VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Thursday, January 8, 2026
Stock Comparison
BlackRock, Inc. vs Watsco, Inc.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
BlackRock, Inc.
BLK · New York Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into BlackRock, Inc.'s moat claims, evidence, and risks.
View BLK analysisWatsco, Inc.
WSO · New York Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Watsco, Inc.'s moat claims, evidence, and risks.
View WSO analysisComparison highlights
- Moat score gap: Watsco, Inc. leads (72 / 100 vs 59 / 100 for BlackRock, Inc.).
- Segment focus: BlackRock, Inc. has 7 segments (33% in iShares ETFs & ETPs); Watsco, Inc. has 1 segment (100% in HVAC/R Distribution).
- Primary market structure: Oligopoly vs Competitive. Pricing power: Moderate vs Moderate.
- Moat breadth: BlackRock, Inc. has 10 moat types across 2 domains; Watsco, Inc. has 4 across 3.
Primary market context
BlackRock, Inc.
iShares ETFs & ETPs
Exchange-traded funds (ETFs) and exchange-traded products (ETPs)
Global
Institutional and retail (via intermediaries)
ETF sponsor / asset manager
33%
Watsco, Inc.
HVAC/R Distribution
HVAC/R equipment, parts and supplies distribution
North America (U.S., Canada, Mexico, Puerto Rico; export to Latin America/Caribbean)
Licensed HVAC and refrigeration contractors (residential & commercial)
Wholesale distributor
100%
Side-by-side metrics
Moat coverage
Shared moat types
BlackRock, Inc. strengths
Watsco, Inc. strengths
Segment mix
BlackRock, Inc. segments
Full profile >iShares ETFs & ETPs
Oligopoly
Institutional Index Mandates (Non-ETF)
Oligopoly
Active & Multi-Asset (Public Markets)
Competitive
Alternatives & Private Markets
Oligopoly
Cash Management (MMFs & cash solutions)
Competitive
Aladdin & Technology Services
Oligopoly
Distribution & Advisory Services
Competitive
Watsco, Inc. segments
Full profile >HVAC/R Distribution
Competitive
Want the full wide moat stocks list?
Browse the full ranking of wide moat stocks, updated with moat scores and segment context.
View the moat stocks listLooking for expansion-stage stocks?
Proven models entering the expansion stage with unit economics that work.
View expansion-stage stocksCuration & 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.