VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Saturday, January 10, 2026

Stock Comparison

Auckland International Airport Limited vs Floor & Decor Holdings, Inc.

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

Auckland International Airport Limited

AIA · NZX

Market cap (USD)$14.4B
Gross margin (TTM)54.4%
Operating margin (TTM)55%
Net margin (TTM)23.3%
SectorIndustrials
IndustryAirlines, Airports & Air Services
CountryNZ
Data as of2025-12-28
Moat score
74/ 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 Auckland International Airport Limited's moat claims, evidence, and risks.

View AIA analysis

Floor & Decor Holdings, Inc.

FND · New York Stock Exchange

Market cap (USD)$7.8B
Gross margin (TTM)42.4%
Operating margin (TTM)6.1%
Net margin (TTM)4.7%
SectorConsumer
IndustryHome Improvement
CountryUS
Data as of2026-01-08
Moat score
55/ 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 Floor & Decor Holdings, Inc.'s moat claims, evidence, and risks.

View FND analysis

Comparison highlights

  • Moat score gap: Auckland International Airport Limited leads (74 / 100 vs 55 / 100 for Floor & Decor Holdings, Inc.).
  • Segment focus: Auckland International Airport Limited has 3 segments; Floor & Decor Holdings, Inc. has 2 segments (95% in Floor & Decor Retail).
  • Primary market structure: Monopoly vs Competitive. Pricing power: Moderate vs Weak.
  • Moat breadth: Auckland International Airport Limited has 5 moat types across 3 domains; Floor & Decor Holdings, Inc. has 6 across 2.

Primary market context

Auckland International Airport Limited

Aeronautical (regulated airport services)

Market

Aeronautical airport services at Auckland Airport (airfield landing/parking, passenger terminal and related charges)

Geography

New Zealand (Auckland catchment)

Customer

Airlines and aviation operators (direct customers); passengers indirectly

Role

Airport infrastructure operator

Floor & Decor Holdings, Inc.

Floor & Decor Retail

Market

U.S. retail hard-surface flooring and accessories

Geography

United States

Customer

Homeowners (DIY/BIY) and professional installers (Pros)

Role

Specialty retailer (warehouse-format stores + e-commerce)

Revenue share

95%

Side-by-side metrics

Auckland International Airport Limited
Floor & Decor Holdings, Inc.
Ticker / Exchange
AIA - NZX
FND - New York Stock Exchange
Market cap (USD)
$14.4B
$7.8B
Gross margin (TTM)
54.4%
42.4%
Operating margin (TTM)
55%
6.1%
Net margin (TTM)
23.3%
4.7%
Sector
Industrials
Consumer
Industry
Airlines, Airports & Air Services
Home Improvement
HQ country
NZ
US
Primary segment
Aeronautical (regulated airport services)
Floor & Decor Retail
Market structure
Monopoly
Competitive
Market share
n/a
9%-11% (reported)
HHI estimate
n/a
n/a
Pricing power
Moderate
Weak
Moat score
74 / 100
55 / 100
Moat domains
Legal, Supply, Demand
Supply, Demand
Last update
2025-12-28
2026-01-08

Moat coverage

Shared moat types

Distribution Control

Auckland International Airport Limited strengths

Permits Rights Of WayCapacity MoatLong Term ContractsGeographic Natural

Floor & Decor Holdings, Inc. strengths

Scale Economies Unit CostScope EconomiesBrand TrustProcurement InertiaOperational Excellence

Segment mix

Auckland International Airport Limited segments

Full profile >

Aeronautical (regulated airport services)

Monopoly

n/a

Retail concessions and car parking

Quasi-Monopoly

n/a

Commercial property and precinct development

Competitive

n/a

Floor & Decor Holdings, Inc. segments

Full profile >

Floor & Decor Retail

Competitive

95%

Spartan (Commercial surfaces)

Competitive

5%

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.