VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Thursday, January 8, 2026

Stock Comparison

Live Nation Entertainment, Inc. vs Rheinmetall Aktiengesellschaft

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

Live Nation Entertainment, Inc.

LYV · New York Stock Exchange

Market cap (USD)$33.7B
Gross margin (TTM)46.2%
Operating margin (TTM)4.7%
Net margin (TTM)3.7%
SectorCommunication Services
IndustryEntertainment
CountryUS
Data as of2026-01-04
Moat score
84/ 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 Live Nation Entertainment, Inc.'s moat claims, evidence, and risks.

View LYV analysis

Rheinmetall Aktiengesellschaft

RHM · Xetra

Market cap (USD)$80.4B
Gross margin (TTM)44.8%
Operating margin (TTM)13.6%
Net margin (TTM)7.6%
SectorIndustrials
IndustryAerospace & Defense
CountryDE
Data as of2025-12-28
Moat score
71/ 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 Rheinmetall Aktiengesellschaft's moat claims, evidence, and risks.

View RHM analysis

Comparison highlights

  • Moat score gap: Live Nation Entertainment, Inc. leads (84 / 100 vs 71 / 100 for Rheinmetall Aktiengesellschaft).
  • Segment focus: Live Nation Entertainment, Inc. has 3 segments (82.2% in Concerts); Rheinmetall Aktiengesellschaft has 4 segments (36.7% in Vehicle Systems).
  • Moat breadth: Live Nation Entertainment, Inc. has 6 moat types across 3 domains; Rheinmetall Aktiengesellschaft has 6 across 3.

Primary market context

Live Nation Entertainment, Inc.

Concerts

Market

Live music concert promotion, festival production, and music venue operations

Geography

Global

Customer

Artists/agents (supply) and fans (end-users); venues and festivals; corporate partners

Role

Promoter + venue operator

Revenue share

82.2%

Rheinmetall Aktiengesellschaft

Vehicle Systems

Market

Armored and tactical wheeled/tracked military vehicles

Geography

Global (Europe/NATO weighted)

Customer

Government / military

Revenue share

36.7%

Side-by-side metrics

Live Nation Entertainment, Inc.
Rheinmetall Aktiengesellschaft
Ticker / Exchange
LYV - New York Stock Exchange
RHM - Xetra
Market cap (USD)
$33.7B
$80.4B
Gross margin (TTM)
46.2%
44.8%
Operating margin (TTM)
4.7%
13.6%
Net margin (TTM)
3.7%
7.6%
Sector
Communication Services
Industrials
Industry
Entertainment
Aerospace & Defense
HQ country
US
DE
Primary segment
Concerts
Vehicle Systems
Market structure
Oligopoly
Oligopoly
Market share
55%-65% (reported)
n/a
HHI estimate
3,600
n/a
Pricing power
Moderate
Moderate
Moat score
84 / 100
71 / 100
Moat domains
Supply, Demand, Network
Legal, Demand, Supply
Last update
2026-01-04
2025-12-28

Moat coverage

Shared moat types

Long Term Contracts

Live Nation Entertainment, Inc. strengths

Physical Network DensityService Field NetworkTwo Sided NetworkData Workflow LockinScope Economies

Rheinmetall Aktiengesellschaft strengths

Government Contracting RelationshipsDesign In QualificationCapacity MoatSupply Chain ControlDistribution Control

Segment mix

Live Nation Entertainment, Inc. segments

Full profile >

Concerts

Oligopoly

82.2%

Ticketing

Quasi-Monopoly

12.9%

Sponsorship & Advertising

Competitive

5.2%

Rheinmetall Aktiengesellschaft segments

Full profile >

Vehicle Systems

Oligopoly

36.7%

Weapon and Ammunition

Oligopoly

26.9%

Electronic Solutions

Oligopoly

16.7%

Power Systems (civilian; planned divestiture)

Competitive

19.7%

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.