HIGHOutside partySupplier
sole suppliers
“10-K Item 1A: 'certain components, raw materials and services needed to manufacture our products are obtained from sole suppliers'”
MDT · Concentration risk · 10-K extracted
Medtronic (MDT) concentration risks
Updated
The most significant concentration Medtronic discloses is sole suppliers, 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: Medtronic’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH1
MEDIUM0
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).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Medtronic's disclosed concentration risk is narrow but high-share: certain components, raw materials and services needed to manufacture its products are obtained from sole suppliers. Because this is a dependency-type exposure rather than a structural one, the risk is specific to those supplier relationships — a disruption at any one sole-source vendor could affect production of the products that rely on it, even though the overall business is otherwise broadly diversified across many product lines and geographies. With no customer, geographic, or product-line concentration disclosed at this size, sole-supplier dependency is the singular concentration factor here. For a company of Medtronic's scale and product breadth, a high-share supply dependency at the component level is a real but containable operational risk — it argues for monitoring supply-chain resilience and dual-sourcing initiatives rather than being a broad indictment of the overall investment case.
For the engine’s reasoning on MDT’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Medical Devices
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AORT | Artivion, Inc. | 4 | 4 | 0 | 8 |
| AVNS | Avanos Medical, Inc. | 2 | 0 | 1 | 3 |
| ATEC | Alphatec Holdings, Inc. | 1 | 1 | 0 | 2 |
| ABT | Abbott Laboratories | 1 | 0 | 0 | 1 |
| MDT● | Medtronic plc. | 1 | 0 | 0 | 1 |
| AHCO | AdaptHealth Corp. | 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.