Koninklijke Philips NV ADR
NYSE: PHG · HEALTHCARE · MEDICAL DEVICES
Updated 2026-06-05
Koninklijke Philips NV ADR (PHG) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.98B | $26.84B | $26.39B | $23.19B | $25.42B | $22.58B | $24.79B | $23.33B | $21.39B | $24.24B | $24.52B | $17.78B | $18.12B | $17.15B | $17.31B | $17.16B | $17.83B | $18.17B | $18.02B | $17.83B |
| Revenue growth (YoY) | — | -0.5% | -1.7% | -12.1% | +9.6% | -11.2% | +9.8% | -5.9% | -8.3% | +13.3% | +1.1% | -27.5% | +1.9% | -5.4% | +1.0% | -0.9% | +3.9% | +1.9% | -0.8% | -1.0% |
| Cost of revenue | $18.68B | $17.65B | $17.92B | $15.11B | $15.87B | $13.93B | $15.38B | $13.64B | $13.19B | $14.39B | $13.90B | $9.60B | $9.57B | $9.20B | $9.40B | $9.99B | $10.63B | $10.72B | $10.25B | $9.78B |
| Gross profit | $8.30B | $9.18B | $8.47B | $8.08B | $9.55B | $8.65B | $9.41B | $9.69B | $8.21B | $9.86B | $10.61B | $8.18B | $8.55B | $7.95B | $7.91B | $7.17B | $7.19B | $7.45B | $7.77B | $8.06B |
| Gross margin | 30.8% | 34.2% | 32.1% | 34.8% | 37.6% | 38.3% | 38.0% | 41.5% | 38.4% | 40.7% | 43.3% | 46.0% | 47.2% | 46.4% | 45.7% | 41.8% | 40.4% | 41.0% | 43.1% | 45.2% |
| R&D | $1.67B | $1.63B | $1.78B | $1.63B | $1.58B | $1.61B | $1.81B | $1.73B | $1.64B | $1.93B | $2.02B | $1.76B | $1.76B | $1.79B | $1.91B | $1.81B | $2.09B | $1.89B | $1.75B | $1.70B |
| SG&A | $3.66B | $4.13B | $1.01B | $734.00M | $735.00M | $841.00M | $798.00M | $949.00M | $747.00M | $1.21B | $845.00M | $577.00M | $631.00M | $586.00M | $630.00M | $599.00M | $671.00M | $608.00M | $582.00M | $628.00M |
| Operating income | $1.18B | $1.85B | $54.00M | $614.00M | $2.06B | $-269.00M | $1.03B | $1.99B | $486.00M | $992.00M | $1.88B | $1.52B | $1.72B | $1.37B | $1.26B | $553.00M | $-1.53B | $-115.00M | $529.00M | $1.42B |
| Operating margin | 4.4% | 6.9% | 0.2% | 2.6% | 8.1% | -1.2% | 4.2% | 8.5% | 2.3% | 4.1% | 7.7% | 8.5% | 9.5% | 8.0% | 7.3% | 3.2% | -8.6% | -0.6% | 2.9% | 8.0% |
| EBITDA | $2.01B | $2.71B | $656.00M | $2.31B | $3.63B | $1.03B | $1.94B | $3.10B | $1.79B | $1.75B | $2.35B | $2.65B | $2.79B | $2.62B | $2.75B | $2.00B | $115.00M | $1.04B | $1.85B | $2.64B |
| EBITDA margin | 7.5% | 10.1% | 2.5% | 10.0% | 14.3% | 4.6% | 7.8% | 13.3% | 8.4% | 7.2% | 9.6% | 14.9% | 15.4% | 15.3% | 15.9% | 11.6% | 0.6% | 5.7% | 10.3% | 14.8% |
| EBIT | $1.18B | $1.86B | $-534.00M | $839.00M | $2.21B | $-422.00M | $507.00M | $1.75B | $600.00M | $473.00M | $1.09B | $1.62B | $1.71B | $1.72B | $1.69B | $673.00M | $-1.49B | $-220.00M | $460.00M | $1.51B |
| Interest expense | $4.79B | $5.75B | $246.00M | $391.00M | $336.00M | $352.00M | $352.00M | $400.00M | $415.00M | $467.00M | $569.00M | $263.00M | $264.00M | $209.30M | $193.80M | $164.00M | $244.00M | $306.00M | $337.00M | $332.34M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $5.38B | $4.17B | $-92.00M | $410.00M | $1.45B | $-1.29B | $226.00M | $1.17B | $415.00M | $645.00M | $1.45B | $1.66B | $1.09B | $1.17B | $1.19B | $3.32B | $-1.61B | $-466.00M | $-702.00M | $895.00M |
| Net income growth (YoY) | — | -22.4% | -102.2% | +545.7% | +252.7% | -189.6% | +117.5% | +417.3% | -64.5% | +55.4% | +124.5% | +14.4% | -34.2% | +7.1% | +1.7% | +179.6% | -148.4% | +71.0% | -50.6% | +227.5% |
| Profit margin | 20.0% | 15.6% | -0.3% | 1.8% | 5.7% | -5.7% | 0.9% | 5.0% | 1.9% | 2.7% | 5.9% | 9.3% | 6.0% | 6.8% | 6.9% | 19.3% | -9.0% | -2.6% | -3.9% | 5.0% |
Frequently asked questions
What is Koninklijke Philips NV ADR's revenue?
Koninklijke Philips NV ADR's trailing twelve-month revenue is $17.64B, and consensus projects about $22.29B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is PHG?
In its most recent fiscal year, PHG ran a gross margin of 45.18%, an operating margin of 7.98%, and a net margin of 5.02%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does PHG generate?
PHG produced $893.00M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is PHG's balance sheet healthy?
PHG holds $2.79B in cash and equivalents against $6.93B in long-term debt, on $10.96B of shareholder equity. That debt is best read against the cash flow the business throws off each year.