Koninklijke Philips NV - Company Profile
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Koninklijke Philips NV (Philips) is a diversified technology company that develops and manufactures medical systems and consumer electronics products. The company offers products in the areas of precision diagnosis, image-guided therapy, monitoring, enterprise informatics, sleep and respiratory care, and personal health. Its major products and services include magnetic resonance imaging (MRI) systems, computed tomography (CT) systems, X-ray and fluoroscopy systems, integrated interventional X-ray systems, image guided therapy system, intracardiac echocardiography (ICE) catheter, hospital patient monitoring systems, ambulatory monitoring and diagnostics systems, battery-operated toothbrushes, groomers, brush heads, baby bottles, sterilizers, trimmers, and hair clippers, among others. The company serves healthcare providers, patients, and consumers across various industries in Europe, North America, and Asia. Philips is headquartered in Amsterdam, Noord-Holland, the Netherlands.
Headquarters
Netherlands
Address
Prinses Irenestraat 59, Amsterdam, Noord-Holland, 1077WV
Website
www.philips.com
Telephone
31 20 5977177
No of Employees
63,670
Industry
Medical Equipment
Ticker Symbol & Exchange
PHIA (AMS)
Revenue (2024)
$20.1B
-0.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-50.8%
(2024 vs 2023)
Market Cap*
$25.7B
Net Profit Margin (2023)
XYZ
-52.0%
(2024 vs 2023)
* As of and is in US$
Koninklijke Philips NV premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Patient Monitoring Devices | Solutions: | - |
| Ultra Sound Devices | Lighting | Philips |
| Image-Guided Therapy Device | Automotive | Avent |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | New Products/Services | In July, the company launched the Philips Sonicare Next-Generation DiamondClean 9900 Prestige. |
| 2026 | Regulatory Approval | In July, the company received FDA clearance for its next-generation reusable Philips SpO₂ clip sensor to offer clinicians trusted oxygen saturation measurements to support confident care for every patient. |
| 2026 | New Products/Services | In July, the company introduced the Alturion ultrasound system with an AI-powered workflow for high-volume settings. |
Competitor Comparison
| Key Parameters | Koninklijke Philips NV | Canon Inc | Siemens Healthineers AG | GE HealthCare Technologies Inc | Bruker Corp |
|---|---|---|---|---|---|
| Headquarters | Netherlands | Japan | Germany | United States of America | United States of America |
| City | Amsterdam | Ota-Ku | Forchheim | Chicago | Billerica |
| State/Province | Noord-Holland | Tokyo | Bayern | Illinois | Massachusetts |
| No. of Employees | 63,670 | 165,547 | 72,000 | 54,000 | 11,085 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Feike Sijbesma | Chairman | Executive Board | 2021 | 66 |
| Roy Jakobs | Chief Executive Officer | Senior Management | 2022 | 51 |
| Charlotte Hanneman | Executive Vice President; Chief Financial Officer | Senior Management | 2024 | 47 |
| Heidi Sichien | Executive Vice President; Chief People Officer | Senior Management | 2023 | 52 |
| Steve C de Baca | Chief Patient Safety and Quality Officer; Executive Vice President | Senior Management | 2023 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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