Defence

Market

Defense electronics, secure communications, and mission systems

Geography

Global

Customer

Government / defence ministries, armed forces, security forces

Role

Prime contractor and system integrator; OEM of defence electronics

Revenue share

53.3%

Otis Worldwide Corporation

Service

Market

Elevator and escalator maintenance, repair and modernization services

Geography

Global

Customer

Building owners, facility managers, housing associations, government agencies

Role

Service provider / modernizer

Revenue share

62.4%

Side-by-side metrics

Thales S.A.
Otis Worldwide Corporation
Ticker / Exchange
HO - Euronext Paris
OTIS - New York Stock Exchange
Market cap (USD)
$54.3B
$36.1B
Gross margin (TTM)
26.1%
30.3%
Operating margin (TTM)
9%
14.8%
Net margin (TTM)
5.1%
9.6%
Sector
Industrials
Industrials
Industry
Aerospace & Defense
Industrial - Machinery
HQ country
FR
US
Primary segment
Defence
Service
Market structure
Oligopoly
Competitive
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
73 / 100
67 / 100
Moat domains
Legal, Demand, Supply
Demand, Supply
Last update
2025-12-28
2025-12-26

Moat coverage

Shared moat types

Long Term ContractsDesign In QualificationService Field NetworkBrand Trust

Thales S.A. strengths

Government Contracting RelationshipsRegulated Standards PipeSuite BundlingCapex Knowhow Scale

Otis Worldwide Corporation strengths

Operational ExcellenceInstalled Base ConsumablesData Workflow Lockin

Segment mix

Thales S.A. segments

Full profile >

Defence

Oligopoly

53.3%

Aerospace

Oligopoly

26.6%

Cyber & Digital

Competitive

19.6%

Otis Worldwide Corporation segments

Full profile >

New Equipment

Competitive

37.6%

Service

Competitive

62.4%

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

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.