VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Wednesday, December 31, 2025
Stock Comparison
Fortinet, Inc. vs IDEXX Laboratories, Inc.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Fortinet, Inc.
FTNT · NASDAQ
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into Fortinet, Inc.'s moat claims, evidence, and risks.
View FTNT analysisIDEXX Laboratories, Inc.
IDXX · NASDAQ
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Full stock profile
Dive deeper into IDEXX Laboratories, Inc.'s moat claims, evidence, and risks.
View IDXX analysisComparison highlights
- Moat score gap: Fortinet, Inc. leads (84 / 100 vs 82 / 100 for IDEXX Laboratories, Inc.).
- Segment focus: Fortinet, Inc. has 2 segments (68% in Subscriptions & Support Services); IDEXX Laboratories, Inc. has 4 segments (91.7% in Companion Animal Group).
- Primary market structure: Quasi-Monopoly vs Oligopoly. Pricing power: Strong vs Strong.
- Moat breadth: Fortinet, Inc. has 7 moat types across 3 domains; IDEXX Laboratories, Inc. has 5 across 3.
Primary market context
Fortinet, Inc.
Subscriptions & Support Services
Cybersecurity subscriptions and technical support for Fortinet installed base (FortiGuard + FortiCare)
Global
Installed-base enterprises and channel partners
Vendor (subscription/support services)
68%
IDEXX Laboratories, Inc.
Companion Animal Group
Veterinary diagnostics and practice management software for companion animals
Global
Veterinary practices, corporate veterinary groups, and reference laboratories
Diagnostics platform owner (in-clinic instruments + consumables) and reference lab/service provider; practice management software provider
91.7%
Side-by-side metrics
Moat coverage
Shared moat types
Fortinet, Inc. strengths
IDEXX Laboratories, Inc. strengths
Segment mix
Fortinet, Inc. segments
Full profile >Secure Networking Products
Oligopoly
Subscriptions & Support Services
Quasi-Monopoly
IDEXX Laboratories, Inc. segments
Full profile >Companion Animal Group
Oligopoly
Water Quality Products
Oligopoly
Livestock, Poultry and Dairy
Competitive
Other (OPTI Medical and out-licensing)
Competitive
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View the moat stocks listCuration & 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.