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Stocks with Durable Cost Advantages

Companies scoring 7+/10 on the cost advantages pillar — structurally cheaper to operate than anyone competing with them.

A cost advantage moat means a company can profitably sell at prices that would bankrupt its competitors. The advantage can come from scale (fixed costs spread over enormous volume), process (decades of accumulated manufacturing know-how), distribution density, or unique assets like the lowest-cost mine or the best retail locations. When the advantage is structural rather than temporary, the company faces a pleasant choice: match market prices and earn fatter margins, or undercut them and take share.

The critical distinction is between cost advantages competitors can replicate by spending money and those they cannot replicate at any reasonable price. Being currently cheaper is not a moat; being structurally cheaper is. MoatScan’s AI scores the cost advantages pillar from 0 to 10, weighing evidence like sustained margin gaps versus direct peers, unit cost trajectories, and whether the low-cost position survives a competitor with unlimited capital. Every company below scores at least 7 out of 10.

Cost moats matter most in commodity-like industries where price is the whole game — retail, logistics, insurance, materials — and they compound quietly: the share gains fund more scale, which deepens the cost gap. Open any analysis for the full pillar breakdown, financial health score, and fair value estimate.

#CompanyCost Advantages RatingMoat ScoreMoat RatingFinancial ScoreFair Value
1BRK.BBerkshire Hathaway Inc.9.5/1072Wide Moat68$595.00
2SPCXSpace Exploration Technologies Corp.9/1080Wide Moat54
3COSTCostco Wholesale Corporation9/1075Wide Moat79$1,542.62
4WMTWalmart Inc.9/1065Narrow Moat76$144.20
5AMZNAmazon.com Inc.8.5/1079Wide Moat77$355.01
6TPLTexas Pacific Land Corporation8.5/1076Wide Moat68$484.09
7UNPUnion Pacific Corporation8.5/1076Wide Moat74$278.53
8LINLinde plc8.5/1075Wide Moat73$605.60
9WMWaste Management, Inc.8.5/1075Wide Moat71$260.97
10CTASCintas Corporation8.5/1070Wide Moat80$272.73
11MLMMartin Marietta Materials, Inc.8.5/1062Narrow Moat
12URIUnited Rentals, Inc.8.5/1062Narrow Moat73$699.28
13TJXTJX Companies Inc8.5/1057Narrow Moat79$194.00
14ROSTRoss Stores Inc.8.5/1054Narrow Moat
15SCCOSouthern Copper Corporation8.5/1048Narrow Moat
16METAMeta Platforms, Inc.8/1082Wide Moat81$732.51
17GOOGLAlphabet Inc.8/1081Wide Moat82$401.86
18VVisa Inc.8/1081Wide Moat78$342.74
19HDThe Home Depot, Inc.8/1072Narrow Moat67$426.58
20AJGArthur J. Gallagher & Co.8/1070Narrow Moat66$487.45
21AMTAmerican Tower Corporation8/1070Wide Moat69$119.04
22IBKRInteractive Brokers Group, Inc.8/1070Narrow Moat74$90.34
23CSXCSX Corporation8/1068Narrow Moat61$51.10
24ODFLOld Dominion Freight Line, Inc.8/1068Narrow Moat73$123.72
25PLDPrologis, Inc.8/1068Narrow Moat68$130.67
26UNHUnitedHealth Group Incorporated8/1065Narrow Moat66$401.30
27TXNTexas Instruments Incorporated8/1063Narrow Moat
28TRGPTarga Resources Corp.8/1062Narrow Moat66$372.40
29PEPPepsiCo, Inc.8/1061Narrow Moat71$169.83
30RSGRepublic Services, Inc.8/1061Narrow Moat72$326.95
31AEPAmerican Electric Power Company, Inc.8/1058Narrow Moat62$100.13
32FSLRFirst Solar Inc.8/1051Narrow Moat
33VGVenture Global Inc.8/1051Narrow Moat
34RIORio Tinto Group8/1049Narrow Moat
35NVDANVIDIA Corporation7.5/1084Wide Moat88$331.30
36ASMLASML Holding N.V.7.5/1083Wide Moat82$1,353.00
37CMECME Group Inc.7.5/1083Wide Moat76$411.50
38SPGIS&P Global Inc.7.5/1083Wide Moat73$666.80
39CPRTCopart Inc.7.5/1081Wide Moat78$42.05
40TSMTaiwan Semiconductor Manufacturing Company Ltd.7.5/1080Wide Moat86$297.42
41ICEIntercontinental Exchange Inc.7.5/1079Wide Moat74$216.29
42KSPIJoint Stock Company Kaspi.kz7.5/1078Narrow Moat69$639.00
43MCDMcDonald's Corporation7.5/1077Wide Moat66$338.61
44GEGE Aerospace7.5/1075Wide Moat71$461.20
45VRSKVerisk Analytics Inc7.5/1074Narrow Moat67$217.97
46JPMJPMorgan Chase & Co.7.5/1073Narrow Moat74$371.34
47VRSNVeriSign Inc.7.5/1073Wide Moat65$330.24
48BLKBlackRock, Inc.7.5/1070Narrow Moat71$971.01
49NOWServiceNow, Inc.7.5/1070Narrow Moat78$59.88
50AZNAstraZeneca PLC7.5/1068Narrow Moat75$58.47
51CCEPCoca-Cola Europacific Partners PLC7.5/1068Narrow Moat69$117.46
52RYRoyal Bank of Canada7.5/1066Wide Moat
53CCICrown Castle Inc.7.5/1065Narrow Moat
54LLYEli Lilly and Company7.5/1065Wide Moat79$1,180.40
55NEENextEra Energy, Inc.7.5/1065Narrow Moat66$131.27
56POOLPool Corporation7.5/1065Narrow Moat
57DPZDomino's Pizza Inc7.5/1064Narrow Moat
58SHWSherwin-Williams Company7.5/1064Narrow Moat
59YUMCYum China Holdings, Inc.7.5/1064Narrow Moat
60FTNTFortinet Inc.7.5/1063Narrow Moat75$97.56
61EXRExtra Space Storage Inc.7.5/1062Narrow Moat63$113.05
62GLWCorning Incorporated7.5/1061Narrow Moat
63AZOAutoZone, Inc.7.5/1060Narrow Moat61$5,275.00
64CNPCenterPoint Energy, Inc.7.5/1060Narrow Moat59$39.93
65CRHCRH plc7.5/1060Narrow Moat
66ORLYO'Reilly Automotive Inc.7.5/1060Narrow Moat
67SYYSysco Corporation7.5/1057Narrow Moat66$102.50
68TMToyota Motor Corporation7.5/1057Narrow Moat71$204.42
69BALLBall Corporation7.5/1056Narrow Moat65$89.54
70PMPhilip Morris International Inc.7.5/1055Narrow Moat
71CAHCardinal Health, Inc.7.5/1054Narrow Moat58$240.24
72NUENucor Corp.7.5/1050Narrow Moat61$541.37
73BHPBHP Group Limited7.5/1046Narrow Moat
74FCXFreeport-McMoRan Inc.7.5/1046Narrow Moat
75MOSThe Mosaic Company7.5/1043Narrow Moat
76AAPLApple Inc.7/1081Wide Moat80$243.24
77CDNSCadence Design Systems Inc7/1079Wide Moat72$155.89
78MELIMercadoLibre, Inc.7/1077Wide Moat80$2,577.49
79MSFTMicrosoft Corp7/1077Wide Moat84$607.60
80AVGOBroadcom Inc.7/1076Wide Moat76$154.85
81BNYThe Bank of New York Mellon Corporation7/1075Narrow Moat73$127.57
82IDXXIDEXX Laboratories, Inc.7/1075Wide Moat78$508.91
83KLACKLA Corporation7/1075Wide Moat77$603.54
84DEDeere & Company7/1073Narrow Moat67$830.21
85VRTXVertex Pharmaceuticals Incorporated7/1071Narrow Moat76$566.95
86WMBThe Williams Companies, Inc.7/1070Narrow Moat63$79.21
87ADPAutomatic Data Processing, Inc.7/1069Narrow Moat75$259.42
88DHRDanaher Corporation7/1069Narrow Moat67$172.85
89LRCXLam Research Corporation7/1069Narrow Moat76$153.29
90TMOThermo Fisher Scientific Inc.7/1069Narrow Moat69$511.40
91BKThe Bank of New York Mellon Corporation7/1068Narrow Moat
92PAYXPaychex Inc.7/1068Narrow Moat66$112.01
93BKNGBooking Holdings Inc.7/1067Narrow Moat72$220.52
94PGRThe Progressive Corporation7/1067Narrow Moat
95AWKAmerican Water Works Company, Inc.7/1066Narrow Moat
96CATCaterpillar Inc.7/1066Narrow Moat71$1,088.80
97ECLEcolab Inc.7/1066Narrow Moat
98WFCWells Fargo & Company7/1066Narrow Moat68$63.78
99CBChubb Limited7/1065Narrow Moat
100AMEAmetek, Inc.7/1064Narrow Moat76$293.66

100 companies · List refreshed July 22, 2026 · Scores and fair values are AI-generated from each company's latest MoatScan analysis.

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Disclaimer: This list is generated by AI from archived analyses and is provided for informational purposes only. It does not constitute financial advice, investment recommendations, or an offer to buy or sell any security. Always conduct your own due diligence before making investment decisions.