Saturday 17 October 2026 Export PHG’s income statement to Excel — free account

Koninklijke Philips N.V.

Koninklijke Philips N.V.’s revenue for fiscal 2025 (year ended December 2025) was $20.2 billion, up 3.47% from fiscal 2024. In the quarter to June 2026, revenue grew 2.94%, EPS grew 56.7%, free cash flow grew 49.7% and total debt fell 9.93%, each against the same quarter a year earlier.

25.74 0.25 +0.98%

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Market cap: $24.9B
P/E: 18.8×
Fwd P/E: 11.2×
Dividend yield: 3.94%
F-score: 7/9
Altman Z: 1.98
Beneish M: −2.68
Dividend safety: 55/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 24,910.00

Revenue 20,576.48

Net Income 1,279.24

Free Cash Flow 1,849.65

Net Debt 5,190.29

Current Ratio 1.26

Debt/Equity 0.55

P/E ratio 18.80

Fwd P/E 11.20

P/S ratio 1.20

P/B ratio 1.84

Past 5Y EPS Growth (6.51%)

This Y EPS Growth (0.60%)

Next Y EPS Growth 2.18%

Next Y revenue growth (99.58%)

Next 5Y EPS Growth 4.36%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 32.07%

10-year low 10-year high

P/S against its own 10 years 39.29%

10-year low 10-year high

P/B against its own 10 years 28.97%

10-year low 10-year high

EV/Sales against its own 10 years 46.89%

10-year low 10-year high

EV/FCF against its own 10 years 43.22%

10-year low 10-year high

Dividends

Payout Ratio 0.75

Annual Dividend Rate 1.01

Annual Dividend Yield 3.94%

	total	individual payouts
2026	0.02	1.01
2025	0.02	0.97
2024	Powerpack
2022	0.88	0.88
2021	1.00	1.00
2020	0.94	0.94
2019	0.93	0.93
2018	0.91	0.91
2017	0.87	0.87
2016	0.87	0.87

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	2,075	2,675	3,253	2,153
Receivables	4,278	4,709	4,062	4,182
Inventory	3,778	3,461	3,247	3,739
Other	627	634	674	774
	10,758	10,845	11,237	10,848

	2023	2024	2025	Q'26
Payables	2,075	1,980	2,180	2,418
ST’ Debt	—	—	—	—
Other	4,033	4,425	2,977	2,960
	8,969	8,815	8,496	8,630

Compound Annual Growth %

	10y	5y	3y
Sales	(2.84%)	(1.99%)	2.42%
Cash Flow	0.23%	(16.01%)	0.00%
Earnings	3.52%	(5.67%)	0.00%
Book Value	(0.51%)	(1.77%)	(3.87%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4,570	5,069	—	—	—
’25	4,316	4,924	5,029	5,908	20,177
’24	—	4,805	4,813	—	19,501
’23	4,473	4,874	4,866	—	19,664
’22	4,397	4,445	4,341	10,353	18,783
’21	4,614	5,097	4,901	10,340	20,297
’20	4,588	4,839	5,822	13,557	22,315

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	220	436	—	—	—
’25	(983)	363	364	1,582	1,326
’24	—	(88)	—	—	1,698
’23	—	367	—	—	2,312
’22	—	(567)	—	383	(182)
’21	—	787	—	1,110	1,927
’20	—	772	—	2,563	3,172

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	33	259	—	—	—
’25	(1,150)	173	173	1,385	580
’24	—	(431)	—	—	980
’23	—	132	—	—	1,712
’22	—	(947)	—	383	(1,013)
’21	—	405	—	1,110	1,064
’20	—	281	—	2,563	2,117

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.19	0.47	—	—	—
’25	0.08	0.28	0.22	0.48	1.05
’24	—	0.52	0.21	—	(0.81)
’23	(0.80)	0.09	0.10	—	(0.55)
’22	0.05	(0.02)	(1.51)	(1.66)	(1.92)
’21	0.05	0.05	3.82	3.74	4.32
’20	0.04	0.25	0.43	1.21	1.47

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	23.00	28.71	33.66	32.98	30.50	33.60	11.75	15.46	19.55	21.48	Analyst estimates 2026–2028 Powerpack
	High	30.63	42.35	46.67	49.25	55.30	61.23	38.77	23.49	32.91	29.54
People
People	Employees	113,678	73,951	77,400	80,495	81,592	78,189	77,233	69,656	66,678	65,340
	Revenue/emp, $m	0.24	0.27	0.28	0.27	0.27	0.26	0.24	0.28	0.29	0.31
Income, $m
Income, $m	Revenue	27,129	20,097	21,401	21,820	22,315	20,297	18,783	19,664	19,501	20,177
	Gross margin, %	43.29	46.01	47.20	45.55	44.95	41.78	40.35	40.99	43.13	45.18
	EBT	1,537	1,556	1,775	1,712	1,702	602	(1,824)	(569)	133	1,337
	EBT margin, %	5.67	7.74	8.29	7.85	7.63	2.97	(9.71)	(2.90)	0.68	6.63
	Net income	1,650	2,114	1,296	1,314	1,365	3,931	(1,691)	(501)	(755)	1,015
	Depreciation	1,434	1,176	1,287	1,679	1,901	1,583	3,118	1,373	1,504	1,273
Per share, $
Per share, $	Revenue	29.55	21.64	23.19	24.16	24.58	22.45	21.30	21.43	20.89	21.28
	Earnings	1.75	2.01	1.39	1.45	1.50	4.34	(1.92)	(0.55)	(0.81)	1.06
	Cash flow	2.30	2.28	2.28	2.52	3.49	2.13	(0.21)	2.52	1.82	1.40
	Capex	(1.00)	(0.83)	(1.02)	(1.21)	(1.16)	(0.96)	(0.94)	(0.65)	(0.77)	(0.79)
	Free cash flow	1.29	1.44	1.26	1.31	2.33	1.18	(1.15)	1.87	1.05	0.61
	Book value	16.28	14.63	15.50	15.66	14.98	18.94	15.87	14.23	13.96	13.11
	Shares, m	918	929	923	903	908	904	882	917	933	948
Valuation, ×
Valuation, ×	P/E	17.44	18.53	13.30	18.34	27.57	4.69	0.00	0.00	27.23	24.87
	P/S	1.02	1.63	1.16	1.33	1.78	1.34	0.61	0.87	1.22	1.27
	P/B	1.85	2.49	2.33	3.17	3.50	2.04	1.02	1.61	1.84	2.07
	EV/Sales	1.08	1.75	1.23	1.44	1.89	1.53	0.89	1.14	1.51	1.50
	EV/FCF	24.71	24.70	13.40	16.31	13.45	10.93	(690.86)	(144.01)	(23.53)	52.15
Cash, $m
Cash, $m	Operating cash flow	2,107	2,114	2,102	2,275	3,172	1,927	(182)	2,312	1,698	1,326
	Capex	(920)	(773)	(941)	(1,095)	(1,055)	(864)	(830)	(600)	(717)	(746)
	Free cash flow	1,187	1,341	1,161	1,179	2,117	1,064	(1,013)	1,712	980	580
Balance, $m
Balance, $m	Working capital	3,986	3,675	1,924	2,779	3,989	3,427	2,450	1,789	2,030	2,741
	Total debt	4,450	4,571	4,047	5,532	6,517	7,658	7,660	7,614	7,697	7,845
	Net debt	1,643	2,313	1,496	3,935	2,712	4,859	6,284	5,539	5,022	4,592
	Shareholders’ equity	14,948	13,590	14,310	14,140	13,595	17,125	13,995	13,054	13,032	12,434
Returns, %
Returns, %	ROA	4.57	5.82	4.34	4.29	4.38	11.50	(4.91)	(1.57)	(2.40)	3.27
	ROIC	7.85	6.74	8.02	6.37	6.75	1.86	(4.96)	(0.42)	1.98	5.91
	ROE	11.43	13.13	9.23	9.19	9.78	25.56	(10.89)	(3.73)	(5.82)	7.95

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
EW Edwards Lifesciences Corporation	$50.8B	49.8×	30.7×	+13.63% (above 0%: growing)	−26.32% (below 0%: shrinking)	+142.84% (above 0%: growing)	77.46%	29.48%	Compare
DXCM DexCom, Inc.	$33.1B	33.2×	29.8×	+13.08% (above 0%: growing)	+41.30% (above 0%: growing)	−11.68% (below 0%: shrinking)	63.44%	24.33%	Compare
GEHC GE HealthCare Technologies Inc.	$31.8B	16.0×	14.4×	+5.75% (above 0%: growing)	+16.98% (above 0%: growing)	+750.00% (above 0%: growing)	41.17%	13.96%	Compare
PHG Koninklijke Philips N.V.	$24.9B	18.8×	11.2×	+2.94% (above 0%: growing)	+56.67% (above 0%: growing)	+49.74% (above 0%: growing)	49.31%	13.99%
STE STERIS plc	$21.9B	27.1×	23.6×	+7.30% (above 0%: growing)	+13.89% (above 0%: growing)	−14.36% (below 0%: shrinking)	45.84%	19.15%	Compare
ZBH Zimmer Biomet Holdings, Inc.	$18.0B	23.0×	17.7×	+4.80% (above 0%: growing)	+33.77% (above 0%: growing)	+13.05% (above 0%: growing)	70.81%	14.98%	Compare
PEN Penumbra, Inc.	$12.7B	78.4×	63.5×	+14.90% (above 0%: growing)	−24.79% (below 0%: shrinking)	+10.81% (above 0%: growing)	67.93%	10.52%	Compare
SNN Smith & Nephew SNATS, Inc.	$12.2B	35.4×	18.6×	+7.99% (above 0%: growing)	−14.23% (below 0%: shrinking)	+293.94% (above 0%: growing)	69.42%	0.00%	Compare
GMED Globus Medical, Inc.	$10.6B	19.3×	20.3×	+5.94% (above 0%: growing)	−25.33% (below 0%: shrinking)	+571.30% (above 0%: growing)	69.42%	23.10%	Compare
Median of peers	$19.9B	30.2×	22.0×	+7.64%	−0.17%	+77.95%	68.68%	17.07%

All 149 Medical Devices stocks →

Koninklijke Philips N.V. (PHG) key facts

Strength: Koninklijke Philips N.V.’s revenue for fiscal 2025 (year ended December 2025) was $20.2 billion, up 3.47% from fiscal 2024.
Koninklijke Philips N.V. (PHG) is a Medical Devices company in the Healthcare sector, traded in the US as an ADR.
Net income was $1.0 billion, or $1.06 per share (basic), a net margin of 5.02%.
As of October 16, 2026, PHG traded at $25.74, a market capitalization of $24.9 billion.
At that price the stock trades at 18.8× trailing-twelve-month earnings and 1.2× sales; its P/E is higher than 32% of its own readings over the past ten years.
Koninklijke Philips N.V. pays an annual dividend of $1.01 per share, a yield of 3.94%, with a payout ratio of 74.7%.
Return on equity was 7.95% and debt-to-equity 0.55.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 1.98 (grey zone) for fiscal 2025.