VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 7, 2026

Stock Comparison

Live Nation Entertainment, Inc. vs Tyler Technologies, Inc.

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

Tyler Technologies, Inc.

TYL · New York Stock Exchange

Market cap (USD)$19B
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: Live Nation Entertainment, Inc. leads (84 / 100 vs 66 / 100 for Tyler Technologies, Inc.).
  • Segment focus: Live Nation Entertainment, Inc. has 3 segments (82.2% in Concerts); Tyler Technologies, Inc. has 2 segments (70.7% in Enterprise Software).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Moderate.
  • Moat breadth: Live Nation Entertainment, Inc. has 6 moat types across 3 domains; Tyler Technologies, Inc. has 7 across 2.

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%

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

Live Nation Entertainment, Inc.
Tyler Technologies, Inc.
Ticker / Exchange
LYV - New York Stock Exchange
TYL - New York Stock Exchange
Market cap (USD)
$33.7B
$19B
Gross margin (TTM)
46.2%
44.2%
Operating margin (TTM)
4.7%
15.4%
Net margin (TTM)
3.7%
13.7%
Sector
Communication Services
Technology
Industry
Entertainment
Software - Application
HQ country
US
US
Primary segment
Concerts
Enterprise Software
Market structure
Oligopoly
Competitive
Market share
55%-65% (reported)
5%-7% (reported)
HHI estimate
3,600
n/a
Pricing power
Moderate
Moderate
Moat score
84 / 100
66 / 100
Moat domains
Supply, Demand, Network
Demand, Supply
Last update
2026-01-04
2025-12-26

Moat coverage

Shared moat types

Long Term ContractsData Workflow Lockin

Live Nation Entertainment, Inc. strengths

Physical Network DensityService Field NetworkTwo Sided NetworkScope Economies

Tyler Technologies, Inc. strengths

Training Org Change CostsProcurement InertiaSuite BundlingScale Economies Unit CostBrand Trust

Segment mix

Live Nation Entertainment, Inc. segments

Full profile >

Concerts

Oligopoly

82.2%

Ticketing

Quasi-Monopoly

12.9%

Sponsorship & Advertising

Competitive

5.2%

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.

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.