★ WIDE MOAT STOCKS COMPARISON ★

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Stock Comparison

London Stock Exchange Group plc vs S&P Global Inc.

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

London Stock Exchange Group plc

LSEG · London Stock Exchange

Market cap (USD)$57.8B
Gross margin (TTM)46.5%
Operating margin (TTM)20.7%
Net margin (TTM)10.6%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryGB
Data as of2026-07-12
Moat score
85/ 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 London Stock Exchange Group plc's moat claims, evidence, and risks.

View LSEG analysis

S&P Global Inc.

SPGI · New York Stock Exchange

Market cap (USD)$122.8B
Gross margin (TTM)70.5%
Operating margin (TTM)43.9%
Net margin (TTM)30.4%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryUS
Data as of2026-07-12
Moat score
88/ 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 S&P Global Inc.'s moat claims, evidence, and risks.

View SPGI analysis

Comparison highlights

  • Moat score gap: S&P Global Inc. leads (88 / 100 vs 85 / 100 for London Stock Exchange Group plc).
  • Segment focus: London Stock Exchange Group plc has 4 segments (46.5% in Data & Analytics); S&P Global Inc. has 4 segments (34.5% in S&P Global Ratings).
  • Primary market structure: Oligopoly vs Oligopoly. Pricing power: Moderate vs Strong.
  • Moat breadth: London Stock Exchange Group plc has 5 moat types across 3 domains; S&P Global Inc. has 6 across 4.

Primary market context

London Stock Exchange Group plc

Data & Analytics

Market

Financial market data, analytics and workflows (terminals and enterprise feeds)

Geography

Global

Customer

Financial institutions and corporates

Role

Data & analytics vendor

Revenue share

46.5%

S&P Global Inc.

S&P Global Ratings

Market

Credit ratings and related research/analytics for debt capital markets

Geography

Global

Customer

B2B (issuers, investors, intermediaries)

Role

Independent credit risk opinion / rating agency

Revenue share

34.5%

Side-by-side metrics

London Stock Exchange Group plc
S&P Global Inc.
Ticker / Exchange
LSEG - London Stock Exchange
SPGI - New York Stock Exchange
Market cap (USD)
$57.8B
$122.8B
Gross margin (TTM)
46.5%
70.5%
Operating margin (TTM)
20.7%
43.9%
Net margin (TTM)
10.6%
30.4%
Sector
Financials
Financials
Industry
Financial - Data & Stock Exchanges
Financial - Data & Stock Exchanges
HQ country
GB
US
Primary segment
Data & Analytics
S&P Global Ratings
Market structure
Oligopoly
Oligopoly
Market share
n/a
49%-52% (estimated)
HHI estimate
n/a
3,568
Pricing power
Moderate
Strong
Moat score
85 / 100
88 / 100
Moat domains
Demand, Network, Legal
Demand, Legal, Network, Financial
Last update
2026-07-12
2026-07-12

Moat coverage

Shared moat types

Data Workflow LockinDe Facto Standard

London Stock Exchange Group plc strengths

Two Sided NetworkClearing SettlementConcession License

S&P Global Inc. strengths

Regulated Standards PipeBrand TrustEcosystem ComplementsBenchmark Pricing Power

Segment mix

London Stock Exchange Group plc segments

Full profile >

Data & Analytics

Oligopoly

46.5%

FTSE Russell

Oligopoly

10.2%

Risk Intelligence

Oligopoly

6.2%

Markets

Oligopoly

37.1%

S&P Global Inc. segments

Full profile >

S&P Global Market Intelligence

Oligopoly

32.5%

S&P Global Ratings

Oligopoly

34.5%

S&P Global Energy

Oligopoly

19.2%

S&P Dow Jones Indices

Oligopoly

13.8%

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.