VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Saturday, January 10, 2026
Stock Comparison
Hims & Hers Health, Inc. vs Ulta Beauty, Inc.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Hims & Hers Health, Inc.
HIMS · 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 Hims & Hers Health, Inc.'s moat claims, evidence, and risks.
View HIMS analysisUlta Beauty, Inc.
ULTA · 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 Ulta Beauty, Inc.'s moat claims, evidence, and risks.
View ULTA analysisComparison highlights
- Moat score gap: Ulta Beauty, Inc. leads (58 / 100 vs 51 / 100 for Hims & Hers Health, Inc.).
- Segment focus: Hims & Hers Health, Inc. has 2 segments (97.4% in Online Platform); Ulta Beauty, Inc. has 3 segments (94% in Beauty Products Retail).
- Moat breadth: Hims & Hers Health, Inc. has 3 moat types across 2 domains; Ulta Beauty, Inc. has 8 across 5.
Primary market context
Hims & Hers Health, Inc.
Online Platform
Direct-to-consumer telehealth + subscription pharmacy (cash-pay) for lifestyle and chronic conditions
Primarily United States
Consumers (end-users), paid out-of-pocket; supported by affiliated provider networks and pharmacy fulfillment
D2C digital health platform + fulfillment (mail-order pharmacy and partners)
97.4%
Ulta Beauty, Inc.
Beauty Products Retail
U.S. beauty products retail (specialty omnichannel beauty retailer)
United States
Consumers (end-users) shopping in-store and online
Specialty retailer / distributor
94%
Side-by-side metrics
Moat coverage
Shared moat types
No overlap yet.
Hims & Hers Health, Inc. strengths
Ulta Beauty, Inc. strengths
Segment mix
Hims & Hers Health, Inc. segments
Full profile >Online Platform
Competitive
Wholesale
Competitive
Ulta Beauty, Inc. segments
Full profile >Beauty Products Retail
Competitive
Beauty Services
Competitive
Platform Monetization (Retail Media, Credit Cards, Partner Royalties, Deferred Revenue)
Competitive
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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.