VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Thursday, January 8, 2026

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Stock Comparison

Brookfield Infrastructure Partners L.P. vs KKR & Co. Inc.

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

Brookfield Infrastructure Partners L.P.

BIP · New York Stock Exchange

Market cap (USD)$15.9B

Gross margin (TTM)26.4%

Operating margin (TTM)24.6%

Net margin (TTM)3.6%

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

KKR & Co. Inc.

KKR · New York Stock Exchange

Market cap (USD)$119.9B

Gross margin (TTM)19.5%

Operating margin (TTM)2.6%

Net margin (TTM)14.1%

SectorFinancials

IndustryAsset Management

CountryUS

Data as of2026-01-06

Moat score

67/ 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 KKR & Co. Inc.'s moat claims, evidence, and risks.

View KKR analysis

Comparison highlights

Moat score gap: Brookfield Infrastructure Partners L.P. leads (74 / 100 vs 67 / 100 for KKR & Co. Inc.).
Segment focus: Brookfield Infrastructure Partners L.P. has 4 segments; KKR & Co. Inc. has 3 segments (52.3% in Asset Management).
Primary market structure: Quasi-Monopoly vs Oligopoly. Pricing power: Moderate vs Moderate.
Moat breadth: Brookfield Infrastructure Partners L.P. has 4 moat types across 3 domains; KKR & Co. Inc. has 7 across 4.

Primary market context

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

KKR & Co. Inc.

Asset Management

Market

Alternative asset management (private equity, private credit, real assets, and related strategies)

Geography

Global

Customer

Institutional and wealth investors (LPs) allocating to private markets

Role

General partner / investment manager

Revenue share

52.3%

Side-by-side metrics

Brookfield Infrastructure Partners L.P.

KKR & Co. Inc.

Ticker / Exchange

BIP - New York Stock Exchange

KKR - New York Stock Exchange

Market cap (USD)

$15.9B

$119.9B

Gross margin (TTM)

26.4%

19.5%

Operating margin (TTM)

24.6%

2.6%

Net margin (TTM)

3.6%

14.1%

Sector

Utilities

Financials

Industry

Diversified Utilities

Asset Management

HQ country

Primary segment

Utilities

Asset Management

Market structure

Quasi-Monopoly

Oligopoly

Market share

n/a

3.5%-5% (implied)

HHI estimate

n/a

Pricing power

Moderate

Moat score

74 / 100

67 / 100

Moat domains

Legal, Demand, Supply

Demand, Supply, Financial, Legal

Last update

2025-12-31

2026-01-06

Moat coverage

Shared moat types

Long Term ContractsScale Economies Unit Cost

Brookfield Infrastructure Partners L.P. strengths

Concession LicensePhysical Network Density

KKR & Co. Inc. strengths

Brand TrustDeal sourcing and origination relationshipsFloat PrepaymentCompliance AdvantageCapital markets and exit execution capability

Segment mix

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

KKR & Co. Inc. segments

Full profile >

Asset Management

Oligopoly

52.3%

Insurance

Competitive

46.5%

Strategic Holdings

Competitive

1.2%

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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Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

View expansion-stage stocks

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.