VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 14, 2026

Stock Comparison

Hormel Foods Corporation vs Walmart Inc.

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

Hormel Foods Corporation

HRL · New York Stock Exchange

Market cap (USD)$12.8B
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorConsumer
Industry
CountryUS
Data as of2026-01-11
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 Hormel Foods Corporation's moat claims, evidence, and risks.

View HRL analysis

Walmart Inc.

WMT · New York Stock Exchange

Market cap (USD)$913.1B
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 Hormel Foods Corporation).
  • Segment focus: Hormel Foods Corporation has 3 segments (61.6% in Retail); Walmart Inc. has 3 segments (68.3% in Walmart U.S.).
  • Primary market structure: Competitive vs Competitive. Pricing power: Moderate vs Weak.
  • Moat breadth: Hormel Foods Corporation has 4 moat types across 2 domains; Walmart Inc. has 6 across 4.

Primary market context

Hormel Foods Corporation

Retail

Market

U.S. branded packaged foods sold through retail channels (grocery, mass, club, natural, drug, dollar/discount, e-commerce)

Geography

United States

Customer

Retailers and e-commerce platforms (sell-through to consumers)

Role

Branded manufacturer / marketer

Revenue share

61.6%

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

Hormel Foods Corporation
Walmart Inc.
Ticker / Exchange
HRL - New York Stock Exchange
WMT - New York Stock Exchange
Market cap (USD)
$12.8B
$913.1B
Gross margin (TTM)
n/a
24.9%
Operating margin (TTM)
n/a
4.1%
Net margin (TTM)
n/a
3.3%
Sector
Consumer
Consumer
Industry
n/a
Discount Stores
HQ country
US
US
Primary segment
Retail
Walmart U.S.
Market structure
Competitive
Competitive
Market share
n/a
20%-22% (reported)
HHI estimate
n/a
n/a
Pricing power
Moderate
Weak
Moat score
58 / 100
77 / 100
Moat domains
Demand, Supply
Supply, Demand, Network, Financial
Last update
2026-01-11
2025-12-30

Moat coverage

Shared moat types

No overlap yet.

Hormel Foods Corporation strengths

Brand TrustDistribution ControlScope EconomiesService Field Network

Walmart Inc. strengths

Scale Economies Unit CostPhysical Network DensityHabit DefaultSupply Chain ControlEcosystem ComplementsFloat Prepayment

Segment mix

Hormel Foods Corporation segments

Full profile >

Retail

Competitive

61.6%

Foodservice

Competitive

32.6%

International

Competitive

5.9%

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.

View the moat stocks list

Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

View expansion-stage stocks

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.