Company data sheet · Koninklijke Philips
Koninklijke Philips: three lost years, and the economy wasn't the reason.
- Industry
- X-Ray Apparatus & Tubes & Related Irradiation Apparatus
- Headquarters
- Netherlands
- Ticker
- PHG (NYSE)
- Sources
- SEC filings (1994–2026), Stratrix's verified Decision Cases, market data and official economic statistics for Netherlands
- Data as of
- October 18, 2026
- From profit to three straight losses. Koninklijke Philips earned €5.7 billion in 2019–2021. Then it lost money every year from 2022 to 2024: €2.8 billion in all. 2025 was its first profit in four years: €0.9 billion.
- It wasn't the cycle. The losses began in 2022, a year Netherlands economy grew 5.0% and factories added jobs. When a company falls while its economy grows, look inside the company first.
- Left behind by its peers. From 2016 to 2025, its revenue grew 5% in US dollars; the median among 181 large manufacturers grew 49%. It outgrew only 17% of them.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | €17.4 billion | €1.4 billion | |
| 2017 | €17.8 billion | €1.7 billion | |
| 2018 | €18.1 billion | €1.1 billion | |
| 2019 | €17.1 billion | €1.2 billion | |
| 2020 | €17.3 billion | €1.2 billion | |
| 2021 | €17.2 billion | €3.3 billion | |
| 2022 | €17.8 billion | −€1.6 billion | |
| 2023 | €18.2 billion | −€0.5 billion | |
| 2024 | €18 billion | −€0.7 billion | |
| 2025 | €17.8 billion | €0.9 billion |
As reported in its annual filings, in EUR. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 6 measures for Netherlands, every year since 2016, from the official sources.
- Peer comparison: against 264 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
The full data sheet downloads with the Data Plan. To see exactly what you get first, open the Boeing sample PDF or Excel.