VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Stock Comparison

ASSA ABLOY AB vs Fastenal Company

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

ASSA ABLOY AB

ASSA-B · Nasdaq Stockholm

Market cap (USD)$44B
Gross margin (TTM)42.6%
Operating margin (TTM)15.3%
Net margin (TTM)9.7%
SectorIndustrials
IndustrySecurity & Protection Services
CountrySE
Data as of2026-01-02
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 ASSA ABLOY AB's moat claims, evidence, and risks.

View ASSA-B analysis

Fastenal Company

FAST · NASDAQ

Market cap (USD)$52.2B
Gross margin (TTM)44.9%
Operating margin (TTM)20.3%
Net margin (TTM)15.4%
SectorIndustrials
IndustryIndustrial - Distribution
CountryUS
Data as of2026-01-06
Moat score
57/ 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 Fastenal Company's moat claims, evidence, and risks.

View FAST analysis

Comparison highlights

  • Moat score gap: ASSA ABLOY AB leads (76 / 100 vs 57 / 100 for Fastenal Company).
  • Segment focus: ASSA ABLOY AB has 5 segments (32.9% in Entrance Systems); Fastenal Company has 2 segments (55.7% in Core industrial & construction supplies distribution (branches, Onsite, eBusiness excl. FMI)).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Weak.
  • Moat breadth: ASSA ABLOY AB has 4 moat types across 2 domains; Fastenal Company has 4 across 2.

Primary market context

ASSA ABLOY AB

Entrance Systems

Market

Entrance automation and industrial door solutions (pedestrian automatic doors, industrial doors, loading dock equipment, service/maintenance)

Geography

Global

Customer

Commercial/industrial facilities via distributors, installers and service channels

Role

OEM + service/maintenance provider

Revenue share

32.9%

Fastenal Company

Core industrial & construction supplies distribution (branches, Onsite, eBusiness excl. FMI)

Market

Wholesale distribution of industrial and construction supplies (fasteners, safety, tools, and other MRO/OEM consumables)

Geography

Primarily North America (with growing international presence)

Customer

Manufacturing (OEM and MRO), non-residential construction, and other commercial customers

Role

Distributor

Revenue share

55.7%

Side-by-side metrics

ASSA ABLOY AB
Fastenal Company
Ticker / Exchange
ASSA-B - Nasdaq Stockholm
FAST - NASDAQ
Market cap (USD)
$44B
$52.2B
Gross margin (TTM)
42.6%
44.9%
Operating margin (TTM)
15.3%
20.3%
Net margin (TTM)
9.7%
15.4%
Sector
Industrials
Industrials
Industry
Security & Protection Services
Industrial - Distribution
HQ country
SE
US
Primary segment
Entrance Systems
Core industrial & construction supplies distribution (branches, Onsite, eBusiness excl. FMI)
Market structure
Oligopoly
Competitive
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Weak
Moat score
76 / 100
57 / 100
Moat domains
Demand, Supply
Supply, Demand
Last update
2026-01-02
2026-01-06

Moat coverage

Shared moat types

Service Field Network

ASSA ABLOY AB strengths

Installed Base ConsumablesBrand TrustSwitching Costs General

Fastenal Company strengths

Data Workflow LockinProcurement InertiaOperational Excellence

Segment mix

ASSA ABLOY AB segments

Full profile >

Opening Solutions EMEIA

Oligopoly

16.3%

Opening Solutions Americas

Oligopoly

29.4%

Opening Solutions Asia Pacific

Competitive

5.5%

Global Technologies

Oligopoly

16%

Entrance Systems

Oligopoly

32.9%

Fastenal Company segments

Full profile >

Fastenal Managed Inventory (FMI)

Competitive

44.3%

Core industrial & construction supplies distribution (branches, Onsite, eBusiness excl. FMI)

Competitive

55.7%

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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.