Koninklijke Philips N.V. (PHG)

NYSE: PHG · Real-Time Price · USD
25.55
+0.52 (2.08%)
Feb 21, 2025, 4:00 PM EST - Market closed
2.08%
Market Cap 23.50B
Revenue (ttm) 18.66B
Net Income (ttm) -726.78M
Shares Out 925.01M
EPS (ttm) -0.78
PE Ratio n/a
Forward PE 15.28
Dividend $0.92 (3.58%)
Ex-Dividend Date May 9, 2024
Volume 2,295,387
Open 25.30
Previous Close 25.03
Day's Range 25.18 - 25.55
52-Week Range 19.75 - 32.91
Beta 0.79
Analysts Buy
Price Target n/a
Earnings Date Feb 19, 2025

About PHG

Koninklijke Philips N.V. operates as a health technology company in North America, the Greater China, and internationally. The company operates through Diagnosis & Treatment Businesses, Connected Care Businesses, and Personal Health Businesses segments. It also provides diagnostic imaging solutions, includes magnetic resonance imaging, X-ray systems, and computed tomography (CT) systems and software comprising detector-based spectral CT solutions, as well as molecular and hybrid imaging solutions for nuclear medicine; echography solutions focus... [Read more]

Industry Medical Devices
Sector Healthcare
Founded 1891
Employees 69,656
Stock Exchange NYSE
Ticker Symbol PHG
Full Company Profile

Financial Performance

In 2024, Koninklijke Philips's revenue was 18.02 billion, a decrease of -0.81% compared to the previous year's 18.17 billion. Losses were -702.00 million, 50.6% more than in 2023.

Financial numbers in EUR Financial Statements

News

Philips publishes its Annual Report 2024

February 21, 2025 Amsterdam, the Netherlands –  Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today published its Annual Report 2024. Philips' Annual Report 2024 will be ...

17 hours ago - GlobeNewsWire

Philips and Mass General Brigham announce collaboration to improve patient care with live AI-powered insights

February 21, 2025 Integrating advanced data analytics into clinical practice to improve patient care Amsterdam, The Netherlands and Cambridge, MA – Royal Philips (NYSE: PHG, AEX: PHIA), a global leade...

20 hours ago - GlobeNewsWire

Koninklijke Philips N.V. (PHG) Q4 2024 Earnings Call Transcript

Koninklijke Philips N.V. (NYSE:PHG) Q4 2024 Earnings Call Transcript February 19, 2025 3:00 AM ET Company Participants Leandro Mazzoni - Head of Investor Relations Roy Jakobs - Chief Executive Office...

2 days ago - Seeking Alpha

Royal Philips CEO: We expect China demand to be subdued this year before recovering

Roy Jakobs, Royal Philips CEO, joins CNBC's 'Money Movers' to discuss the company's most recent earnings.

2 days ago - CNBC Television

Philips Stock Falls As China Weakness Drags Q4 Earnings, 2025 Outlook

Dutch healthcare technology group Koninklijke Philips NV PHG stock is trading lower on Wednesday after the fourth quarter earnings missed expectations.

2 days ago - Benzinga

Philips Stock Plunges After Earnings. China Demand Was Weak.

The maker of healthcare equipment reported lower sales and adjusted earnings than Wall Street had expected.

2 days ago - Barrons

Weak Chinese Consumer Weighs on Philips' 2025 Sales Forecast

Worries about the strength of the Chinese market are weighing on international companies, with Koninklijke Philips (PHG) projecting lower sales in the country as its consumer appetite remains weak.

2 days ago - Investopedia

China is attractive 'long term,' says Philips CEO

Roy Jakobs, CEO of Philips, discusses earnings and his business outlook.

2 days ago - CNBC International TV

Philips issues its second straight profit warning on China. The stock is hammered, again.

Philips shares fell sharply on Wednesday as the Dutch healthcare equipment maker again warned on China and again triggered a big drop in its stock price.

2 days ago - Market Watch

Philips sees 2025 comparable sales growth between 1%-3%

Dutch healthcare technology company Philips forecast 2025 comparable sales growth between 1% and 3% on Wednesday after missing market expectations for the final quarter of last year partly due to a do...

2 days ago - Reuters

Philips proposes new Supervisory Board appointments and reappointments, and Board of Management reappointment

February 19, 2025 Amsterdam, the Netherlands –  Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced proposed Supervisory Board appointments and reappointments, ...

2 days ago - GlobeNewsWire

Philips delivers growth, improved profitability, and strong cash flow in Q4 and 2024; continues solid execution of its three-year plan

February 19, 2025 Full Year and Q4 Group performance highlights Sales of EUR 18.0 billion in 2024, comparable sales growth 1%; EUR 5.0 billion in Q4, comparable sales growth 1%, despite double-digit d...

2 days ago - GlobeNewsWire

Philips, World Bank, and Ukraine Ministry of Health announce successful deployment of nationwide acute stroke care upgrade, helping thousands of patients

February 10, 2025 Groundbreaking program that provides technology and training is reducing the impact of stroke, one of the leading causes of death and disability, by establishing an advanced nationwi...

11 days ago - GlobeNewsWire

Philips 66: Refining Hurts Q4, But Long-Term Value Remains

Phillips 66 shares have underperformed due to weak refining margins, but I remain bullish given the company's diversified business and cost rationalization efforts. Despite a Q4 loss, PSX's midstream ...

20 days ago - Seeking Alpha

Philips and leading dental practice network Tend collaborate to enhance patients' smiles with Philips Zoom! whitening portfolio

Tend patients can now access Philips Zoom! WhiteSpeed, which combines the power of hydrogen peroxide (HP) and advanced blue LED light technology to achieve brilliant results CAMBRIDGE, Mass.

22 days ago - PRNewsWire

Philips jumps 160 spots on the Forbes 2025 “Canada's Best Employers” list and gets a top spot in the Healthcare Equipment & Services Category

TORONTO--(BUSINESS WIRE)--Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that the company earned a spot on the Forbes “Canada's Best Employers 2025” list f...

23 days ago - Business Wire

Bridgefield Capital Enters into Definitive Agreement to Acquire Philips Emergency Care Business, Global Leader in Saving Lives

WASHINGTON , Jan. 28, 2025 /PRNewswire/ -- Bridgefield Capital, a private investment firm specializing in corporate carve-outs and special situations, announced today that it has entered into a defini...

24 days ago - PRNewsWire

Koninklijke Philips: Still Neutral After The JPM Healthcare Conference

Not a constructive view on 2025. The CEO's negative tone and a challenging Chinese operating environment support this. Following the Q3 results, the company revised its Q4 sales estimates downward. A ...

27 days ago - Seeking Alpha

Philips appoints Jie Xue as Chief Business Leader Precision Diagnosis, co-leader of the Diagnosis & Treatment segment, and Özlem Fidanci as Chief of International Region

January 9, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the appointment of Jie Xue as Chief Business Leader Precision D...

6 weeks ago - GlobeNewsWire

Philips sells small chipmaking subsidiary, Telegraaf reports

Healthcare technology company Philips has sold its Xiver computer chip subsidiary, the Telegraaf newspaper reported, citing Xiver's CEO.

6 weeks ago - Reuters

Seoul Semiconductor: Philips Lighting Products Ordered to Recall 7-Year-Old Items

SEOUL, South Korea--(BUSINESS WIRE)-- #CRI70--The German Federal Patent Court has confirmed the validity of Seoul Semiconductor's patents related to the CRI 70 technology.

2 months ago - Business Wire

NEFHSC, Baptist Health & Philips Give Local Families Free Pregnancy+ App

JACKSONVILLE, Fla.--(BUSINESS WIRE)--To help ensure more families have access to educational resources they need for healthy birth outcomes, the Northeast Florida Healthy Start Coalition (NEFHSC), Bap...

2 months ago - Business Wire

Philips is focused on a 'resilient and agile' supply chain: CEO

Philips (PHG) CEO Roy Jakobs sits down with Catalysts Hosts Seana Smith and Madison Mills to discuss the health tech company's strategy for President-elect Donald Trump's second term in the White Hous...

2 months ago - Yahoo Finance

Philips CEO on AI in health care: We're 'very passionate' about giving time back to the caregivers

Roy Jakobs, Royal Philips CEO, joins 'Squawk Box' to discuss the use of AI in health care, whether the technology can provide better patient care, cost structure for hospitals for implement AI, and mo...

2 months ago - CNBC Television

Philips optimizes CT workflows with in-house AI, launches CT 5300 in North America at #RSNA2024

December 1, 2024 Philips CT 5300 combines innovative hardware, software, and artificial intelligence to make high-quality screening, diagnostic, and interventional imaging accessible to more patients,...

2 months ago - GlobeNewsWire