VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

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Friday, January 2, 2026

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Stock Comparison

KONE Oyj vs Melrose Industries PLC

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

KONE Oyj

KNEBV · Nasdaq Helsinki

Market cap (USD)$37B

Gross margin (TTM)—

Operating margin (TTM)—

Net margin (TTM)—

SectorIndustrials

Industry—

CountryFI

Data as of2026-01-02

Moat score

63/ 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 KONE Oyj's moat claims, evidence, and risks.

View KNEBV analysis

Melrose Industries PLC

MRO · London Stock Exchange

Market cap (USD)$7.7B

Gross margin (TTM)21.4%

Operating margin (TTM)7.6%

Net margin (TTM)4%

SectorIndustrials

IndustryIndustrial - Machinery

CountryGB

Data as of2025-12-28

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 Melrose Industries PLC's moat claims, evidence, and risks.

View MRO analysis

Comparison highlights

Moat score gap: Melrose Industries PLC leads (77 / 100 vs 63 / 100 for KONE Oyj).
Segment focus: KONE Oyj has 3 segments (40.6% in New Building Solutions); Melrose Industries PLC has 2 segments (57.9% in Structures).
Primary market structure: Oligopoly vs Oligopoly. Pricing power: Weak vs Moderate.
Moat breadth: KONE Oyj has 8 moat types across 4 domains; Melrose Industries PLC has 5 across 2.

Primary market context

KONE Oyj

New Building Solutions

Market

Elevator, escalator and automatic building door new equipment (new installations)

Geography

Global

Customer

Property developers and general contractors

Role

OEM + project installation

Revenue share

40.6%

Melrose Industries PLC

Structures

Market

Aerostructures and aircraft electrical wiring systems (EWIS)

Geography

Global

Customer

Airframe OEMs; defence primes

Role

Tier-1 aerospace supplier

Revenue share

57.9%

Side-by-side metrics

KONE Oyj

Melrose Industries PLC

Ticker / Exchange

KNEBV - Nasdaq Helsinki

MRO - London Stock Exchange

Market cap (USD)

$37B

$7.7B

Gross margin (TTM)

n/a

21.4%

Operating margin (TTM)

n/a

7.6%

Net margin (TTM)

n/a

Sector

Industrials

Industry

n/a

Industrial - Machinery

HQ country

Primary segment

New Building Solutions

Structures

Market structure

Oligopoly

Market share

n/a

HHI estimate

n/a

Pricing power

Weak

Moderate

Moat score

63 / 100

77 / 100

Moat domains

Supply, Financial, Demand, Legal

Demand, Supply

Last update

2026-01-02

2025-12-28

Moat coverage

Shared moat types

Capex Knowhow ScaleService Field Network

KONE Oyj strengths

Negative Working CapitalInstalled Base ConsumablesSwitching Costs GeneralData Workflow LockinOperational ExcellenceCompliance Advantage

Melrose Industries PLC strengths

Long Term ContractsDesign In QualificationCapacity Moat

Segment mix

KONE Oyj segments

Full profile >

New Building Solutions

Oligopoly

40.6%

Service (maintenance & repairs)

Competitive

40.6%

Modernization

Competitive

18.8%

Melrose Industries PLC segments

Full profile >

Engines

Oligopoly

42.1%

Structures

Oligopoly

57.9%

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.