VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Saturday, January 10, 2026

Stock Comparison

Siemens Healthineers AG vs Trimble Inc.

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

Siemens Healthineers AG

SHL · XETRA

Market cap (USD)$52.2B
Gross margin (TTM)38.6%
Operating margin (TTM)14.7%
Net margin (TTM)9.2%
SectorHealthcare
IndustryMedical - Devices
CountryDE
Data as of2025-12-28
Moat score
68/ 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 Siemens Healthineers AG's moat claims, evidence, and risks.

View SHL analysis

Trimble Inc.

TRMB · Nasdaq Global Select Market

Market cap (USD)
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorTechnology
Industry
CountryUS
Data as of2026-01-09
Moat score
67/ 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 Trimble Inc.'s moat claims, evidence, and risks.

View TRMB analysis

Comparison highlights

  • Moat score gap: Siemens Healthineers AG leads (68 / 100 vs 67 / 100 for Trimble Inc.).
  • Segment focus: Siemens Healthineers AG has 4 segments (54.6% in Imaging); Trimble Inc. has 3 segments (41.7% in Field Systems).
  • Moat breadth: Siemens Healthineers AG has 8 moat types across 3 domains; Trimble Inc. has 7 across 3.

Primary market context

Siemens Healthineers AG

Imaging

Market

Diagnostic medical imaging equipment and related software/services (MRI, CT, X-ray, molecular imaging, ultrasound)

Geography

Global

Customer

Hospitals, imaging centers, clinics, and integrated delivery networks

Role

OEM + digital platform and service provider

Revenue share

54.6%

Trimble Inc.

Field Systems

Market

High-precision positioning & field solutions (geospatial, construction machine control, positioning/correction services)

Geography

Global

Customer

Surveyors, mapping professionals, civil construction contractors, governments, utilities

Role

Field hardware + software + subscription positioning services

Revenue share

41.7%

Side-by-side metrics

Siemens Healthineers AG
Trimble Inc.
Ticker / Exchange
SHL - XETRA
TRMB - Nasdaq Global Select Market
Market cap (USD)
$52.2B
n/a
Gross margin (TTM)
38.6%
n/a
Operating margin (TTM)
14.7%
n/a
Net margin (TTM)
9.2%
n/a
Sector
Healthcare
Technology
Industry
Medical - Devices
n/a
HQ country
DE
US
Primary segment
Imaging
Field Systems
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
68 / 100
67 / 100
Moat domains
Supply, Demand, Network
Demand, Network, Supply
Last update
2025-12-28
2026-01-09

Moat coverage

Shared moat types

Data Workflow LockinInstalled Base ConsumablesDesign In QualificationEcosystem Complements

Siemens Healthineers AG strengths

Service Field NetworkCapex Knowhow ScaleLong Term ContractsSwitching Costs General

Trimble Inc. strengths

Distribution ControlTwo Sided NetworkData Network Effects

Segment mix

Siemens Healthineers AG segments

Full profile >

Imaging

Oligopoly

54.6%

Diagnostics

Oligopoly

18.7%

Varian

Oligopoly

17.6%

Advanced Therapies

Oligopoly

9.1%

Trimble Inc. segments

Full profile >

Architects, Engineers, Construction and Owners

Competitive

36.9%

Field Systems

Oligopoly

41.7%

Transportation and Logistics

Competitive

21.4%

Want the full wide moat stocks list?

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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.