VOL. XCIV, NO. 247
★ WIDE MOAT STOCKS COMPARISON ★
NO ADVICE
Sunday, January 11, 2026
Stock Comparison
Waters Corporation vs Zoetis Inc.
Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.
Waters 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 analysisZoetis Inc.
ZTS · New York Stock Exchange
Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.
Comparison highlights
- Moat score gap: Zoetis Inc. leads (73 / 100 vs 66 / 100 for Waters Corporation).
- Segment focus: Waters Corporation has 4 segments (34.9% in Waters instrument systems); Zoetis Inc. has 3 segments (67.8% in Companion Animal Products).
- Primary market structure: Oligopoly vs Oligopoly. Pricing power: Moderate vs Strong.
- Moat breadth: Waters Corporation has 7 moat types across 2 domains; Zoetis Inc. has 9 across 3.
Primary market context
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%
Zoetis Inc.
Companion Animal Products
Companion animal veterinary medicines, vaccines and diagnostics
Global
Veterinarians, veterinary clinics, pet owners (via prescription/retail)
Manufacturer and marketer
67.8%
Side-by-side metrics
Moat coverage
Shared moat types
Waters Corporation strengths
Zoetis Inc. strengths
Segment mix
Waters Corporation segments
Full profile >Waters instrument systems
Oligopoly
Chemistry consumables
Competitive
Waters service & software maintenance
Competitive
TA instrument systems & service
Oligopoly
Zoetis Inc. segments
Full profile >Companion Animal Products
Oligopoly
Livestock Products
Oligopoly
Client Supply Services & Human Health
Competitive
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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.