HIGHOutside partySupplier
Ilmor Engineering
“10-K Item 1: 'Ilmor Engineering, Inc. (“Ilmor”) is our exclusive engine supplier'”
MCFT · Concentration risk · 10-K extracted
MasterCraft Boat Holdings (MCFT) concentration risks
Updated
The most significant concentration MasterCraft Boat Holdings discloses is Ilmor Engineering, 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: MasterCraft Boat Holdings’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH2
MEDIUM1
LOW1
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).
HIGHOutside partySupplier
Mercury Marine
“10-K Item 1: 'we have partnered with Mercury to be the exclusive engine supplier'”
MEDIUMOutside partyCustomer
34%
top ten dealers
“10-K Item 1: 'the Company’s top ten dealers accounted for approximately 34% of our net sales and none of our dealers individually accounted for more than 10% of our total net sales'”
LOWBuilt-inGeographic
11.4%
international sales
“10-K Item 1: 'We generated 11.4%, 14.0%, and 10.8% of our net sales internationally in fiscal 2025, 2024, and 2023, respectively.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-19MasterCraft's concentration risk is concentrated squarely in its supply chain, with more modest customer and geographic exposure. The company relies on Ilmor Engineering as its exclusive engine supplier, a high-share dependency, and has separately partnered with Mercury to be the exclusive engine supplier for another portion of its lineup — also a high-share dependency. Both are single-source relationships rather than structural features of the business, meaning a supply disruption, quality issue, or contract dispute with either engine partner could directly affect production, a materially different risk profile than a diversified multi-supplier engine strategy would carry. On the distribution side, the top ten dealers accounted for a medium-share 34% of net sales, though the company notes no single dealer individually accounted for more than 10% of total net sales — a dependency risk but one spread across enough dealers that no one relationship dominates. Geographically, international sales were a low-share 11.4% of net sales in fiscal 2025, versus 14.0% in fiscal 2024 and 10.8% in fiscal 2023. On net, the dual exclusive-engine-supplier dependencies are the exposures most capable of an idiosyncratic disruption, while dealer and geographic concentration look comparatively diversified.
For the engine’s reasoning on MCFT’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Recreational Vehicles
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| HOG | Harley-Davidson, Inc. | 3 | 0 | 0 | 3 |
| MCFT● | MasterCraft Boat Holdings, Inc. | 2 | 1 | 1 | 4 |
| MBUU | Malibu Boats, Inc. | 1 | 2 | 1 | 4 |
| BC | Brunswick Corporation | 1 | 2 | 0 | 3 |
| LCII | LCI Industries | 1 | 1 | 2 | 4 |
| PATK | Patrick Industries, Inc. | 0 | 2 | 0 | 2 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.