HIGHOutside partySupplier
single-source suppliers
“10-K Item 1A: 'We maintain several single-source supplier relationships, either because alternative sources are not available or because the relationship is advantageous'”
PRGO · Concentration risk · 10-K extracted
Perrigo Company (PRGO) concentration risks
Updated
The most significant concentration Perrigo Company discloses is single-source 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: Perrigo Company’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH1
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).
MEDIUMOutside partyCustomer
47%
top ten customers
“10-K Item 1: 'Our top ten customers accounted for 47% of our total consolidated net sales in 2025 and 2024.'”
LOWOutside partyCustomer
12.9%
Walmart Inc.
“10-K Item 1: 'Sales to Walmart Inc. represented 12.9% and 11.9% of our consolidated net sales in 2025 and 2024, respectively.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-12Perrigo's concentration risk spans both supply and customer channels. On the supply side, the company maintains several single-source supplier relationships, either because alternatives aren't available or because the relationship is advantageous — a high-share dependency embedded in how certain products are sourced, though no specific supplier or percentage is disclosed. On the customer side, the top ten customers accounted for 47% of total consolidated net sales in both 2025 and 2024, a stable medium-share dependency. Within that group, Walmart Inc. stands out individually, representing 12.9% of consolidated net sales in 2025, up from 11.9% in 2024 — a low-share but modestly growing single-customer exposure. Taken together, the picture is one where nearly half of sales flow through ten retail relationships, with Walmart alone and growing as the largest single thread within that group, layered on top of an unquantified but high-share reliance on sole-source suppliers for certain products. The customer-side concentration is the more trackable and increasingly relevant exposure given Walmart's rising share, while the supplier dependency is the less visible but potentially more disruptive risk if any single-source relationship were to break down.
For the engine’s reasoning on PRGO’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Drug Manufacturers - Specialty & Generic
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ANIP | ANI Pharmaceuticals, Inc. | 2 | 1 | 0 | 3 |
| AMLX | Amylyx Pharmaceuticals, Inc. | 2 | 0 | 0 | 2 |
| AMPH | Amphastar Pharmaceuticals, Inc. | 1 | 2 | 1 | 4 |
| PRGO● | Perrigo Company plc | 1 | 1 | 1 | 3 |
| AMRX | Amneal Pharmaceuticals, Inc. | 1 | 1 | 0 | 2 |
| ALKS | Alkermes plc | 0 | 1 | 1 | 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.