WIDE MOAT STOCKS COMPARISON

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Stock Comparison

MSCI Inc. vs S&P Global Inc.

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

MSCI Inc.

MSCI · New York Stock Exchange

Market cap (USD)$41.7B
Gross margin (TTM)83%
Operating margin (TTM)55.7%
Net margin (TTM)40.7%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryUS
Data as of2026-08-23
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 MSCI Inc.'s moat claims, evidence, and risks.

View MSCI analysis

S&P Global Inc.

SPGI · New York Stock Exchange

Market cap (USD)$130.7B
Gross margin (TTM)70.9%
Operating margin (TTM)46.3%
Net margin (TTM)30.5%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryUS
Data as of2026-08-23
Moat score
82/ 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: MSCI Inc. leads (85 / 100 vs 82 / 100 for S&P Global Inc.).
  • Segment focus: MSCI Inc. has 4 segments (58.9% in Index); S&P Global Inc. has 4 segments (35.9% in S&P Global Ratings).
  • Moat breadth: MSCI Inc. has 2 moat types across 2 domains; S&P Global Inc. has 3 across 3.

Primary market context

MSCI Inc.

Index

Market

Investment indexes and index licensing

Geography

Global

Customer

Institutional investors and asset managers

Role

Index provider / benchmark administrator

Revenue share

58.9%

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

35.9%

Side-by-side metrics

MSCI Inc.
S&P Global Inc.
Ticker / Exchange
MSCI - New York Stock Exchange
SPGI - New York Stock Exchange
Market cap (USD)
$41.7B
$130.7B
Gross margin (TTM)
83%
70.9%
Operating margin (TTM)
55.7%
46.3%
Net margin (TTM)
40.7%
30.5%
Sector
Financials
Financials
Industry
Financial - Data & Stock Exchanges
Financial - Data & Stock Exchanges
HQ country
US
US
Primary segment
Index
S&P Global Ratings
Market structure
Oligopoly
Oligopoly
Market share
23%-27% (implied)
49%-51% (estimated)
HHI estimate
n/a
3,568
Pricing power
Strong
Strong
Moat score
85 / 100
82 / 100
Moat domains
Network, Demand
Demand, Legal, Network
Last update
2026-09-05
2026-09-05

Moat coverage

Shared moat types

De Facto StandardData Workflow Lockin

MSCI Inc. strengths

No unique moat types yet.

S&P Global Inc. strengths

Regulated Standards Pipe

Segment mix

MSCI Inc. segments

Full profile >

Index

Oligopoly

58.9%

Analytics

Oligopoly

21.8%

Sustainability and Climate

Competitive

10.6%

Private Assets

Competitive

8.6%

S&P Global Inc. segments

Full profile >

S&P Global Market Intelligence

Oligopoly

33.1%

S&P Global Ratings

Oligopoly

35.9%

S&P Global Energy

Oligopoly

16.7%

S&P Dow Jones Indices

Oligopoly

14.3%

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.