Koninklijke Philips (PHG) Stock Analysis

November 11, 2026

This is a peer-relative look at Koninklijke Philips (PHG): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Health Care Equipment & Services peers, so every number reads in context rather than in isolation.

Company Profile

Koninklijke Philips (PHG) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile fields for Koninklijke Philips (PHG)
Profile Item	PHG
Name	Koninklijke Philips N.V. ADR
Country/Region	Netherlands
GICS Sector	Health Care
GICS Industry Group	Health Care Equipment & Services
GICS Industry	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Equipment
Market Capitalization	29.67 billion USD
Currency	USD
Exchange	NYSE
Listing Date	March 17, 1980
Security Type	ADR

Price Performance

Cumulative Growth

PHG

GSPC

Koninklijke Philips (PHG) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Koninklijke Philips (PHG) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Koninklijke Philips (PHG) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Koninklijke Philips (PHG) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: PHG	Industry group median
Total Return (1Y)	13.15%	21.53%
Total Return (3Y, Annualized)	18.95%	9.81%
Total Return (5Y, Annualized)	-6.38%	-2.76%

Risk Profile

Drawdown History

PHG

GSPC

Koninklijke Philips (PHG) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Koninklijke Philips (PHG) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Koninklijke Philips (PHG) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: PHG	Industry group median
Volatility (1Y, Annualized)	29.55%	50.93%
Beta (5Y)	0.65	0.85
Max Drawdown (5Y)	-74.51%	-70.34%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. PHG is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Koninklijke Philips (PHG) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: PHG	Industry group median
Sharpe Ratio (1Y)	0.30	0.34
Sortino Ratio (1Y)	0.48	0.54

Profitability

ROE (TTM)

Koninklijke Philips (PHG) posts ROE of 8.61%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

PHG

Health Care Equipment & Services industry group

8.61%

Group distribution

Max: 47.61%
Q3: 14.36%
PHG: 8.61%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Largest peers

ISRG: 17.93%
SYK: 16.02%
UNH: 15.77%
MDT: 10.65%
ABT: 9.14%
PHG: 8.61%
MCK: --

Where Koninklijke Philips (PHG) stands on ROE within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Koninklijke Philips (PHG) keeps 5.39% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

PHG

Health Care Equipment & Services industry group

5.39%

Group distribution

Max: 29.35%
Q3: 9.33%
PHG: 5.39%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Largest peers

ISRG: 25.54%
MDT: 13.93%
SYK: 13.78%
ABT: 9.75%
PHG: 5.39%
UNH: 3.53%
MCK: 1.12%

Where Koninklijke Philips (PHG) stands on net margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Koninklijke Philips (PHG) turns 3.76% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

PHG

Health Care Equipment & Services industry group

3.76%

Group distribution

Max: 35.43%
Q3: 14.14%
Median: 6.81%
PHG: 3.76%
Q1: -0.28%
Min: -16.29%

Largest peers

ISRG: 33.29%
SYK: 22.96%
MDT: 19.33%
ABT: 11.66%
UNH: 5.82%
PHG: 3.76%
MCK: 1.48%

Where Koninklijke Philips (PHG) stands on operating margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Koninklijke Philips (PHG) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: PHG	Industry group median
ROE (TTM)	8.61%	5.45%
ROA (TTM)	3.59%	3.17%
Net Margin (TTM)	5.39%	2.18%
Operating Margin (TTM)	3.76%	6.81%
Gross Margin (TTM)	46.43%	55.21%

Growth

Revenue Growth

Koninklijke Philips (PHG) grew revenue -1.04%, in the lower peer quartile. The top line is expanding more slowly than at most peers, which can reflect softer demand, lost share, or weaker pricing.

Koninklijke Philips (PHG): Revenue Growth across different time periods, set against Health Care Equipment & Services industry-group medians.

EPS Growth

No usable EPS growth is available for Koninklijke Philips (PHG) this period, so the earnings-momentum read is skipped.

Koninklijke Philips (PHG) doesn't report EPS Growth this period; the bars show the Health Care Equipment & Services industry-group medians on their own.

Growth Metrics

Koninklijke Philips (PHG) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: PHG	Industry group median
Revenue Growth (YoY)	-1.04%	11.55%
Revenue Growth (3Y CAGR)	0.01%	10.83%
EPS Growth (YoY)	--	4.88%
EPS Growth (3Y CAGR)	--	14.59%

Financial Strength

Current Ratio (MRQ)

Koninklijke Philips (PHG) has current ratio of 1.33, in the tighter-liquidity quartile for its industry. The short-term cushion is thinner than most peers carry, even if the absolute comfort level still depends on the business model.

PHG

Health Care Equipment & Services industry group

1.33

Group distribution

Max: 7.59
Q3: 4.00
Median: 1.98
Q1: 1.37
PHG: 1.33
Min: 0.30

Largest peers

ISRG: 3.33
SYK: 2.18
MDT: 2.07
ABT: 1.46
PHG: 1.33
MCK: 0.90
UNH: 0.74

Where Koninklijke Philips (PHG) stands on current ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Koninklijke Philips (PHG) has debt-to-equity ratio of 0.70, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

PHG

Health Care Equipment & Services industry group

0.70

Group distribution

Max: 1.88
Q3: 0.91
PHG: 0.70
Median: 0.58
Q1: 0.16
Min: 0.00

Largest peers

UNH: 0.70
PHG: 0.70
SYK: 0.66
ABT: 0.61
MDT: 0.55
ISRG: --
MCK: --

Where Koninklijke Philips (PHG) stands on debt-to-equity ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Koninklijke Philips (PHG) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: PHG	Industry group median
Current Ratio (MRQ)	1.33	1.98
Debt / Equity (MRQ)	0.70	0.58
Net Debt / EBITDA	2.45	2.04

Dividends

Dividend Yield (TTM)

Koninklijke Philips (PHG) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.

PHG

Health Care Equipment & Services industry group

0.00%

Group distribution

PHG: 0.00%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

MDT: 2.72%
UNH: 2.29%
ABT: 2.22%
SYK: 1.05%
MCK: 0.32%
PHG: 0.00%
ISRG: 0.00%

Where Koninklijke Philips (PHG) stands on dividend yield within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Koninklijke Philips (PHG) has payout ratio of 211.79%, meaning dividends exceeded current-period earnings. The gap would need to be covered by cash, retained earnings, financing, or other sources, so earnings alone do not support the payout.

PHG

Health Care Equipment & Services industry group

211.79%

Group distribution

PHG: 211.79%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

PHG: 211.79%
ABT: 92.54%
MDT: 70.02%
UNH: 51.71%
SYK: 37.49%
MCK: 8.77%
ISRG: 0.00%

Where Koninklijke Philips (PHG) stands on payout ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Koninklijke Philips (PHG) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: PHG	Industry group median
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	211.79%	0.00%

Valuation

P/E Ratio (TTM)

Koninklijke Philips (PHG) trades at P/E ratio of 63.23, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.

PHG

Health Care Equipment & Services industry group

63.23

Group distribution

Max: 80.41
PHG: 63.23
Q3: 47.62
Median: 29.93
Q1: 21.19
Min: 4.21

Largest peers

PHG: 63.23
ISRG: 54.75
ABT: 41.02
SYK: 34.70
MCK: 27.36
MDT: 25.01
UNH: 22.50

Where Koninklijke Philips (PHG) stands on P/E ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Koninklijke Philips (PHG) trades at 1.67 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

PHG

Health Care Equipment & Services industry group

1.67

Group distribution

Max: 8.80
Q3: 4.32
Median: 2.13
PHG: 1.67
Q1: 1.10
Min: 0.03

Largest peers

ISRG: 13.82
SYK: 4.72
ABT: 3.95
MDT: 3.47
PHG: 1.67
UNH: 0.78
MCK: 0.29

Where Koninklijke Philips (PHG) stands on P/S ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Koninklijke Philips (PHG) trades at 2.28 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

PHG

Health Care Equipment & Services industry group

2.28

Group distribution

Max: 11.68
Q3: 6.12
Median: 3.00
PHG: 2.28
Q1: 1.73
Min: -1.31

Largest peers

ISRG: 9.82
SYK: 5.29
ABT: 3.73
UNH: 3.60
MDT: 2.59
PHG: 2.28
MCK: -30.85

Where Koninklijke Philips (PHG) stands on P/B ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Koninklijke Philips (PHG) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: PHG	Industry group median
P/E Ratio (TTM)	63.23	29.93
P/S Ratio (TTM)	1.67	2.13
P/B Ratio (MRQ)	2.28	3.00
Free Cash Flow Yield (TTM)	6.23%	3.50%