Spectrum Brands Holdings, Inc. SPB

Competitive advantage analysis · consumer-defensive

Corporate Default
Overall moat score
50/100
Developing

About Spectrum Brands Holdings, Inc.

Spectrum Brands Holdings, Inc. operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, Latin America, and Asia-Pacific regions. The company operates through three segments: Home and Personal Care (HPC); Global Pet Care (GPC); and Home and Garden (H&G). The Home and Personal Care segment provides home appliances under the Black & … Full SPB analysis →

Competitive advantage assessment

Key strengths

  • Strong Liquidity Buffer Liquidity position is strong (score 0.70), providing operational cushion.
  • Operating Leverage in Effect Operating leverage is evident (score 0.80), with margins expanding over time.

Key risks

  • Scale Without Profitability Despite scale, profitability lags peers (score 0.38), suggesting limited competitive advantage.
  • Inconsistent Cash Generation Cash generation is inconsistent (score 0.43), indicating operational challenges.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Developing
43

Where SPB ranks in Household & Personal Products

Spectrum Brands Holdings, Inc. ranks #17 of 32 scored companies in Household & Personal Products by moat score — the top 53%. The widest moat in the group is Procter & Gamble Company (The) (PG) at 81/100.

Moat scores for companies ranked near SPB in Household & Personal Products
# Company Moat score Rating
13 e.l.f. Beauty, Inc. ELF 55/100 Moderate
14 Estee Lauder Companies, Inc. (T EL 53/100 Moderate
15 Nu Skin Enterprises, Inc. NUS 52/100 Moderate
16 Hims & Hers Health, Inc. HIMS 52/100 Moderate
17 Spectrum Brands Holdings, Inc. SPB 50/100 Developing
18 Edgewell Personal Care Company EPC 47/100 Developing
19 Grove Collaborative Holdings, I GROV 43/100 Developing
20 The Honest Company, Inc. HNST 40/100 Developing
21 Coty Inc. COTY 38/100 Developing

See every General Corporate company ranked by moat score →

How SPB scores on the Corporate Default defenses

Pricing Power

Score 43 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 61 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 49 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 36 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 58 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 55 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding SPB's moat

What is Spectrum Brands Holdings, Inc.'s moat score?

Spectrum Brands Holdings, Inc. (SPB) scores 50 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #17 of 32 scored companies in Household & Personal Products, the top 53%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 31 companies in Household & Personal Products. Its strongest defense is Cost Advantage (61/100) and its weakest is Capital Efficiency (36/100).

How does Spectrum Brands Holdings, Inc. compare with other Household & Personal Products companies?

Spectrum Brands Holdings, Inc. ranks #17 of 32 scored companies in Household & Personal Products by moat score. The widest moat in Household & Personal Products is Procter & Gamble Company (The) (PG) at 81/100. The companies ranked closest are Hims & Hers Health, Inc. (HIMS) at 52 just above it and Edgewell Personal Care Company (EPC) at 47 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 31 companies in Household & Personal Products. The defenses are then weighted to produce the overall score out of 100.

Why is Spectrum Brands Holdings, Inc. scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Spectrum Brands Holdings, Inc.?

The Corporate Default template measures 6 defenses, and SPB scores: Pricing Power (43), Cost Advantage (61), Customer Stickiness (49), Capital Efficiency (36), Resilience (58), Scale & Market Position (55). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

Send Feedback
Please select a category.
0/1000