VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Sunday, January 11, 2026

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Stock Comparison

InterContinental Hotels Group PLC vs James Hardie Industries plc

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

InterContinental Hotels Group PLC

IHG · London Stock Exchange

Market cap (USD)$18.8B

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorConsumer

Industry—

CountryGB

Data as of2026-01-10

Moat score

57/ 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 InterContinental Hotels Group PLC's moat claims, evidence, and risks.

View IHG analysis

James Hardie Industries plc

JHX · ASX

Market cap (USD)$18.8B

Gross margin (TTM)36.3%

Operating margin (TTM)13.6%

Net margin (TTM)4.7%

SectorMaterials

IndustryConstruction Materials

CountryIE

Data as of2025-12-28

Moat score

74/ 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 James Hardie Industries plc's moat claims, evidence, and risks.

View JHX analysis

Comparison highlights

Moat score gap: James Hardie Industries plc leads (74 / 100 vs 57 / 100 for InterContinental Hotels Group PLC).
Segment focus: InterContinental Hotels Group PLC has 5 segments (36% in Fee business (franchise, management and ancillary fees)); James Hardie Industries plc has 4 segments (64.2% in Siding & Trim).
Primary market structure: Oligopoly vs Quasi-Monopoly. Pricing power: Moderate vs Moderate.
Moat breadth: InterContinental Hotels Group PLC has 8 moat types across 3 domains; James Hardie Industries plc has 5 across 2.

Primary market context

InterContinental Hotels Group PLC

Fee business (franchise, management and ancillary fees)

Market

Branded hotel franchising and management services

Geography

Global

Customer

Hotel owners and developers

Role

Franchisor and hotel manager (asset-light brand platform)

Revenue share

36%

James Hardie Industries plc

Siding & Trim

Market

North American fiber cement exterior siding & trim (plus related exterior products)

Geography

North America (primarily U.S. and Canada)

Customer

Homebuilders, contractors, remodelers, dealers/distributors, and retailers

Role

Manufacturer / branded building-products supplier

Revenue share

64.2%

Side-by-side metrics

InterContinental Hotels Group PLC

James Hardie Industries plc

Ticker / Exchange

IHG - London Stock Exchange

JHX - ASX

Market cap (USD)

$18.8B

Gross margin (TTM)

n/a

36.3%

Operating margin (TTM)

n/a

13.6%

Net margin (TTM)

n/a

4.7%

Sector

Consumer

Materials

Industry

n/a

Construction Materials

HQ country

Primary segment

Fee business (franchise, management and ancillary fees)

Siding & Trim

Market structure

Oligopoly

Quasi-Monopoly

Market share

n/a

88%-92% (estimated)

HHI estimate

n/a

Pricing power

Moderate

Moat score

57 / 100

74 / 100

Moat domains

Demand, Supply, Network

Supply, Demand

Last update

2026-01-10

2025-12-28

Moat coverage

Shared moat types

Brand TrustLong Term ContractsDistribution Control

InterContinental Hotels Group PLC strengths

Scale Economies Unit CostTwo Sided NetworkPass-through reimbursement revenueAsset-heavy hotel operations (limited moat)Immaterial ancillary activity

James Hardie Industries plc strengths

Capex Knowhow ScaleOperational Excellence

Segment mix

InterContinental Hotels Group PLC segments

Full profile >

Fee business (franchise, management and ancillary fees)

Oligopoly

36%

System Fund (marketing, reservations and loyalty assessments)

Monopoly

32.7%

Reimbursable revenues (managed hotel staff reimbursements)

Competitive

20.3%

Owned, leased and managed lease hotels

Competitive

10.5%

Insurance activities (ancillary)

Competitive

0.5%

James Hardie Industries plc segments

Full profile >

Siding & Trim

Quasi-Monopoly

64.2%

Deck, Rail & Accessories

Oligopoly

11.7%

Australia & New Zealand

Oligopoly

11.6%

Europe

Competitive

12.5%

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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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.