VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Sunday, January 11, 2026

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Stock Comparison

HOYA Corporation vs FedEx Corporation

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

HOYA Corporation

7741 · Tokyo Stock Exchange

Market cap (USD)$8.5T

Gross margin (TTM)80.1%

Operating margin (TTM)29.5%

Net margin (TTM)23.5%

SectorHealthcare

IndustryMedical - Instruments & Supplies

CountryJP

Data as of2025-12-28

Moat score

72/ 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 HOYA Corporation's moat claims, evidence, and risks.

View 7741 analysis

FedEx Corporation

FDX · New York Stock Exchange

Market cap (USD)—

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorIndustrials

Industry—

CountryUS

Data as of2026-01-10

Moat score

72/ 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 FedEx Corporation's moat claims, evidence, and risks.

View FDX analysis

Comparison highlights

Moat score: both at 72 / 100.
Segment focus: HOYA Corporation has 5 segments (48.2% in Eye Health Domain (healthcare-related products)); FedEx Corporation has 3 segments (85.6% in Federal Express (integrated parcel & express)).
Moat breadth: HOYA Corporation has 7 moat types across 3 domains; FedEx Corporation has 6 across 4.

Primary market context

HOYA Corporation

Eye Health Domain (healthcare-related products)

Market

Ophthalmic products (eyeglass lenses, contact lens retail, intraocular lenses)

Geography

Global (eyeglass lenses & IOL); Japan (contact lens retail)

Customer

Optical retailers, consumers, hospitals/clinics

Role

Manufacturer and retailer

Revenue share

48.2%

FedEx Corporation

Federal Express (integrated parcel & express)

Market

Integrated parcel and express delivery (air-ground integrator model)

Geography

Global

Customer

Business and consumer shippers

Role

Carrier / integrator

Revenue share

85.6%

Side-by-side metrics

HOYA Corporation

FedEx Corporation

Ticker / Exchange

7741 - Tokyo Stock Exchange

FDX - New York Stock Exchange

Market cap (USD)

$8.5T

n/a

Gross margin (TTM)

80.1%

n/a

Operating margin (TTM)

29.5%

n/a

Net margin (TTM)

23.5%

n/a

Sector

Healthcare

Industrials

Industry

Medical - Instruments & Supplies

n/a

HQ country

Primary segment

Eye Health Domain (healthcare-related products)

Federal Express (integrated parcel & express)

Market structure

Oligopoly

Market share

n/a

18% (reported)

HHI estimate

n/a

2,464

Pricing power

Moderate

Moat score

72 / 100

Moat domains

Demand, Supply, Legal

Supply, Demand, Financial, Network

Last update

2025-12-28

2026-01-10

Moat coverage

Shared moat types

Brand TrustPhysical Network Density

HOYA Corporation strengths

Compliance AdvantageReputation ReviewsDesign In QualificationLearning Curve YieldNiche speech synthesis portfolio

FedEx Corporation strengths

Scale Economies Unit CostBenchmark Pricing PowerScope EconomiesData Network Effects

Segment mix

HOYA Corporation segments

Full profile >

Eye Health Domain (healthcare-related products)

Oligopoly

48.2%

Med-Tech Domain (medical-related products)

Oligopoly

15.4%

Electronics-related products (semiconductor/display photomask materials, HDD substrates)

Oligopoly

30.6%

Imaging-related products (optical lenses and optical materials)

Competitive

5.3%

Other (speech synthesis software)

Competitive

0.5%

FedEx Corporation segments

Full profile >

Federal Express (integrated parcel & express)

Oligopoly

85.6%

FedEx Freight (LTL)

Oligopoly

10.1%

Corporate, other, and eliminations (Dataworks, Office, Logistics)

Competitive

4.2%

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.

View expansion-stage stocks

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.