VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Stock Comparison

American Water Works Company, Inc. vs Brookfield Infrastructure Partners L.P.

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

American Water Works Company, Inc.

AWK · New York Stock Exchange

Market cap (USD)$25.3B
Gross margin (TTM)43.3%
Operating margin (TTM)36.6%
Net margin (TTM)21.6%
SectorUtilities
IndustryRegulated Water
CountryUS
Data as of2026-01-09
Moat score
79/ 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 American Water Works Company, Inc.'s moat claims, evidence, and risks.

View AWK analysis

Brookfield Infrastructure Partners L.P.

BIP · New York Stock Exchange

Market cap (USD)$17.8B
Gross margin (TTM)26.9%
Operating margin (TTM)25.1%
Net margin (TTM)2.3%
SectorUtilities
IndustryDiversified Utilities
CountryBM
Data as of2025-12-31
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 Brookfield Infrastructure Partners L.P.'s moat claims, evidence, and risks.

View BIP analysis

Comparison highlights

  • Moat score gap: American Water Works Company, Inc. leads (79 / 100 vs 74 / 100 for Brookfield Infrastructure Partners L.P.).
  • Segment focus: American Water Works Company, Inc. has 2 segments (91.7% in Regulated Businesses); Brookfield Infrastructure Partners L.P. has 4 segments.
  • Primary market structure: Monopoly vs Quasi-Monopoly. Pricing power: Moderate vs Moderate.
  • Moat breadth: American Water Works Company, Inc. has 8 moat types across 3 domains; Brookfield Infrastructure Partners L.P. has 4 across 3.

Primary market context

American Water Works Company, Inc.

Regulated Businesses

Market

Regulated water and wastewater utility service in certificated/franchised territories

Geography

United States (14-state footprint)

Customer

Residential, commercial, industrial, public authority, fire service, and sale-for-resale customers

Role

Regulated utility owner/operator (water & wastewater)

Revenue share

91.7%

Brookfield Infrastructure Partners L.P.

Utilities

Market

Regulated and contracted utility infrastructure (electric transmission, gas pipelines/distribution, metering and residential energy services)

Geography

Global

Customer

Regulators and contracted counterparties; residential and commercial end-users via utility networks

Role

Owner-operator of regulated networks and contracted utility assets

Side-by-side metrics

American Water Works Company, Inc.
Brookfield Infrastructure Partners L.P.
Ticker / Exchange
AWK - New York Stock Exchange
BIP - New York Stock Exchange
Market cap (USD)
$25.3B
$17.8B
Gross margin (TTM)
43.3%
26.9%
Operating margin (TTM)
36.6%
25.1%
Net margin (TTM)
21.6%
2.3%
Sector
Utilities
Utilities
Industry
Regulated Water
Diversified Utilities
HQ country
US
BM
Primary segment
Regulated Businesses
Utilities
Market structure
Monopoly
Quasi-Monopoly
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
79 / 100
74 / 100
Moat domains
Legal, Supply, Demand
Legal, Demand, Supply
Last update
2026-01-09
2025-12-31

Moat coverage

Shared moat types

Concession LicensePhysical Network DensityScale Economies Unit CostLong Term Contracts

American Water Works Company, Inc. strengths

Permits Rights Of WayCompliance AdvantageGovernment Contracting RelationshipsOperational Excellence

Brookfield Infrastructure Partners L.P. strengths

No unique moat types yet.

Segment mix

American Water Works Company, Inc. segments

Full profile >

Regulated Businesses

Monopoly

91.7%

Military and Contract Water Services (Other)

Duopoly

8.3%

Brookfield Infrastructure Partners L.P. segments

Full profile >

Utilities

Quasi-Monopoly

n/a

Transport

Oligopoly

n/a

Midstream

Oligopoly

n/a

Data

Oligopoly

n/a

Want the full wide moat stocks list?

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Looking for expansion-stage stocks?

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.