VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Friday, January 2, 2026

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Stock Comparison

Barry Callebaut AG vs RTX Corporation

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

Barry Callebaut AG

BARN · SIX Swiss Exchange

Market cap (USD)$7.2B

Gross margin (TTM)11.1%

Operating margin (TTM)4.6%

Net margin (TTM)1.5%

SectorConsumer

IndustryFood Confectioners

CountryCH

Data as of2025-12-29

Moat score

63/ 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 Barry Callebaut AG's moat claims, evidence, and risks.

View BARN analysis

RTX Corporation

RTX · New York Stock Exchange

Market cap (USD)—

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorIndustrials

Industry—

CountryUS

Data as of2026-01-02

Moat score

69/ 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 RTX Corporation's moat claims, evidence, and risks.

View RTX analysis

Comparison highlights

Moat score gap: RTX Corporation leads (69 / 100 vs 63 / 100 for Barry Callebaut AG).
Segment focus: Barry Callebaut AG has 2 segments (68.7% in Global Chocolate); RTX Corporation has 3 segments (34.8% in Pratt & Whitney).
Moat breadth: Barry Callebaut AG has 6 moat types across 2 domains; RTX Corporation has 8 across 3.

Primary market context

Barry Callebaut AG

Global Chocolate

Market

Chocolate ingredients and solutions (B2B) for food manufacturers and professional/artisan customers

Geography

Global

Customer

Industrial food manufacturers; professional/artisan users (chocolatiers, bakers, pastry chefs, foodservice)

Role

Ingredient manufacturer / solutions provider

Revenue share

68.7%

RTX Corporation

Pratt & Whitney

Market

Aircraft engines & aftermarket services (commercial and military)

Geography

Global

Customer

Airframers, airlines, governments

Role

Engine OEM + MRO

Revenue share

34.8%

Side-by-side metrics

Barry Callebaut AG

RTX Corporation

Ticker / Exchange

BARN - SIX Swiss Exchange

RTX - New York Stock Exchange

Market cap (USD)

$7.2B

n/a

Gross margin (TTM)

11.1%

n/a

Operating margin (TTM)

4.6%

n/a

Net margin (TTM)

1.5%

n/a

Sector

Consumer

Industrials

Industry

Food Confectioners

n/a

HQ country

Primary segment

Global Chocolate

Pratt & Whitney

Market structure

Oligopoly

Market share

n/a

HHI estimate

n/a

Pricing power

Moderate

Moat score

63 / 100

69 / 100

Moat domains

Supply, Demand

Demand, Legal, Supply

Last update

2025-12-29

2026-01-02

Moat coverage

Shared moat types

Capex Knowhow Scale

Barry Callebaut AG strengths

Supply Chain ControlBrand TrustCost-plus pass-through modelScale Economies Unit CostPreferential Input Access

RTX Corporation strengths

Design In QualificationInstalled Base ConsumablesRegulated Standards PipeService Field NetworkGovernment Contracting RelationshipsLong Term ContractsCompliance Advantage

Segment mix

Barry Callebaut AG segments

Full profile >

Global Chocolate

Oligopoly

68.7%

Global Cocoa

Oligopoly

31.3%

RTX Corporation segments

Full profile >

Collins Aerospace

Oligopoly

32.1%

Pratt & Whitney

Oligopoly

34.8%

Raytheon

Oligopoly

32.9%

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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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.