VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Saturday, January 3, 2026

Wide Moat Stocks Home My Collections

Stock Comparison

Honeywell International Inc. vs Tyler Technologies, Inc.

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

Honeywell International Inc.

HON · The Nasdaq Stock Market LLC

Market cap (USD)—

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorIndustrials

Industry—

CountryUS

Data as of2026-01-02

Moat score

58/ 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 Honeywell International Inc.'s moat claims, evidence, and risks.

View HON analysis

Tyler Technologies, Inc.

TYL · New York Stock Exchange

Market cap (USD)$18.9B

Gross margin (TTM)44.2%

Operating margin (TTM)15.4%

Net margin (TTM)13.7%

SectorTechnology

IndustrySoftware - Application

CountryUS

Data as of2025-12-26

Moat score

66/ 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 Tyler Technologies, Inc.'s moat claims, evidence, and risks.

View TYL analysis

Comparison highlights

Moat score gap: Tyler Technologies, Inc. leads (66 / 100 vs 58 / 100 for Honeywell International Inc.).
Segment focus: Honeywell International Inc. has 4 segments (40.2% in Aerospace Technologies); Tyler Technologies, Inc. has 2 segments (70.7% in Enterprise Software).
Primary market structure: Oligopoly vs Competitive. Pricing power: Strong vs Moderate.
Moat breadth: Honeywell International Inc. has 9 moat types across 2 domains; Tyler Technologies, Inc. has 7 across 2.

Primary market context

Honeywell International Inc.

Aerospace Technologies

Market

Aerospace systems, avionics, propulsion & aftermarket MRO services

Geography

Global

Customer

Aircraft OEMs, airlines/operators, defense & space contractors

Role

Tier-1 supplier + aftermarket service provider

Revenue share

40.2%

Tyler Technologies, Inc.

Enterprise Software

Market

Public sector enterprise application software for mission-critical back-office functions (ERP/public administration, courts & justice, public safety, education, property & recording)

Geography

Primarily United States; also Canada and other international locations

Customer

Government agencies and other public entities (state/local/federal), school districts

Role

Vertical software vendor + implementation/services

Revenue share

70.7%

Side-by-side metrics

Honeywell International Inc.

Tyler Technologies, Inc.

Ticker / Exchange

HON - The Nasdaq Stock Market LLC

TYL - New York Stock Exchange

Market cap (USD)

n/a

$18.9B

Gross margin (TTM)

n/a

44.2%

Operating margin (TTM)

n/a

15.4%

Net margin (TTM)

n/a

13.7%

Sector

Industrials

Technology

Industry

n/a

Software - Application

HQ country

Primary segment

Aerospace Technologies

Enterprise Software

Market structure

Oligopoly

Competitive

Market share

n/a

5%-7% (reported)

HHI estimate

n/a

Pricing power

Strong

Moderate

Moat score

58 / 100

66 / 100

Moat domains

Demand, Legal

Demand, Supply

Last update

2026-01-02

2025-12-26

Moat coverage

Shared moat types

Data Workflow LockinSuite BundlingBrand TrustLong Term Contracts

Honeywell International Inc. strengths

Installed Base ConsumablesRegulated Standards PipeSwitching Costs GeneralIP Choke PointDesign In Qualification

Tyler Technologies, Inc. strengths

Training Org Change CostsProcurement InertiaScale Economies Unit Cost

Segment mix

Honeywell International Inc. segments

Full profile >

Aerospace Technologies

Oligopoly

40.2%

Industrial Automation

Competitive

26.1%

Building Automation

Oligopoly

17%

Energy and Sustainability Solutions

Oligopoly

16.7%

Tyler Technologies, Inc. segments

Full profile >

Enterprise Software

Competitive

70.7%

Platform Technologies

Competitive

29%

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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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.