OverviewSuggest Edit

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 tele-radiology 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.

TypePublic
Founded1891
HQEindhoven, NL
Websitephilips.com
Employee Ratings3.6
Culture scoreB-

Latest Updates

Employees (est.) (Dec 2019)80,495(+5%)
Job Openings1,322
Revenue (FY, 2019)€19.5 B(+8%)
Share Price (May 2020)€40.8 (-1%)

Key People/Management at Philips

Frans van Houten

Frans van Houten

Chief Executive Officer and Chairman of the Board of Management and the Executive Committee
Sophie Bechu

Sophie Bechu

Executive Vice President and Chief Operations Officer
Abhijit Bhattacharya

Abhijit Bhattacharya

Executive Vice President and Chief Financial Officer
Andy Ho

Andy Ho

Executive Vice President Chief Market Leader of Philips Greater China
Henk de Jong

Henk de Jong

Executive Vice President and Chief of International Markets
Rob Cascella

Rob Cascella

Executive Vice President and Chief Business Leader Precision Diagnosis
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Philips Office Locations

Philips has offices in Eindhoven, Amsterdam, Andover, Cambridge and in 70 other locations
Eindhoven, NL (HQ)
High Tech Campus
Amsterdam, NL
Breitnertoren, Amstelplein 2
Eindhoven, NL
Boschdijk 525
Eindhoven, NL
Groenewoudseweg 1
Eindhoven, NL
High Tech Campus 1b
Buenos Aires, AR
Vedia 3892
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Philips Financials and Metrics

Philips Revenue

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Philips's revenue was reported to be €19.48 b in FY, 2019 which is a 7.5% increase from the previous period.
EUR

Revenue (FY, 2019)

19.5b

Revenue growth (FY, 2018 - FY, 2019), %

7.5%

Gross profit (FY, 2019)

8.9b

Gross profit margin (FY, 2019), %

45.6%

Net income (FY, 2019)

1.2b

EBIT (FY, 2019)

1.6b

Market capitalization (21-May-2020)

36.6b

Closing stock price (21-May-2020)

40.8

Cash (31-Dec-2019)

1.4b

EV

40.6b
Philips's current market capitalization is €36.6 b.
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

24.5b17.8b18.1b19.5b

Revenue growth, %

4%(27%)2%8%

Cost of goods sold

13.9b9.6b9.6b10.6b

Gross profit

10.6b8.2b8.6b8.9b
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

5.7b4.3b4.1b3.9b4.3b4.3b4.2b4.7b4.7b

Cost of goods sold

3.3b2.4b2.2b2.2b2.3b2.2b2.3b2.5b2.5b

Gross profit

2.4b1.9b1.9b1.8b2.0b2.1b1.9b2.1b2.2b

Gross profit Margin, %

43%45%46%45%47%48%45%45%46%
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Cash

2.3b1.9b1.7b1.4b

Accounts Receivable

5.0b3.9b4.0b4.6b

Inventories

3.4b2.4b2.7b2.8b

Current Assets

14.1b10.1b9.6b9.5b
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

2.7b2.2b999.0m2.0b1.6b1.3b1.5b1.1b1.1b

Accounts Receivable

4.7b3.2b3.3b3.5b3.8b

Inventories

3.6b2.6b2.7b2.7b3.0b

Current Assets

13.9b15.5b14.6b9.1b9.1b
Annual
EURFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.5b1.9b1.1b1.2b

Depreciation and Amortization

1.3b1.0b1.1b1.4b

Inventories

44.0m(144.0m)(394.0m)(174.0m)

Accounts Payable

570.0m181.0m(311.0m)(369.0m)
Quarterly
EURQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

259.0m548.0m423.0m124.0m126.0m292.0m162.0m409.0m208.0m

Depreciation and Amortization

472.0m547.0m601.0m

Inventories

(246.0m)(367.0m)(363.0m)

Accounts Payable

(456.0m)417.0m605.0m
EURY, 2019

EV/EBIT

24.7 x

EV/CFO

20 x

EV/FCF

38.6 x

Revenue/Employee

246.9k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2.1 x

P/E Ratio

31.9
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Philips Operating Metrics

FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Patents and Patent Applications

76 k79 k62 k65 k64.50 k

Patents Issued

1.75 k1.69 k1.20 k1.12 k1.02 k

Trademarks

47 k49 k37.60 k39.40 k39 k

Designs

91 k86 k47.80 k61.30 k88.50 k
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Philips Acquisitions / Subsidiaries

Company NameDateDeal Size
MedumoJuly 17, 2019
Carestream Health - HCIS businessMarch 07, 2019
Blue Willow Sytems LLCSeptember 19, 2018
Xhale , Inc.August 29, 2018
Remote Diagnostic Technologies LtdJune 13, 2018
NightbalanceMay 08, 2018
VitalHealth Software CorpDecember 08, 2017
ForcareDecember 05, 2017
Analytical InformaticsNovember 24, 2017
TomTec Imaging SystemsJuly 18, 2017
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Philips Revenue Breakdown

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Philips revenue breakdown by business segment: 12.0% from Connected Care & Health Informatics, 21.8% from Diagnosis & Treatment, 15.0% from Personal Health, 12.0% from Connected Care & Health Informatics, 21.8% from Diagnosis & Treatment, 15.0% from Personal Health and 2.4% from Other

Philips revenue breakdown by geographic segment: 5.9% from Japan, 33.4% from United States, 13.6% from China, 5.4% from Germany, 31.8% from Other Countries and 9.9% from Other

Philips Online and Social Media Presence

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Philips Company Culture

  • Overall Culture

    B-

    68/100

  • CEO Rating

    B-

    69/100

  • Compensation

    A-

    77/100

  • Diversity

    C+

    66/100

Learn more on Comparably

Philips News and Updates

Beauty Devices 2018 Global Market Key Players -Procter & Gamble, Home Skinovations Ltd, Syneron Medical Ltd, Koninklijke Philips N.V., L'Oreal Group.....

Beauty Devices – Global Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2023 Posted via Industry Today. Follow us on Twitter @IndustryToday

Surgical Light 2018 Global Market Key Players – Stryker, Maquet, Hill-Rom, Steris, Draeger, Philips Button – Analysis and Forecast to 2022

WiseGuyRerports.com Presents “Global Surgical Light Market Report 2017” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Philips launches new cardiac ultrasound solutions with anatomical intelligence

AMSTERDAM, Aug. 22, 2018 /PRNewswire/ -- Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today introduced the EPIQ CVx cardiovascular ultrasound system. Built on the powerful EPIQ ultrasound platform, EPIQ CVx is specifically designed to increase diagnostic...

Smart Air Purifiers Market to Witness Huge Growth by 2025: Key Players - Koninklijke Philips, Unilever, Xiaomi

The study of the Smart Air Purifiers market by HTF MI provides the market size information and market trends along with factors and parameters impacting it in both short- and long-term. Posted via Industry Today. Follow us on Twitter @IndustryToday

Intelligent Coffee Machines 2018 Global Market Key Players - BEHMOR ,Jarden Consumer Solutions ,Nestl Nespresso ,Koninklijke ,Philips ,SMARTER APPLICATIONS ,Auroma Brewing Company And Forecast To 2023

Wiseguyreports.Com Adds “Intelligent Coffee Machines - Market Demand, Growth, Opportunities, Manufacturers, Analysis of Top Key Players and Forecast to 2023” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday

Vertical Farming, Plant Factory Market is Thriving | Key Players: Philips, OSRAM, Illumitex, GE, Valoya, Everlight Electronics

Vertical Farming, Plant Factory Market Latest Developments by Type, by End-Users/Application, by Region - Forecast and Business Outlook Posted via Industry Today. Follow us on Twitter @IndustryToday
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Philips Frequently Asked Questions

  • 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 Abhijit Bhattacharya.

  • How many employees does Philips have?

    Philips has 80,495 employees.

  • What is Philips revenue?

    Latest Philips annual revenue is €19.5 b.

  • What is Philips revenue per employee?

    Latest Philips revenue per employee is €242 k.

  • Who are Philips competitors?

    Competitors of Philips include LG, GE Healthcare and Samsung.

  • Where is Philips headquarters?

    Philips headquarters is located at High Tech Campus, Eindhoven.

  • Where are Philips offices?

    Philips has offices in Eindhoven, Amsterdam, Andover, Cambridge and in 70 other locations.

  • How many offices does Philips have?

    Philips has 88 offices.