Koninklijke Philips N.V. (PHG)

Koninklijke Philips Income Statement

Financials in millions EUR. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	18,169	17,827	17,156	17,313	17,147
Revenue Growth (YoY)	1.92%	3.91%	-0.91%	0.97%	-5.37%
Cost of Revenue	10,721	10,633	9,988	9,493	9,249
Gross Profit	7,448	7,194	7,168	7,820	7,898
Selling, General & Admin	5,132	5,292	4,857	4,684	4,711
Research & Development	1,890	2,091	1,806	1,822	1,790
Other Operating Expenses	541	1,339	-48	51	32
Operating Expenses	7,563	8,722	6,615	6,557	6,533
Operating Income	-115	-1,528	553	1,263	1,365
Interest Expense / Income	376	258	188	202	233
Other Expense / Income	48	-65	-2,851	-338	-293
Pretax Income	-539	-1,721	3,216	1,399	1,425
Income Tax	-73	-113	-103	212	258
Net Income	-466	-1,608	3,319	1,187	1,167
Net Income Growth	-	-	179.61%	1.71%	7.06%
Shares Outstanding (Basic)	881	870	905	891	914
Shares Change	1.30%	-3.86%	1.59%	-2.54%	-1.30%
EPS (Basic)	-0.51	-1.75	3.52	1.31	1.27
EPS (Diluted)	-0.51	-1.75	3.50	1.29	1.25
EPS Growth	-	-	171.32%	3.20%	9.65%
Free Cash Flow	1,124	-1,644	277	873	169
Free Cash Flow Per Share	1.27	-1.89	0.31	0.98	0.18
Dividend Per Share	-	0.964	1.033	1.726	0.960
Dividend Growth	-	-6.68%	-40.15%	79.79%	-3.23%
Gross Margin	40.99%	40.35%	41.78%	45.17%	46.06%
Operating Margin	-0.63%	-8.57%	3.22%	7.30%	7.96%
Profit Margin	-2.56%	-9.02%	19.35%	6.86%	6.81%
Free Cash Flow Margin	6.19%	-9.22%	1.61%	5.04%	0.99%
Effective Tax Rate	-	-	-3.20%	15.15%	18.11%
EBITDA	1,098	139	4,727	3,063	3,001
EBITDA Margin	6.04%	0.78%	27.55%	17.69%	17.50%
Depreciation & Amortization	1,261	1,602	1,323	1,462	1,343
EBIT	-163	-1,463	3,404	1,601	1,658
EBIT Margin	-0.90%	-8.21%	19.84%	9.25%	9.67%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).