VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Saturday, January 10, 2026
Stock Comparison
Vulcan Materials Company vs Waters Corporation
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Vulcan Materials Company
VMC · 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 Vulcan Materials Company's moat claims, evidence, and risks.
View VMC 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: Vulcan Materials Company leads (73 / 100 vs 66 / 100 for Waters Corporation).
- Segment focus: Vulcan Materials Company has 3 segments (74.4% in Aggregates); Waters Corporation has 4 segments (34.9% in Waters instrument systems).
- Primary market structure: Oligopoly vs Oligopoly. Pricing power: Strong vs Moderate.
- Moat breadth: Vulcan Materials Company has 5 moat types across 2 domains; Waters Corporation has 7 across 2.
Primary market context
Vulcan Materials Company
Aggregates
Construction aggregates (crushed stone, sand & gravel)
United States (local/regional markets)
Construction contractors and public infrastructure agencies
Upstream raw materials producer
74.4%
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
Vulcan Materials Company strengths
Waters Corporation strengths
Segment mix
Vulcan Materials Company segments
Full profile >Aggregates
Oligopoly
Asphalt
Competitive
Concrete
Competitive
Waters Corporation segments
Full profile >Waters instrument systems
Oligopoly
Chemistry consumables
Competitive
Waters service & software maintenance
Competitive
TA instrument systems & service
Oligopoly
Want the full wide moat stocks list?
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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.