VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Friday, January 2, 2026

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Stock Comparison

FANUC CORPORATION vs Martin Marietta Materials, Inc.

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

FANUC CORPORATION

6954 · Tokyo Stock Exchange

Market cap (USD)$5.7T

Gross margin (TTM)37.5%

Operating margin (TTM)20.7%

Net margin (TTM)19.3%

SectorIndustrials

IndustryIndustrial - Machinery

CountryJP

Data as of2025-12-28

Moat score

76/ 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 FANUC CORPORATION's moat claims, evidence, and risks.

View 6954 analysis

Martin Marietta Materials, Inc.

MLM · NYSE

Market cap (USD)$37.9B

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorMaterials

IndustryConstruction Materials

CountryUS

Data as of2026-01-01

Moat score

78/ 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 Martin Marietta Materials, Inc.'s moat claims, evidence, and risks.

View MLM analysis

Comparison highlights

Moat score gap: Martin Marietta Materials, Inc. leads (78 / 100 vs 76 / 100 for FANUC CORPORATION).
Segment focus: FANUC CORPORATION has 4 segments (41.3% in Industrial Robots (ROBOT) - robot systems and controllers); Martin Marietta Materials, Inc. has 3 segments (52.4% in East Group).
Primary market structure: Oligopoly vs Oligopoly. Pricing power: Moderate vs Strong.
Moat breadth: FANUC CORPORATION has 6 moat types across 3 domains; Martin Marietta Materials, Inc. has 4 across 2.

Primary market context

FANUC CORPORATION

Industrial Robots (ROBOT) - robot systems and controllers

Market

Industrial robot systems for welding, handling, assembly, painting, machine tending, etc.

Geography

Global

Customer

Manufacturers (automotive, electronics, general industry)

Role

Robot OEM (hardware + controllers)

Revenue share

41.3%

Martin Marietta Materials, Inc.

East Group

Market

Construction aggregates and asphalt products (crushed stone, sand & gravel; asphalt) in local/regional markets

Geography

United States (East/Southeast and adjacent regions)

Customer

Infrastructure agencies, construction contractors, and downstream materials producers (asphalt/ready-mix)

Role

Quarry/mining operator and building materials producer/distributor

Revenue share

52.4%

Side-by-side metrics

FANUC CORPORATION

Martin Marietta Materials, Inc.

Ticker / Exchange

6954 - Tokyo Stock Exchange

MLM - NYSE

Market cap (USD)

$5.7T

$37.9B

Gross margin (TTM)

37.5%

n/a

Operating margin (TTM)

20.7%

n/a

Net margin (TTM)

19.3%

n/a

Sector

Industrials

Materials

Industry

Industrial - Machinery

Construction Materials

HQ country

Primary segment

Industrial Robots (ROBOT) - robot systems and controllers

East Group

Market structure

Oligopoly

Market share

12%-15% (implied)

n/a

HHI estimate

n/a

Pricing power

Moderate

Strong

Moat score

76 / 100

78 / 100

Moat domains

Network, Supply, Demand

Supply, Financial

Last update

2025-12-28

2026-01-01

Moat coverage

Shared moat types

No overlap yet.

FANUC CORPORATION strengths

De Facto StandardService Field NetworkCapacity MoatEcosystem ComplementsBrand TrustInstalled Base Consumables

Martin Marietta Materials, Inc. strengths

Physical Network DensityGeographic NaturalBenchmark Pricing PowerCapex Knowhow Scale

Segment mix

FANUC CORPORATION segments

Full profile >

Factory Automation (FA) - CNC, servos, lasers

Oligopoly

24.4%

Industrial Robots (ROBOT) - robot systems and controllers

Oligopoly

41.3%

ROBOMACHINE - ROBODRILL, ROBOSHOT, ROBOCUT

Competitive

17.3%

Service - parts, maintenance, and customer support

Quasi-Monopoly

17%

Martin Marietta Materials, Inc. segments

Full profile >

East Group

Oligopoly

52.4%

West Group

Oligopoly

40.9%

Specialties (formerly Magnesia Specialties)

Oligopoly

6.7%

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.