VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 7, 2026

Stock Comparison

NIKE, Inc. vs Texas Roadhouse, Inc.

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

NIKE, Inc.

NKE · New York Stock Exchange

Market cap (USD)$95.4B
Gross margin (TTM)41.1%
Operating margin (TTM)6.5%
Net margin (TTM)5.4%
SectorConsumer
IndustryApparel - Footwear & Accessories
CountryUS
Data as of2025-12-23
Moat score
70/ 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 NIKE, Inc.'s moat claims, evidence, and risks.

View NKE analysis

Texas Roadhouse, Inc.

TXRH · NASDAQ Global Select Market

Market cap (USD)$11.6B
Gross margin (TTM)16.7%
Operating margin (TTM)8.9%
Net margin (TTM)7.5%
SectorConsumer
IndustryRestaurants
CountryUS
Data as of2026-01-06
Moat score
66/ 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 Texas Roadhouse, Inc.'s moat claims, evidence, and risks.

View TXRH analysis

Comparison highlights

  • Moat score gap: NIKE, Inc. leads (70 / 100 vs 66 / 100 for Texas Roadhouse, Inc.).
  • Segment focus: NIKE, Inc. has 3 segments (57.8% in Wholesale); Texas Roadhouse, Inc. has 3 segments (93.8% in Texas Roadhouse).
  • Moat breadth: NIKE, Inc. has 6 moat types across 4 domains; Texas Roadhouse, Inc. has 4 across 3.

Primary market context

NIKE, Inc.

Wholesale

Market

Branded athletic & casual footwear/apparel wholesale distribution

Geography

Global

Customer

Retailers, distributors, licensees

Role

Brand owner / wholesaler

Revenue share

57.8%

Texas Roadhouse, Inc.

Texas Roadhouse

Market

Casual dining steakhouse restaurants

Geography

United States (plus international via franchise)

Customer

Consumers

Role

Restaurant operator & franchisor

Revenue share

93.8%

Side-by-side metrics

NIKE, Inc.
Texas Roadhouse, Inc.
Ticker / Exchange
NKE - New York Stock Exchange
TXRH - NASDAQ Global Select Market
Market cap (USD)
$95.4B
$11.6B
Gross margin (TTM)
41.1%
16.7%
Operating margin (TTM)
6.5%
8.9%
Net margin (TTM)
5.4%
7.5%
Sector
Consumer
Consumer
Industry
Apparel - Footwear & Accessories
Restaurants
HQ country
US
US
Primary segment
Wholesale
Texas Roadhouse
Market structure
Competitive
Competitive
Market share
n/a
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
70 / 100
66 / 100
Moat domains
Demand, Supply, Network, Legal
Demand, Supply, Legal
Last update
2025-12-23
2026-01-06

Moat coverage

Shared moat types

Brand TrustIP Choke Point

NIKE, Inc. strengths

Procurement InertiaScale Economies Unit CostDistribution ControlEcosystem Complements

Texas Roadhouse, Inc. strengths

Operational ExcellenceHabit Default

Segment mix

NIKE, Inc. segments

Full profile >

Wholesale

Competitive

57.8%

Direct to Consumer (DTC)

Competitive

42.1%

Brand licensing & other

Competitive

0.2%

Texas Roadhouse, Inc. segments

Full profile >

Texas Roadhouse

Competitive

93.8%

Bubba's 33

Competitive

5.6%

Other (Jaggers + retail initiatives)

Competitive

0.6%

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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Looking for expansion-stage stocks?

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.