VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Friday, January 9, 2026

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Stock Comparison

Domino's Pizza, Inc. vs Novartis AG

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

Domino's Pizza, Inc.

DPZ · Nasdaq Global Select Market

Market cap (USD)$13.9B

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorConsumer

Industry—

CountryUS

Data as of2026-01-06

Moat score

77/ 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 Domino's Pizza, Inc.'s moat claims, evidence, and risks.

View DPZ analysis

Novartis AG

NOVN · SIX Swiss Exchange

Market cap (USD)$210.7B

Gross margin (TTM)76.2%

Operating margin (TTM)31.2%

Net margin (TTM)25.5%

SectorHealthcare

IndustryDrug Manufacturers - General

CountryCH

Data as of2026-01-02

Moat score

65/ 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 Novartis AG's moat claims, evidence, and risks.

View NOVN analysis

Comparison highlights

Moat score gap: Domino's Pizza, Inc. leads (77 / 100 vs 65 / 100 for Novartis AG).
Segment focus: Domino's Pizza, Inc. has 3 segments (60.5% in Supply Chain); Novartis AG has 5 segments (29.3% in Oncology).
Primary market structure: Quasi-Monopoly vs Oligopoly. Pricing power: Moderate vs Strong.
Moat breadth: Domino's Pizza, Inc. has 7 moat types across 3 domains; Novartis AG has 4 across 3.

Primary market context

Domino's Pizza, Inc.

Supply Chain

Market

Pizza ingredients manufacturing & distribution for Domino's system stores

Geography

United States and Canada

Customer

Domino's franchisees and company-owned stores

Role

Manufacturer / distributor

Revenue share

60.5%

Novartis AG

Oncology

Market

Oncology and hematology branded medicines (including targeted therapies and radioligand therapy)

Geography

Global

Customer

Oncologists and hospitals; reimbursed by payers; hospital and specialty pharmacy channels

Role

Originator developer, manufacturer, and marketer of oncology therapies

Revenue share

29.3%

Side-by-side metrics

Domino's Pizza, Inc.

Novartis AG

Ticker / Exchange

DPZ - Nasdaq Global Select Market

NOVN - SIX Swiss Exchange

Market cap (USD)

$13.9B

$210.7B

Gross margin (TTM)

n/a

76.2%

Operating margin (TTM)

n/a

31.2%

Net margin (TTM)

n/a

25.5%

Sector

Consumer

Healthcare

Industry

n/a

Drug Manufacturers - General

HQ country

Primary segment

Supply Chain

Oncology

Market structure

Quasi-Monopoly

Oligopoly

Market share

n/a

HHI estimate

n/a

Pricing power

Moderate

Strong

Moat score

77 / 100

65 / 100

Moat domains

Supply, Demand, Network

Legal, Supply, Demand

Last update

2026-01-06

2026-01-02

Moat coverage

Shared moat types

Brand Trust

Domino's Pizza, Inc. strengths

Physical Network DensityHabit DefaultOperational ExcellenceSupply Chain ControlScale Economies Unit CostEcosystem Complements

Novartis AG strengths

IP Choke PointRegulated Standards PipeCapex Knowhow Scale

Segment mix

Domino's Pizza, Inc. segments

Full profile >

U.S. Stores

Oligopoly

32.8%

Supply Chain

Quasi-Monopoly

60.5%

International Franchise

Competitive

6.8%

Novartis AG segments

Full profile >

Cardiovascular, Renal and Metabolic

Oligopoly

17%

Immunology

Oligopoly

18.5%

Neuroscience

Oligopoly

9.4%

Oncology

Oligopoly

29.3%

Established Brands

Competitive

25.8%

Want the full wide moat stocks list?

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Looking for expansion-stage stocks?

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.