HIGHBuilt-inGeographic
91%
United States revenue
“10-K Item 1: 'Geographically, 91% of our fiscal year 2025 revenue was from sales in the United States, with the remaining 9% from sales in Canada.'”
VSTS · Concentration risk · 10-K extracted
Vestis (VSTS) concentration risks
Updated
The most significant concentration Vestis discloses is United States revenue at 91%, 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: Vestis’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH3
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).
HIGHBuilt-in & outside partyGeographic
60%
Mexico manufacturing (uniforms and linens)
“10-K Item 1: 'Approximately 60% of our uniforms and linens are manufactured in our two manufacturing plants in Mexico.'”
HIGHOutside partySupplier
single supplier for certain raw materials
“10-K Item 1A: 'Certain of our raw materials and products are currently and may in the future be limited to a single supplier'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Vestis's concentration risk is entirely high-share, spanning geography, manufacturing footprint, and supply. Revenue is overwhelmingly domestic: 91% of fiscal 2025 revenue came from the United States, with the remaining 9% from Canada — a structural feature of the business rather than a customer relationship that could fail on its own. Manufacturing tells a different geographic story: approximately 60% of uniforms and linens are made in two plants in Mexico, a high-share exposure the sources describe as mixed in character — part structural, since it's simply where the plants are located, and part counterparty risk, since a disruption there is not diversified across other facilities. The tightest link is supply: certain raw materials and products are currently, and may in the future be, limited to a single supplier — a high-share dependency where an idiosyncratic shock, such as a supplier failure, could hit production without an easy substitute. None of these three exposures offsets another; the revenue base, the manufacturing footprint, and the supply chain are three separate high-share concentrations that all point toward limited redundancy at multiple points in Vestis's value chain.
For the engine’s reasoning on VSTS’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Rental & Leasing Services
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| VSTS● | Vestis Corporation | 3 | 0 | 0 | 3 |
| CAR | Avis Budget Group, Inc. | 1 | 1 | 0 | 2 |
| GATX | GATX Corporation | 0 | 3 | 1 | 4 |
| CTOS | Custom Truck One Source, Inc. | 0 | 0 | 0 | 0 |
| EQPT | EquipmentShare.com Inc | 0 | 0 | 0 | 0 |
| HRI | Herc Holdings Inc. | 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.