top ten customers
“10-K Item 1: 'In 2025, sales to our top ten customers represented approximately 52% of total sales.'”
Updated
The most significant concentration Fortune Brands Innovations discloses is top ten customers at 52%, classified MEDIUM 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: Fortune Brands Innovations’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
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).
“10-K Item 1: 'In 2025, sales to our top ten customers represented approximately 52% of total sales.'”
“10-K Item 1: 'Sales to all U.S. home centers in the aggregate were approximately 26% of net sales in 2025.'”
“10-K Item 1: 'Approximately 16% of 2025 net sales were to international markets'”
“10-K Item 1: 'sales to two of the Company's customers, Lowe's Companies, Inc. ("Lowe's") and The Home Depot, Inc. ("The Home Depot"), each accounted for 11% of our net sales in 2025'”
“10-K Item 1: 'sales to two of the Company's customers, Lowe's Companies, Inc. ("Lowe's") and The Home Depot, Inc. ("The Home Depot"), each accounted for 11% of our net sales in 2025'”
Fortune Brands Innovations shows layered customer concentration. Its top ten customers represented approximately 52% of total sales in 2025, and within that, U.S. home centers in aggregate accounted for approximately 26% of net sales — both medium-scale, dependency-driven exposures. Within the home-center channel, Lowe's and The Home Depot each accounted for 11% of net sales, together representing the majority of that channel's contribution. International markets, by contrast, represented approximately 16% of 2025 net sales, a structural rather than dependency exposure and the only one not tied to a specific customer relationship. Netting these together, Fortune Brands' risk is concentrated in a small number of large domestic retail partners rather than in geography — the loss of either Lowe's or The Home Depot, or broader softness across U.S. home centers, would touch a disproportionate share of revenue relative to the company's comparatively modest international diversification.
For the engine’s reasoning on FBIN’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ARLO | Arlo Technologies, Inc. | 2 | 1 | 0 | 3 |
| AWI | Armstrong World Industries Inc | 1 | 1 | 2 | 4 |
| CARR | Carrier Global Corporation | 1 | 0 | 0 | 1 |
| FBIN● | Fortune Brands Innovations, Inc | 0 | 2 | 3 | 5 |
| AAON | AAON, Inc. | 0 | 1 | 0 | 1 |
| BLDR | Builders FirstSource, Inc. | 0 | 1 | 0 | 1 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.