VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

Stock Comparison

Ambev S.A. vs Diageo plc

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

Ambev S.A.

ABEV3 · B3 - Brasil Bolsa Balcao

Market cap (USD)$50.5B
Gross margin (TTM)49.7%
Operating margin (TTM)25.3%
Net margin (TTM)17.7%
SectorConsumer
IndustryBeverages - Alcoholic
CountryBR
Data as of2026-05-29
Moat score
82/ 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 Ambev S.A.'s moat claims, evidence, and risks.

View ABEV3 analysis

Diageo plc

DGE · London Stock Exchange

Market cap (USD)$48.3B
Gross margin (TTM)60.1%
Operating margin (TTM)28.1%
Net margin (TTM)15%
SectorConsumer
IndustryBeverages - Wineries & Distilleries
CountryGB
Data as of2026-04-25
Moat score
58/ 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 Diageo plc's moat claims, evidence, and risks.

View DGE analysis

Comparison highlights

  • Moat score gap: Ambev S.A. leads (82 / 100 vs 58 / 100 for Diageo plc).
  • Segment focus: Ambev S.A. has 5 segments (45.6% in Brazil - Beer); Diageo plc has 5 segments (39.6% in North America).
  • Moat breadth: Ambev S.A. has 3 moat types across 3 domains; Diageo plc has 4 across 2.

Primary market context

Ambev S.A.

Brazil - Beer

Market

Beer production and distribution

Geography

Brazil

Customer

On-trade and off-trade retailers; distributors

Role

Producer & distributor

Revenue share

45.6%

Diageo plc

North America

Market

North American premium spirits, tequila, whisky, vodka, RTD and Guinness beer

Geography

United States and Canada

Customer

Wholesalers, distributors, retailers, on-trade accounts, control boards and consumers

Role

Brand owner, producer/importer, marketer and route-to-consumer orchestrator

Revenue share

39.6%

Side-by-side metrics

Ambev S.A.
Diageo plc
Ticker / Exchange
ABEV3 - B3 - Brasil Bolsa Balcao
DGE - London Stock Exchange
Market cap (USD)
$50.5B
$48.3B
Gross margin (TTM)
49.7%
60.1%
Operating margin (TTM)
25.3%
28.1%
Net margin (TTM)
17.7%
15%
Sector
Consumer
Consumer
Industry
Beverages - Alcoholic
Beverages - Wineries & Distilleries
HQ country
BR
GB
Primary segment
Brazil - Beer
North America
Market structure
Oligopoly
Oligopoly
Market share
55%-65% (estimated)
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
82 / 100
58 / 100
Moat domains
Demand, Supply, Legal
Demand, Supply
Last update
2026-05-29
2026-04-25

Moat coverage

Shared moat types

Brand TrustDistribution Control

Ambev S.A. strengths

Contractual Exclusivity

Diageo plc strengths

Habit DefaultScope Economies

Segment mix

Ambev S.A. segments

Full profile >

Brazil - Beer

Oligopoly

45.6%

Brazil - Non-alcoholic beverages

Oligopoly

10%

Central America and the Caribbean

Oligopoly

12.4%

Latin America South

Oligopoly

20.4%

Canada

Oligopoly

11.6%

Diageo plc segments

Full profile >

North America

Oligopoly

39.6%

Europe

Competitive

24%

Asia Pacific

Competitive

18.1%

Latin America and Caribbean

Oligopoly

9.2%

Africa

Competitive

9.1%

Want the full wide moat stocks list?

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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.