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Philips

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.
TypePublic
Founded1891
HQEindhoven, NLMap
Websitephilips.com
Employee Ratings
3.9
Overall CultureBMore

Locations

Philips is headquartered in
Eindhoven, Netherlands

Location Map

Latest Updates

Company Growth (employees)

Employees (est.) (Dec 2021)78,189(-4%)
Job Openings3,840
Website Visits (Feb 2022)5 m(-13%)
Revenue (FY, 2021)€17.2 B(-12%)
Share Price (Apr 2022)€24.5
Cybersecurity ratingBMore
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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.

EURFY, 2019FY, 2020FY, 2021
Revenue19.5 b19.5 b17.2 b
Revenue growth, %8%
Cost of goods sold10.6 b10.8 b10 b
Gross profit8.9 b8.8 b7.2 b
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021
Revenue4.2 b4.7 b4.7 b4.2 b4.4 b5 b3.8 b4.2 b4.2 b
Cost of goods sold2.3 b2.5 b2.5 b2.3 b2.6 b2.7 b2.3 b2.4 b2.2 b
Gross profit1.9 b2.1 b2.2 b1.8 b1.8 b2.2 b1.5 b1.8 b2 b
Gross profit Margin, %45%45%46%44%42%45%39%42%47%
show all

EURFY, 2019FY, 2020FY, 2021
Cash1.4 b3.2 b2.3 b
Accounts Receivable4.6 b4.2 b3.8 b
Inventories2.8 b3 b3.5 b
Current Assets9.5 b11.2 b10.3 b
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021
Cash1.5 b1.1 b1.1 b2.1 b2.3 b2.5 b1 b1 b3.8 b
Accounts Receivable3.8 b3.7 b3.3 b
Inventories3 b3.2 b3.2 b
Current Assets9.1 b10 b9.4 b
show all

EURFY, 2019FY, 2020FY, 2021
Net Income1.2 b1.2 b3.3 b
Depreciation and Amortization1.4 b1.5 b1.3 b
Accounts Receivable(274 m)87 m(39 m)
Inventories(174 m)(584 m)(581 m)
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021
Net Income162 m409 m208 m39 m249 m588 m40 m192 m3.2 b
Depreciation and Amortization601 m779 m671 m
Accounts Receivable351 m634 m461 m
Inventories(363 m)563 m(418 m)
show all

EUR
FY, 2021
EV/EBIT77.3 x
EV/CFO26.2 x
EV/FCF34.7 x
Revenue/Employee214.7 k
Debt/Equity0.5 x
Debt/Assets0.2 x
Financial Leverage2.1 x
P/E Ratio11.5 x
  • Philips Market Cap History

  • Philips Stock Price

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.

FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021
Suppliers8.5 k4.6 k4.9 k4.9 k3.3 k5.8 k
Service Providers 22 k18 k19 k19 k16 k18 k
Patents and Patent Applications79 k62 k65 k64.5 k62 k57 k
Trademarks49 k37.6 k39.4 k39 k37 k33 k

Philips Acquisitions / Subsidiaries

Company NameDateDeal Size
Intact VascularSeptember 09, 2020
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

Human Capital Metrics

Philips Hiring Categories

Philips Median Salaries

Source: 10 public H-1B filings from Philips

Philips Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Philips Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Philips Website Traffic

Total Visits per monthSimilarWeb

Philips Online and Social Media Presence

Twitter followers

334.19 k Twitter followers

6 Months

Philips has 334.19 k Twitter Followers. The number of followers has increased 0.02% month over month and increased 0.11% quarter over quarter.

Philips's Trends

Search term - Philips

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 StackBuildWith 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
Learn more on BuiltWith

Philips Company CultureCultureAndCompensation Logo

  • Overall Culture

    B

    72/100

  • CEO Rating

    A

    77/100

  • Compensation

    B+

    74/100

  • Diversity

    C

    65/100

Learn more on Comparably

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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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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