HIGHOutside partySupplier
single or limited-number suppliers (select products)
“10-K Item 1A: 'Some of our products rely on a single or a limited number of suppliers.'”
EL · Concentration risk · 10-K extracted
Estee Lauder Companies, Inc. (T (EL) concentration risks
Updated
The most significant concentration Estee Lauder Companies, Inc. (T discloses is single or limited-number suppliers (select products), classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Estee Lauder Companies, Inc. (T’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH1
MEDIUM2
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partyCustomer
key retailers (department store customers)
“10-K Item 1A: 'Consolidation or liquidation in the retail trade, from these or other factors, may result in us becoming increasingly dependent on key retailers and could result in an increased risk related to the concentration of our customers.'”
MEDIUMBuilt-inGeographic
outside the United States
“10-K Item 1A: 'We operate on a global basis, with a substantial majority of our net sales and operating income generated outside the United States.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-09-06Estée Lauder's disclosed concentration risk spans supply, customer, and geography, with the supply-side dependency the most consequential of the three. Some of the company's products rely on a single or a limited number of suppliers, a high-share dependency where losing access to one of these sources could directly constrain product availability. On the customer side, the filing warns that consolidation or liquidation in the retail trade could leave the company increasingly dependent on key retailers, a medium-share exposure tied to the health and structure of the department-store and specialty-retail channel rather than any single named account today. Geographically, the company operates globally, with a substantial majority of net sales and operating income generated outside the United States, a medium-share reflection of an internationally diversified business rather than a fragile dependency on any one foreign market. Netting these together, the supplier dependency is the one exposure most capable of directly disrupting operations, since it is counterparty-specific and high-share, while the retail-channel and geographic exposures are more structural and macro-cyclical in nature — sensitive to trends in retail consolidation and regional consumer demand rather than to any single point of failure.
For the engine’s reasoning on EL’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Household & Personal Products
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CHD | Church & Dwight Company, Inc. | 3 | 2 | 1 | 6 |
| EL● | Estee Lauder Companies, Inc. (T | 1 | 2 | 0 | 3 |
| ELF | e.l.f. Beauty, Inc. | 1 | 1 | 4 | 6 |
| CL | Colgate-Palmolive Company | 0 | 2 | 1 | 3 |
| CLX | Clorox Company (The) | 0 | 0 | 0 | 0 |
| COTY | Coty Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.