VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Stock Comparison

S&P Global Inc. vs Visa Inc.

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

S&P Global Inc.

SPGI · New York Stock Exchange

Market cap (USD)$126.4B
Gross margin (TTM)70.3%
Operating margin (TTM)42.2%
Net margin (TTM)29.2%
SectorFinancials
IndustryFinancial - Data & Stock Exchanges
CountryUS
Data as of2025-12-21
Moat score
77/ 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

Visa Inc.

V · New York Stock Exchange

Market cap (USD)$618.8B
Gross margin (TTM)81.1%
Operating margin (TTM)59.2%
Net margin (TTM)50.2%
SectorFinancials
IndustryFinancial - Credit Services
CountryUS
Data as of2025-12-21
Moat score
77/ 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 Visa Inc.'s moat claims, evidence, and risks.

View V analysis

Comparison highlights

  • Moat score: both at 77 / 100.
  • Segment focus: S&P Global Inc. has 5 segments (32.6% in S&P Global Market Intelligence); Visa Inc. has 4 segments (35.9% in Data processing revenue).
  • Primary market structure: Oligopoly vs Oligopoly. Pricing power: Moderate vs n/a.
  • Moat breadth: S&P Global Inc. has 9 moat types across 5 domains; Visa Inc. has 7 across 4.

Primary market context

S&P Global Inc.

S&P Global Market Intelligence

Market

Financial market data, analytics, and workflow tools for institutions

Geography

Global

Customer

B2B (institutional investors, banks, insurers, corporates)

Role

Data/analytics and workflow software provider

Revenue share

32.6%

Visa Inc.

Data processing revenue

Market

Payment transaction processing (authorization, clearing and settlement) for VisaNet and related network access

Geography

Global

Customer

Issuers, acquirers, payment processors

Role

Network processor / switch (authorization, clearing, settlement)

Revenue share

35.9%

Side-by-side metrics

S&P Global Inc.
Visa Inc.
Ticker / Exchange
SPGI - New York Stock Exchange
V - New York Stock Exchange
Market cap (USD)
$126.4B
$618.8B
Gross margin (TTM)
70.3%
81.1%
Operating margin (TTM)
42.2%
59.2%
Net margin (TTM)
29.2%
50.2%
Sector
Financials
Financials
Industry
Financial - Data & Stock Exchanges
Financial - Credit Services
HQ country
US
US
Primary segment
S&P Global Market Intelligence
Data processing revenue
Market structure
Oligopoly
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
n/a
Moat score
77 / 100
77 / 100
Moat domains
Demand, Supply, Legal, Network, Financial
Network, Demand, Supply, Legal
Last update
2025-12-21
2025-12-21

Moat coverage

Shared moat types

Data Workflow LockinBrand TrustCompliance Advantage

S&P Global Inc. strengths

Scope EconomiesRegulated Standards PipeDe Facto StandardSwitching Costs GeneralEcosystem ComplementsBenchmark Pricing Power

Visa Inc. strengths

Two Sided NetworkClearing SettlementCapex Knowhow ScaleSuite Bundling

Segment mix

S&P Global Inc. segments

Full profile >

S&P Global Market Intelligence

Oligopoly

32.6%

S&P Global Ratings

Oligopoly

29.6%

S&P Global Commodity Insights

Oligopoly

15.1%

S&P Global Mobility

Competitive

11.3%

S&P Dow Jones Indices

Oligopoly

11.4%

Visa Inc. segments

Full profile >

Service revenue

Oligopoly

31.5%

Data processing revenue

Oligopoly

35.9%

International transaction revenue

Oligopoly

25.4%

Other revenue

Competitive

7.3%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

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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.