VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 14, 2026

Stock Comparison

The Hershey Company vs Kimberly-Clark Corporation

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

The Hershey Company

HSY · New York Stock Exchange

Market cap (USD)$38.3B
Gross margin (TTM)37.5%
Operating margin (TTM)16.6%
Net margin (TTM)11.8%
SectorConsumer
IndustryFood Confectioners
CountryUS
Data as of2025-12-26
Moat score
75/ 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 The Hershey Company's moat claims, evidence, and risks.

View HSY analysis

Kimberly-Clark Corporation

KMB · New York Stock Exchange

Market cap (USD)$32.5B
Gross margin (TTM)
Operating margin (TTM)
Net margin (TTM)
SectorConsumer
Industry
CountryUS
Data as of2026-01-12
Moat score
61/ 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 Kimberly-Clark Corporation's moat claims, evidence, and risks.

View KMB analysis

Comparison highlights

  • Moat score gap: The Hershey Company leads (75 / 100 vs 61 / 100 for Kimberly-Clark Corporation).
  • Segment focus: The Hershey Company has 3 segments (81.4% in North America Confectionery); Kimberly-Clark Corporation has 3 segments (54.9% in North America).
  • Moat breadth: The Hershey Company has 4 moat types across 2 domains; Kimberly-Clark Corporation has 4 across 2.

Primary market context

The Hershey Company

North America Confectionery

Market

Branded chocolate and non-chocolate confectionery

Geography

United States and Canada

Customer

Retail consumers via grocery, mass, club and convenience

Role

Branded manufacturer and marketer

Revenue share

81.4%

Kimberly-Clark Corporation

North America

Market

North American consumer and professional hygiene products (personal care, consumer tissue, and away-from-home hygiene)

Geography

North America

Customer

Consumers and commercial facilities via retail/e-commerce and distributors

Role

Branded manufacturer and marketer

Revenue share

54.9%

Side-by-side metrics

The Hershey Company
Kimberly-Clark Corporation
Ticker / Exchange
HSY - New York Stock Exchange
KMB - New York Stock Exchange
Market cap (USD)
$38.3B
$32.5B
Gross margin (TTM)
37.5%
n/a
Operating margin (TTM)
16.6%
n/a
Net margin (TTM)
11.8%
n/a
Sector
Consumer
Consumer
Industry
Food Confectioners
n/a
HQ country
US
US
Primary segment
North America Confectionery
North America
Market structure
Oligopoly
Oligopoly
Market share
34%-38% (reported)
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
75 / 100
61 / 100
Moat domains
Demand, Supply
Demand, Supply
Last update
2025-12-26
2026-01-12

Moat coverage

Shared moat types

Brand TrustDistribution Control

The Hershey Company strengths

Operational ExcellenceScope Economies

Kimberly-Clark Corporation strengths

Scale Economies Unit CostCapex Knowhow Scale

Segment mix

The Hershey Company segments

Full profile >

North America Confectionery

Oligopoly

81.4%

North America Salty Snacks

Oligopoly

10.1%

International

Competitive

8.5%

Kimberly-Clark Corporation segments

Full profile >

North America

Oligopoly

54.9%

International Personal Care

Oligopoly

28.5%

International Family Care and Professional

Oligopoly

16.6%

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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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.