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 2026-07-19Perrigo's concentration risk sits mostly on the supply side. The company maintains several single-source supplier relationships, either because no alternative source exists or because the relationship is otherwise advantageous — a high-share dependency exposure with no diversification cushion if one of those relationships is disrupted. On the customer side, the top ten customers accounted for 47% of consolidated net sales in both 2025 and 2024, a medium-share dependency, while within that group Walmart Inc. alone represented 12.9% of consolidated net sales in 2025, up from 11.9% in 2024 — a low-share exposure. These two exposures net out differently. The single-source supplier dependence is the more consequential of the two because it is undiversified by construction — any disruption at one of those suppliers has no immediate substitute — whereas the customer-side concentration is spread across ten accounts, with the largest single name, Walmart, contributing only a low-share slice of sales. The customer concentration is therefore more diversification-tolerant than the supply-side exposure, which is the one line most capable of moving the verdict on its own.
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.