WIDE MOAT STOCKS COMPARISON

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Stock Comparison

Intuit Inc. vs Paychex, Inc.

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

Intuit Inc.

INTU · NASDAQ

Market cap (USD)$91B
Gross margin (TTM)81.3%
Operating margin (TTM)27.4%
Net margin (TTM)21.3%
SectorTechnology
IndustrySoftware - Application
CountryUS
Data as of2026-08-23
87/100
Moat score

Partial score covering 63% of segment weight.

Full stock profile

Dive deeper into Intuit Inc.'s moat claims, evidence, and risks.

View INTU analysis

Paychex, Inc.

PAYX · NASDAQ Global Select Market

Market cap (USD)$43.3B
Gross margin (TTM)74.3%
Operating margin (TTM)38.6%
Net margin (TTM)27%
SectorIndustrials
IndustryStaffing & Employment Services
CountryUS
Data as of2026-08-23
72/100
Moat score

Weighted across the company's segments.

Full stock profile

Dive deeper into Paychex, Inc.'s moat claims, evidence, and risks.

View PAYX analysis

Comparison highlights

  • Segment focus: Intuit Inc. has 4 segments (60% in Global Business Solutions); Paychex, Inc. has 3 segments (74.8% in Management Solutions).
  • Primary market structure: Oligopoly vs Oligopoly. Pricing power: Strong vs Moderate.
  • Moat breadth: Intuit Inc. has 3 moat types across 2 domains; Paychex, Inc. has 4 across 3.

Primary market context

Intuit Inc.

Global Business Solutions

Market

Small and mid-market business financial management, payroll, payments/capital, and marketing automation software (QuickBooks ecosystem + Mailchimp)

Geography

Global

Customer

Small businesses, mid-market businesses, and accounting/bookkeeping professionals

Role

SaaS platform operator and payments/embedded-finance enabler

Revenue share

60%

Paychex, Inc.

Management Solutions

Market

Payroll processing and integrated HCM solutions for SMB and mid-market employers

Geography

United States (primarily)

Customer

Employers (SMB and mid-market)

Role

HCM SaaS + outsourced payroll/HR service provider

Revenue share

74.8%

Side-by-side metrics

Intuit Inc.
Paychex, Inc.
Ticker / Exchange
INTU - NASDAQ
PAYX - NASDAQ Global Select Market
Market cap (USD)
$91B
$43.3B
Gross margin (TTM)
81.3%
74.3%
Operating margin (TTM)
27.4%
38.6%
Net margin (TTM)
21.3%
27%
Sector
Technology
Industrials
Industry
Software - Application
Staffing & Employment Services
HQ country
US
US
Primary segment
Global Business Solutions
Management Solutions
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Strong
Moderate
Moat score
87 / 100 (partial, 63% coverage)
72 / 100
Moat domains
Demand, Network
Demand, Supply, Financial
Last update
2026-09-05
2026-09-05

Moat coverage

Shared moat types

Data Workflow Lockin

Intuit Inc. strengths

Suite BundlingEcosystem Complements

Paychex, Inc. strengths

Service Field NetworkSwitching Costs GeneralFloat Prepayment

Segment mix

Intuit Inc. segments

Full profile >

Global Business Solutions

Oligopoly

60%

TurboTax Consumer Tax

Oligopoly

24.7%

Credit Karma

Competitive

12.3%

ProTax

Oligopoly

3%

Paychex, Inc. segments

Full profile >

Management Solutions

Oligopoly

74.8%

PEO and Insurance Solutions

Competitive

22%

Client funds float (interest on funds held for clients)

Oligopoly

3.2%

Act on this comparison

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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.