VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Saturday, January 3, 2026

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Stock Comparison

Honeywell International Inc. vs Walmart Inc.

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

Honeywell International Inc.

HON · The Nasdaq Stock Market LLC

Market cap (USD)—

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorIndustrials

Industry—

CountryUS

Data as of2026-01-02

Moat score

58/ 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 Honeywell International Inc.'s moat claims, evidence, and risks.

View HON analysis

Walmart Inc.

WMT · New York Stock Exchange

Market cap (USD)$892.1B

Gross margin (TTM)24.9%

Operating margin (TTM)4.1%

Net margin (TTM)3.3%

SectorConsumer

IndustryDiscount Stores

CountryUS

Data as of2025-12-30

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 Walmart Inc.'s moat claims, evidence, and risks.

View WMT analysis

Comparison highlights

Moat score gap: Walmart Inc. leads (77 / 100 vs 58 / 100 for Honeywell International Inc.).
Segment focus: Honeywell International Inc. has 4 segments (40.2% in Aerospace Technologies); Walmart Inc. has 3 segments (68.3% in Walmart U.S.).
Primary market structure: Oligopoly vs Competitive. Pricing power: Strong vs Weak.
Moat breadth: Honeywell International Inc. has 9 moat types across 2 domains; Walmart Inc. has 6 across 4.

Primary market context

Honeywell International Inc.

Aerospace Technologies

Market

Aerospace systems, avionics, propulsion & aftermarket MRO services

Geography

Global

Customer

Aircraft OEMs, airlines/operators, defense & space contractors

Role

Tier-1 supplier + aftermarket service provider

Revenue share

40.2%

Walmart Inc.

Walmart U.S.

Market

U.S. omnichannel discount retail and grocery (supercenters, neighborhood markets, eCommerce)

Geography

United States

Customer

Consumers and small businesses; marketplace sellers and advertisers (for marketplace and retail media offerings)

Role

Retailer / marketplace operator / last-mile fulfillment network

Revenue share

68.3%

Side-by-side metrics

Honeywell International Inc.

Walmart Inc.

Ticker / Exchange

HON - The Nasdaq Stock Market LLC

WMT - New York Stock Exchange

Market cap (USD)

n/a

$892.1B

Gross margin (TTM)

n/a

24.9%

Operating margin (TTM)

n/a

4.1%

Net margin (TTM)

n/a

3.3%

Sector

Industrials

Consumer

Industry

n/a

Discount Stores

HQ country

Primary segment

Aerospace Technologies

Walmart U.S.

Market structure

Oligopoly

Competitive

Market share

n/a

20%-22% (reported)

HHI estimate

n/a

Pricing power

Strong

Weak

Moat score

58 / 100

77 / 100

Moat domains

Demand, Legal

Supply, Demand, Network, Financial

Last update

2026-01-02

2025-12-30

Moat coverage

Shared moat types

No overlap yet.

Honeywell International Inc. strengths

Installed Base ConsumablesRegulated Standards PipeData Workflow LockinSuite BundlingBrand TrustSwitching Costs GeneralIP Choke PointDesign In QualificationLong Term Contracts

Walmart Inc. strengths

Scale Economies Unit CostPhysical Network DensityHabit DefaultSupply Chain ControlEcosystem ComplementsFloat Prepayment

Segment mix

Honeywell International Inc. segments

Full profile >

Aerospace Technologies

Oligopoly

40.2%

Industrial Automation

Competitive

26.1%

Building Automation

Oligopoly

17%

Energy and Sustainability Solutions

Oligopoly

16.7%

Walmart Inc. segments

Full profile >

Walmart U.S.

Competitive

68.3%

Walmart International

Competitive

18.1%

Sam's Club U.S.

Oligopoly

13.6%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

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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.