VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 7, 2026

Stock Comparison

Copart, Inc. vs Interactive Brokers Group, Inc.

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

Copart, Inc.

CPRT · The NASDAQ Global Select Market

Market cap (USD)$37.3B
Gross margin (TTM)45.6%
Operating margin (TTM)37%
Net margin (TTM)34.2%
SectorIndustrials
IndustryAuto - Dealerships
CountryUS
Data as of2025-12-28
Moat score
71/ 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 Copart, Inc.'s moat claims, evidence, and risks.

View CPRT analysis

Interactive Brokers Group, Inc.

IBKR · NASDAQ

Market cap (USD)$123.6B
Gross margin (TTM)89%
Operating margin (TTM)82.7%
Net margin (TTM)9.2%
SectorFinancials
IndustryInvestment - Banking & Investment Services
CountryUS
Data as of2026-01-06
Moat score
60/ 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 Interactive Brokers Group, Inc.'s moat claims, evidence, and risks.

View IBKR analysis

Comparison highlights

  • Moat score gap: Copart, Inc. leads (71 / 100 vs 60 / 100 for Interactive Brokers Group, Inc.).
  • Segment focus: Copart, Inc. has 2 segments (83% in United States); Interactive Brokers Group, Inc. has 1 segment (100% in Electronic brokerage).
  • Primary market structure: Oligopoly vs Competitive. Pricing power: n/a vs Weak.
  • Moat breadth: Copart, Inc. has 5 moat types across 5 domains; Interactive Brokers Group, Inc. has 4 across 4.

Primary market context

Copart, Inc.

United States

Market

Online salvage & used vehicle remarketing services

Geography

United States

Customer

Vehicle sellers (insurance carriers, dealers, fleets) and vehicle buyers (dismantlers, rebuilders, dealers, exporters, consumers)

Role

Intermediary marketplace + ancillary services (transport, storage, title)

Revenue share

83%

Interactive Brokers Group, Inc.

Electronic brokerage

Market

Multi-asset electronic brokerage, clearing, custody, and financing (self-directed and institutional)

Geography

Global

Customer

Individual investors and institutional clients (e.g., hedge funds, advisors, proprietary trading firms, introducing brokers)

Role

Broker-dealer / clearing broker / platform operator

Revenue share

100%

Side-by-side metrics

Copart, Inc.
Interactive Brokers Group, Inc.
Ticker / Exchange
CPRT - The NASDAQ Global Select Market
IBKR - NASDAQ
Market cap (USD)
$37.3B
$123.6B
Gross margin (TTM)
45.6%
89%
Operating margin (TTM)
37%
82.7%
Net margin (TTM)
34.2%
9.2%
Sector
Industrials
Financials
Industry
Auto - Dealerships
Investment - Banking & Investment Services
HQ country
US
US
Primary segment
United States
Electronic brokerage
Market structure
Oligopoly
Competitive
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
n/a
Weak
Moat score
71 / 100
60 / 100
Moat domains
Network, Supply, Demand, Legal, Financial
Supply, Network, Legal, Demand
Last update
2025-12-28
2026-01-06

Moat coverage

Shared moat types

Data Workflow LockinCompliance Advantage

Copart, Inc. strengths

Two Sided NetworkService Field NetworkBenchmark Pricing Power

Interactive Brokers Group, Inc. strengths

Operational ExcellenceInteroperability Hub

Segment mix

Copart, Inc. segments

Full profile >

United States

Oligopoly

83%

International

Competitive

17%

Interactive Brokers Group, Inc. segments

Full profile >

Electronic brokerage

Competitive

100%

Want the full wide moat stocks list?

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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.