PHGNYSEX-Ray Apparatus & Tubes & Related Irradiation ApparatusFiscal year ends December 31Also trades as RYLPF
KONINKLIJKE PHILIPS NV
Financials through fiscal 2024, year ended Dec 31, 2025Last filing: 20-F on Feb 19, 2026
$25.50−0.24 (-0.93%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2013 to 2024
Gross margin
45.2%+0.0 pts over 5 years
Operating margin
8.0%+0.7 pts over 5 years
Net margin
5.0%−1.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.0% | +0.0% | +0.6% | +0.6% | |
| Gross profit | +3.7% | +3.9% | +0.6% | +1.1% | |
| Operating income | +169.2% | – | +2.4% | +8.0% | |
| Net income | – | – | -5.5% | +3.7% | |
| EPS, diluted | – | – | -6.3% | +3.2% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | 12.0% | 9.7% | 7.8% | |
| Return on assets | – | 4.3% | 3.2% | |
| Current ratio | 1.34 | 1.45 | 1.32 | |
| Debt to equity | 0.45 | 0.58 | 0.74 | |
| Net debt to EBITDA | 1.34× | 1.36× | 2.08× | |
| Interest coverage | 2.9× | 6.3× | 4.1× | |
| Inventory turnover | – | 3.3× | 3.2× | |
| Capex to revenue | 2.1% | 2.8% | 1.5% | |
| Diluted shares | 918M | 908M | 963M |
Cash use needs five years of cash flow figures
Koninklijke Philips does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin5.0%
×Asset turnover0.64×
×Equity multiplier2.44×
=Return on equity, FY20247.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 5.0% | 0.64× | 2.44× | 7.8% |
| FY2023 | -3.9% | 0.62× | 2.43× | -5.8% |
| FY2022 | -2.6% | 0.60× | 2.38× | -3.7% |
| FY2021 | -9.0% | 0.58× | 2.23× | -11.6% |
| FY2020 | 19.3% | 0.58× | 2.23× | 25.2% |
| FY2019 | 6.9% | 0.63× | 2.24× | 9.7% |
| FY2018 | 6.8% | 0.65× | 2.15× | 9.5% |
| FY2017 | 6.0% | 0.71× | 2.13× | 9.1% |
| FY2016 | 9.3% | 0.62× | 2.35× | 13.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
5of 7 tests passed in fiscal 2024. Some tests lack the figures they need.
- ProfitableNet income above zero€895.00M
- Cash generatingOperating cash flow above zero–
- Return on assets improvedROA up on the prior year-2.4% → 3.1%
- Earnings backed by cashOperating cash flow above net income– vs €895.00M
- Less leverageLong-term debt to assets fell24.5% → 25.7%
- Better liquidityCurrent ratio rose1.23 → 1.32
- No dilutionShare count did not rise933M → 963M
- Gross margin improvedGross margin up on the prior year43.13% → 45.18%
- More efficientAsset turnover rose0.61 → 0.62