VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Thursday, January 8, 2026
Stock Comparison
The Progressive Corporation vs Spirax Group plc
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
The Progressive Corporation
PGR · 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 The Progressive Corporation's moat claims, evidence, and risks.
View PGR analysisSpirax Group plc
SPX · London 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 Spirax Group plc's moat claims, evidence, and risks.
View SPX analysisComparison highlights
- Moat score gap: The Progressive Corporation leads (75 / 100 vs 71 / 100 for Spirax Group plc).
- Segment focus: The Progressive Corporation has 2 segments (85% in Personal Lines); Spirax Group plc has 3 segments (52.1% in Steam Thermal Solutions).
- Moat breadth: The Progressive Corporation has 5 moat types across 2 domains; Spirax Group plc has 6 across 2.
Primary market context
The Progressive Corporation
Personal Lines
U.S. private passenger auto insurance (dominant) plus specialty personal lines and homeowners/renters (small portion)
United States
Individuals/households
Primary insurer (P&C)
85%
Spirax Group plc
Steam Thermal Solutions
Industrial and commercial steam systems (condensate management, controls, thermal energy management products and solutions)
Global
Industrial process operators and commercial facility operators
OEM / solutions provider
52.1%
Side-by-side metrics
Moat coverage
Shared moat types
The Progressive Corporation strengths
Spirax Group plc strengths
Segment mix
The Progressive Corporation segments
Full profile >Personal Lines
Oligopoly
Commercial Lines
Competitive
Spirax Group plc segments
Full profile >Steam Thermal Solutions
Oligopoly
Electric Thermal Solutions
Competitive
Watson-Marlow Fluid Technology Solutions
Oligopoly
Want the full wide moat stocks list?
Browse the full ranking of wide moat stocks, updated with moat scores and segment context.
View the moat stocks listLooking for expansion-stage stocks?
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.