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Philips
- Patents and Patent Applications57 KFY, 2021
- Revenue€17.2 BFY, 2021
- Market Capitalization€21.3 B2022-04-27
Philips Summary
Overview
Philips (also known as Koninklijke Philips and Royal Philips) is a company providing diagnostic imaging, image-guided therapy, patient monitoring, and health informatics, as well as in consumer health and home care products. It operates Diagnosis and Treatment, Connected Care, and Personal Health segments. The Diagnosis and Treatment segment offers vendor-neutral archive solutions, diagnostic and enterprise viewers, interactive multimedia reporting, AI-enabled clinical, operational, and business analytics tools, as well as teleradiology and diagnostic patient management services. The Connected Care segment provides monitoring and analytics, sleep and respiratory care, therapeutic care, population health management, and connected care informatics solutions. The Personal Health segment commercializes toothbrushes, Sonicare app, and brush heads, interdental, whitening, and other oral healthcare products, breast pumps, baby bottles, sterilizers, digital parental solutions, male grooming and beauty products, and domestic appliances. Additionally, Philips identifies the segment Other comprised of Innovation and Strategy, IP Royalties, Central costs, and other units.
- Manufacturing & Industrial
- Technology
- appliances
- application software
- consumer electronics
- electronics
- healthtech
- lighting
- medical imaging
- platform
| Type | Public | |
| Founded | 1891 | |
| HQ | Eindhoven, NL | Map |
| Website | philips.com | |
| Employee Ratings |   | |
| Overall Culture | B | More |
Locations
Table of Contents
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Key People/Management at Philips
Philips Office Locations
Philips has offices in Eindhoven, Alpharetta, Andover, Cambridge and in 86 other locations
Philips Financials and Metrics
Philips Revenue
Philips's revenue was reported to be €17.16 b in FY, 2021
EUR
| Revenue (FY, 2021) | €17.16 b |
| Gross profit (FY, 2021) | €7.17 b |
| Gross profit margin (FY, 2021), % | 41.8% |
| Net income (FY, 2021) | €3.32 b |
| EBIT (FY, 2021) | €553 m |
| Market capitalization (27-Apr-2022) | €21.28 b |
| Closing stock price(27-Apr-2022) | €24.45 |
| Cash (31-Dec-2021) | €2.3 b |
| EV | $25.95 b |
Philips's current market capitalization is €21.3 b.
EUR
FY, 2021
| EV/EBIT | 77.3 x |
| EV/CFO | 26.2 x |
| EV/FCF | 34.7 x |
| Revenue/Employee | 214.7 k |
| Debt/Equity | 0.5 x |
| Debt/Assets | 0.2 x |
| Financial Leverage | 2.1 x |
| P/E Ratio | 11.5 x |
Revenue Breakdown
Philips revenue breakdown by business segment: 26.8% from Connected Care & Health Informatics, 50.3% from Diagnosis & Treatment, 19.9% from Personal Health and 3.0% from Other
Philips revenue breakdown by geographic segment: 13.6% from China, 6.3% from Japan, 29.4% from Other Countries, 37.4% from United States and 13.3% from Other
Philips Operating Metrics
Philips's Manufacturing Facilities was reported to be 25 in FY, 2021.
Philips Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Intact Vascular | September 09, 2020 | |
| Medumo | July 17, 2019 | |
| Carestream Health - HCIS business | March 07, 2019 | |
| Blue Willow Sytems LLC | September 19, 2018 | |
| Xhale , Inc. | August 29, 2018 | |
| Remote Diagnostic Technologies Ltd | June 13, 2018 | |
| Nightbalance | May 08, 2018 | |
| VitalHealth Software Corp | December 08, 2017 | |
| Forcare | December 05, 2017 | |
| Analytical Informatics | November 24, 2017 |
Human Capital Metrics
Philips Hiring Categories
Philips Median Salaries
Source: 10 public H-1B filings from Philips
Philips Cybersecurity Score
Philips Environment, Social & Governance (ESG) Ratings
Market Position of Philips
Competitors
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Philips Website Traffic
Total Visits per monthSimilarWeb
Twitter Engagement Stats for @Philips
18.3 k
Tweets
1.16 k
Following
334.19 k
Followers
217
Tweets last 30 days
0.7
Avg. likes per Tweet
23%
Tweets with engagement
Philips Technology Stack![BuildWith Logo]()
ads
8 products used
- Channel Intelligence
- DoubleClick.Net
- Google Remarketing
- LinkedIn Ads
- Turn
- Twitter Ads
- Yahoo Publisher Network
- Yield Manager
analytics
10 products used
- Adobe Dynamic Tag Management
- Adobe Target Standard
- DoubleClick Floodlight
- Eloqua
- Omniture Adobe Test and Target
- Omniture SiteCatalyst
- Soasta mPulse
- Twitter Conversion Tracking
- Twitter Website Universal Tag
- Usabilla
CDN
6 products used
- Akamai
- CloudFront
- Content Delivery Network
- Facebook CDN
- GStatic Google Static Content
- Twitter CDN
cdns
1 product used
- Akamai Edge
Philips Company Culture![CultureAndCompensation Logo]()
Overall Culture
B
72/100
CEO Rating
A
77/100
Compensation
B+
74/100
Diversity
C
65/100
Philips News and Updates
Mar 28, 2022
Philips presents AI-powered Imaging Solutions at IRIA 2022
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology showcased its state-of-the-art AI-driven enterprise imaging portfolio, which includes digital imaging platforms, advanced informatics, and a suite of services at the 74th Annual Conference of the Indian Radiological and Imaging Association (IRIA) 2022. At the conference in Bengaluru, Philips also introduced its MR 5300 imaging system, which incorporates AI-driven technologies designed to automate the most complex clinical and operational tasks. The company’s other advanced solutions including Incisive CT SmartWorkflow, ‘Make in India’ Ultrasound systems, EPIQ Elite and Affiniti, and Philips handheld point-of-care ultrasound Lumify, Azurion 7, C90, R90 Digital Xray systems were also highlighted at the event.
Mar 24, 2022
Philips unveils its 2022 audio range, price starts at Rs 3,399
Philips has expanded its audio product lineup in India. The company has launched new headphones, party speakers and true wireless earbuds (TWS). These include Philips TWS TAT2206BK and Philips TAT2236BK, Philips TAA4216BK sports headphones,
Mar 16, 2022
Philips expands its Cybersecurity Services portfolio for healthcare providers
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the expansion of its medical device cybersecurity services portfolio at HIMSS22. Philips is introducing Secure Remote Access Management Service [1], leveraging the broad set of security capabilities enabled by the integration of SecureLink’s critical access management and governance technology with Philips Remote Services’ secure connectivity framework for technical and clinical support. The services provide benefits for healthcare providers including increased uptime, clinical performance, and advanced security to help protect access to their clinical solutions and medical devices.
Mar 16, 2022
Philips PACS interoperability helps Scotland’s National Health Service deliver leading breast cancer screening
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, and NHS National Services Scotland, a non-departmental public body that provides advice and services to National Health Service (NHS) Scotland, today revealed the impact of the COVID-19 pandemic on the Scottish Breast Screening Program (SBSP), and the measures taken to deal with the backlog of delayed appointments. Philips’ vendor-neutral Vue PACS (Picture Archiving and Communication System) allows the SBSP’s six breast screening centers and its mobile screening units to interoperate with Scotland’s national PACS system, increasing access to breast screening for Scotland’s rural communities, enhancing patient choice, and streamlining diagnostic and treatment workflows.
Mar 15, 2022
Latest release of Philips Capsule Surveillance receives FDA clearance
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, announced today at HIMSS22 that the latest Philips Capsule Surveillance solution has received 510(k) market clearance from the U.S. Food & Drug Administration (FDA), paving the way for widespread deployment across healthcare systems in the USA.
Mar 14, 2022
Philips showcases connected, scalable health informatics solutions at HIMSS22
Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, will showcase its latest secure, connected and scalable informatics solutions during the HIMSS22 Global Health Conference & Exhibition. Philips will share its deep clinical and operational expertise to support healthcare providers’ digital transformations and showcase its informatics suite that delivers data-driven actionable insights to advance precision care, support care along each patient’s pathway and improve transitions across care settings. Philips will spotlight how its integrated solutions address some of the most urgent needs that the industry faces today, including staff shortages and cybersecurity threats.
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View company- When was Philips founded?
- Philips was founded in 1891.
- Who are Philips key executives?
- Philips's key executives are Frans van Houten, Sophie Bechu and Roy Jakobs.
- How many employees does Philips have?
- Philips has 78,189 employees.
- What is Philips revenue?
- Latest Philips annual revenue is €17.16 b.
- What is Philips revenue per employee?
- Latest Philips revenue per employee is €214.74 k.
- Who are Philips competitors?
- Competitors of Philips include Abbott, ResMed and General Electric.
- Where is Philips headquarters?
- Philips headquarters is located at High Tech Campus 5, Eindhoven.
- Where are Philips offices?
- Philips has offices in Eindhoven, Alpharetta, Andover, Cambridge and 87 other locations
- How many offices does Philips have?
- Philips has 105 offices.
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