VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Saturday, January 10, 2026
Stock Comparison
James Hardie Industries plc vs Waters Corporation
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
James Hardie Industries plc
JHX · ASX
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 analysisWaters Corporation
WAT · 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 Waters Corporation's moat claims, evidence, and risks.
View WAT analysisComparison highlights
- Moat score gap: James Hardie Industries plc leads (74 / 100 vs 66 / 100 for Waters Corporation).
- Segment focus: James Hardie Industries plc has 4 segments (64.2% in Siding & Trim); Waters Corporation has 4 segments (34.9% in Waters instrument systems).
- Primary market structure: Quasi-Monopoly vs Oligopoly. Pricing power: Moderate vs Moderate.
- Moat breadth: James Hardie Industries plc has 5 moat types across 2 domains; Waters Corporation has 7 across 2.
Primary market context
James Hardie Industries plc
Siding & Trim
North American fiber cement exterior siding & trim (plus related exterior products)
North America (primarily U.S. and Canada)
Homebuilders, contractors, remodelers, dealers/distributors, and retailers
Manufacturer / branded building-products supplier
64.2%
Waters Corporation
Waters instrument systems
Liquid chromatography (LC/UPLC) and mass spectrometry (MS) analytical instrument systems (including LC-MS workflows and instrument control/data system software)
Global
Pharma/biotech, industrial, academic and government laboratories
OEM + software/platform provider
34.9%
Side-by-side metrics
Moat coverage
Shared moat types
James Hardie Industries plc strengths
Waters Corporation strengths
Segment mix
James Hardie Industries plc segments
Full profile >Siding & Trim
Quasi-Monopoly
Deck, Rail & Accessories
Oligopoly
Australia & New Zealand
Oligopoly
Europe
Competitive
Waters Corporation segments
Full profile >Waters instrument systems
Oligopoly
Chemistry consumables
Competitive
Waters service & software maintenance
Competitive
TA instrument systems & service
Oligopoly
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Proven models entering the expansion stage with unit economics that work.
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.