VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Sunday, January 11, 2026

Stock Comparison

SS&C Technologies Holdings, Inc. vs Universal Music Group N.V.

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

SS&C Technologies Holdings, Inc.

SSNC · NASDAQ

Market cap (USD)$21.2B
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorTechnology
Industry
CountryUS
Data as of2026-01-11
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 SS&C Technologies Holdings, Inc.'s moat claims, evidence, and risks.

View SSNC analysis

Universal Music Group N.V.

UMG · Euronext Amsterdam

Market cap (USD)$40.7B
Gross margin (TTM)40.4%
Operating margin (TTM)10.4%
Net margin (TTM)17.5%
SectorCommunication Services
IndustryEntertainment
CountryNL
Data as of2025-12-28
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 Universal Music Group N.V.'s moat claims, evidence, and risks.

View UMG analysis

Comparison highlights

  • Moat score gap: Universal Music Group N.V. leads (77 / 100 vs 68 / 100 for SS&C Technologies Holdings, Inc.).
  • Segment focus: SS&C Technologies Holdings, Inc. has 3 segments (82.3% in Software-enabled services); Universal Music Group N.V. has 3 segments (75.2% in Recorded Music).
  • Moat breadth: SS&C Technologies Holdings, Inc. has 7 moat types across 4 domains; Universal Music Group N.V. has 5 across 3.

Primary market context

SS&C Technologies Holdings, Inc.

Software-enabled services

Market

Software-enabled outsourcing and subscription services for financial services and healthcare (fund administration, transfer agency, middle/back office BPO, managed IT)

Geography

Global

Customer

Financial services firms (asset/wealth managers, alternative managers, banks, insurers) and healthcare payers/administrators

Role

Service provider / outsourcer (SaaS + BPO)

Revenue share

82.3%

Universal Music Group N.V.

Recorded Music

Market

Recorded music rights (labels) and monetization (streaming, physical, licensing/sync)

Geography

Global

Customer

Digital service providers (audio/video/social), physical retailers, and licensing counterparties

Role

Label / master rights holder; artist development, marketing and distribution

Revenue share

75.2%

Side-by-side metrics

SS&C Technologies Holdings, Inc.
Universal Music Group N.V.
Ticker / Exchange
SSNC - NASDAQ
UMG - Euronext Amsterdam
Market cap (USD)
$21.2B
$40.7B
Gross margin (TTM)
n/a
40.4%
Operating margin (TTM)
n/a
10.4%
Net margin (TTM)
n/a
17.5%
Sector
Technology
Communication Services
Industry
n/a
Entertainment
HQ country
US
NL
Primary segment
Software-enabled services
Recorded Music
Market structure
Oligopoly
Oligopoly
Market share
n/a
31%-33% (estimated)
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
68 / 100
77 / 100
Moat domains
Demand, Supply, Legal, Network
Legal, Supply, Demand
Last update
2026-01-11
2025-12-28

Moat coverage

Shared moat types

Scale Economies Unit CostLong Term Contracts

SS&C Technologies Holdings, Inc. strengths

Data Workflow LockinCompliance AdvantageSuite BundlingTwo Sided NetworkInteroperability Hub

Universal Music Group N.V. strengths

Content Rights CurrencyBrand TrustService Field Network

Segment mix

SS&C Technologies Holdings, Inc. segments

Full profile >

Software-enabled services

Oligopoly

82.3%

License, maintenance and related

Oligopoly

17.7%

Funds network connectivity (Calastone)

Oligopoly

n/a

Universal Music Group N.V. segments

Full profile >

Recorded Music

Oligopoly

75.2%

Music Publishing

Oligopoly

17.9%

Merchandising and Other

Competitive

7.1%

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.