VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 7, 2026

Stock Comparison

Cochlear Limited vs Monster Beverage Corporation

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

Cochlear Limited

COH · ASX

Market cap (USD)$17B
Gross margin (TTM)74.5%
Operating margin (TTM)22.7%
Net margin (TTM)16.2%
SectorHealthcare
IndustryMedical - Devices
CountryAU
Data as of2026-01-04
Moat score
81/ 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 Cochlear Limited's moat claims, evidence, and risks.

View COH analysis

Monster Beverage Corporation

MNST · Nasdaq Global Select Market

Market cap (USD)$73.9B
Gross margin (TTM)55.8%
Operating margin (TTM)28.3%
Net margin (TTM)21.7%
SectorConsumer
IndustryBeverages - Non-Alcoholic
CountryUS
Data as of2025-12-31
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 Monster Beverage Corporation's moat claims, evidence, and risks.

View MNST analysis

Comparison highlights

  • Moat score gap: Cochlear Limited leads (81 / 100 vs 76 / 100 for Monster Beverage Corporation).
  • Segment focus: Cochlear Limited has 3 segments (62.4% in Cochlear Implants); Monster Beverage Corporation has 4 segments (91.6% in Monster Energy Drinks).
  • Moat breadth: Cochlear Limited has 8 moat types across 3 domains; Monster Beverage Corporation has 5 across 3.

Primary market context

Cochlear Limited

Cochlear Implants

Market

Cochlear implant systems (internal implant + external sound processors) for severe-to-profound hearing loss

Geography

Global

Customer

Hospitals/ENT clinics and audiology programs (providers) serving implant candidates/recipients; reimbursed by public/private payers

Role

Medical device OEM / platform owner (implant + processor + fitting software + clinical support)

Revenue share

62.4%

Monster Beverage Corporation

Monster Energy Drinks

Market

Energy drinks

Geography

Global

Customer

Retail consumers (via bottlers/distributors and retailers); some direct-to-retail

Role

Brand owner, marketer, and RTD finished-goods seller

Revenue share

91.6%

Side-by-side metrics

Cochlear Limited
Monster Beverage Corporation
Ticker / Exchange
COH - ASX
MNST - Nasdaq Global Select Market
Market cap (USD)
$17B
$73.9B
Gross margin (TTM)
74.5%
55.8%
Operating margin (TTM)
22.7%
28.3%
Net margin (TTM)
16.2%
21.7%
Sector
Healthcare
Consumer
Industry
Medical - Devices
Beverages - Non-Alcoholic
HQ country
AU
US
Primary segment
Cochlear Implants
Monster Energy Drinks
Market structure
Oligopoly
Oligopoly
Market share
60%-65% (reported)
33%-35% (reported)
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
81 / 100
76 / 100
Moat domains
Demand, Legal, Supply
Supply, Demand, Legal
Last update
2026-01-04
2025-12-31

Moat coverage

Shared moat types

Brand Trust

Cochlear Limited strengths

Compliance AdvantageCapex Knowhow ScaleIP Choke PointService Field NetworkInstalled Base ConsumablesFormat Lock InData Workflow Lockin

Monster Beverage Corporation strengths

Distribution ControlPreferential Input AccessContractual ExclusivitySpecialty flavor formulations (AFF)

Segment mix

Cochlear Limited segments

Full profile >

Cochlear Implants

Oligopoly

62.4%

Services

Monopoly

25.9%

Acoustics

Oligopoly

11.7%

Monster Beverage Corporation segments

Full profile >

Monster Energy Drinks

Oligopoly

91.6%

Strategic Brands

Oligopoly

5.8%

Alcohol Brands

Competitive

2.3%

Other (AFF Third-Party Products)

Competitive

0.3%

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 list

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.