VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 14, 2026

Stock Comparison

Amcor plc vs Air Products and Chemicals, Inc.

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

Amcor plc

AMCR · New York Stock Exchange

Market cap (USD)$20B
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorMaterials
Industry
CountryJE
Data as of2026-01-11
Moat score
47/ 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 Amcor plc's moat claims, evidence, and risks.

View AMCR analysis

Air Products and Chemicals, Inc.

APD · New York Stock Exchange

Market cap (USD)$58.7B
Gross margin (TTM)31.4%
Operating margin (TTM)-7.3%
Net margin (TTM)-3.3%
SectorMaterials
IndustryChemicals - Specialty
CountryUS
Data as of2025-12-27
Moat score
70/ 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 Air Products and Chemicals, Inc.'s moat claims, evidence, and risks.

View APD analysis

Comparison highlights

  • Moat score gap: Air Products and Chemicals, Inc. leads (70 / 100 vs 47 / 100 for Amcor plc).
  • Segment focus: Amcor plc has 2 segments (72.4% in Global Flexible Packaging Solutions); Air Products and Chemicals, Inc. has 3 segments (51.3% in On-site industrial gases (incl. pipelines)).
  • Primary market structure: Competitive vs Oligopoly. Pricing power: Weak vs Strong.
  • Moat breadth: Amcor plc has 5 moat types across 2 domains; Air Products and Chemicals, Inc. has 6 across 3.

Primary market context

Amcor plc

Global Flexible Packaging Solutions

Market

Flexible packaging (polymer resin, aluminum, and fiber-based) for food & beverage, healthcare, and consumer packaged goods

Geography

Global

Customer

Brand owners and converters serving nutrition, health, beauty and wellness end markets

Role

Packaging manufacturer / converter

Revenue share

72.4%

Air Products and Chemicals, Inc.

On-site industrial gases (incl. pipelines)

Market

On-site supply of industrial gases (oxygen, nitrogen, hydrogen, etc.)

Geography

Global

Customer

Large-volume industrial customers (refining, chemicals, metals, electronics)

Role

Producer / operator of on-site plants and pipeline networks

Revenue share

51.3%

Side-by-side metrics

Amcor plc
Air Products and Chemicals, Inc.
Ticker / Exchange
AMCR - New York Stock Exchange
APD - New York Stock Exchange
Market cap (USD)
$20B
$58.7B
Gross margin (TTM)
n/a
31.4%
Operating margin (TTM)
n/a
-7.3%
Net margin (TTM)
n/a
-3.3%
Sector
Materials
Materials
Industry
n/a
Chemicals - Specialty
HQ country
JE
US
Primary segment
Global Flexible Packaging Solutions
On-site industrial gases (incl. pipelines)
Market structure
Competitive
Oligopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Weak
Strong
Moat score
47 / 100
70 / 100
Moat domains
Supply, Demand
Demand, Legal, Supply
Last update
2026-01-11
2025-12-27

Moat coverage

Shared moat types

Capex Knowhow ScalePhysical Network DensityOperational Excellence

Amcor plc strengths

Service Field NetworkDesign In Qualification

Air Products and Chemicals, Inc. strengths

Long Term ContractsPermits Rights Of WayInstalled Base Consumables

Segment mix

Amcor plc segments

Full profile >

Global Flexible Packaging Solutions

Competitive

72.4%

Global Rigid Packaging Solutions

Competitive

27.6%

Air Products and Chemicals, Inc. segments

Full profile >

On-site industrial gases (incl. pipelines)

Oligopoly

51.3%

Merchant gases (liquid bulk + packaged)

Competitive

44.3%

Industrial gases equipment (cryogenic & gas processing)

Competitive

4.3%

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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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.