MEDIUMOutside partySupplier
sole suppliers for components, raw materials and services
“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 for components, raw materials and services, 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: Medtronic’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM1
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 2026-10-04Medtronic's one disclosed concentration is on the supply side: the 10-K states that certain components, raw materials and services needed to manufacture its products are obtained from sole suppliers. This is a medium-share exposure and a dependency rather than a structural feature of the business. The filing gives no percentage, so the exposure cannot be quantified from the source alone. The practical meaning is idiosyncratic. A sole supplier cannot be swapped quickly, so a quality problem, capacity shortfall, or regulatory action at that vendor could interrupt production of the affected products, with qualification of a replacement taking time in a regulated medical-device setting. That said, the disclosure is limited to certain inputs rather than the whole product range, which keeps the exposure bounded. Netting this out, the concentration is a real but contained operational risk. It is unlikely on its own to change the investment verdict, but it is worth monitoring for any disclosed supply interruptions, and it is clearly stated in the most recent 10-K.
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 |
| ATEC | Alphatec Holdings, Inc. | 1 | 1 | 0 | 2 |
| ABT | Abbott Laboratories | 1 | 0 | 0 | 1 |
| AVR | Anteris Technologies Global Cor | 1 | 0 | 0 | 1 |
| MDT● | Medtronic plc. | 0 | 1 | 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.