PHG vs. SNN: Koninklijke Philips vs. Smith & Nephew Stock Comparison

November 11, 2026

How do Koninklijke Philips (PHG) and Smith & Nephew (SNN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Koninklijke Philips (PHG) and Smith & Nephew (SNN) are both classified in the Health Care Equipment sub-industry within the broader Health Care Equipment & Supplies industry, placing them in the closest GICS peer bucket.

Both Koninklijke Philips (PHG) and Smith & Nephew (SNN) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Company profile comparison for Koninklijke Philips (PHG) and Smith & Nephew (SNN)
Profile Item	PHG	SNN
Name	Koninklijke Philips N.V. ADR	Smith & Nephew plc Sponsored ADR
Country/Region	Netherlands	United Kingdom
GICS Sector	Health Care	Health Care
GICS Industry Group	Health Care Equipment & Services	Health Care Equipment & Services
GICS Industry	Health Care Equipment & Supplies	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Equipment	Health Care Equipment
Market Capitalization	29.67 billion USD	13.04 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 17, 1980	November 16, 1999
Security Type	ADR	ADR

Price Performance

Cumulative Growth

PHG

SNN

GSPC

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

Trailing Returns

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Trailing total returns for Koninklijke Philips (PHG) and Smith & Nephew (SNN). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Koninklijke Philips (PHG) and Smith & Nephew (SNN). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Koninklijke Philips (PHG) and Smith & Nephew (SNN)
Metric	PHG	SNN
Total Return (1Y)	13.15%	-4.20%
Total Return (3Y, Annualized)	18.95%	11.34%
Total Return (5Y, Annualized)	-6.38%	-0.34%

Risk Profile

Drawdown History

PHG

SNN

GSPC

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN), with S&P 500 (GSPC) for reference: 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

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

Risk Metrics

Risk profile metrics for Koninklijke Philips (PHG) and Smith & Nephew (SNN)
Metric	PHG	SNN
Volatility (1Y, Annualized)	29.55%	27.31%
Beta (5Y)	0.65	0.49
Max Drawdown (5Y)	-74.51%	-38.80%
Avg. Volume (3M)	1.08M	1.49M

Risk-Adjusted Performance

Risk-Return Positioning

PHG and SNN are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Koninklijke Philips (PHG) and Smith & Nephew (SNN)
Metric	PHG	SNN
Sharpe Ratio (1Y)	0.30	-0.31
Sortino Ratio (1Y)	0.48	-0.46

Profitability

ROE (TTM)

Both Koninklijke Philips (PHG) at 8.61% and Smith & Nephew (SNN) at 11.85% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

PHG

Health Care Equipment & Services industry group

8.61%

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

SNN

Health Care Equipment & Services industry group

11.85%

Max: 47.61%
Q3: 14.36%
SNN: 11.85%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Smith & Nephew (SNN) at 10.08% retains a top-quartile share of revenue as profit, ahead of Koninklijke Philips (PHG) at 5.39%, which keeps about the industry-typical share.

PHG

Health Care Equipment & Services industry group

5.39%

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

SNN

Health Care Equipment & Services industry group

10.08%

Max: 29.35%
SNN: 10.08%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Smith & Nephew (SNN) at 14.47% operates in the top operating margin quartile, ahead of Koninklijke Philips (PHG) at 3.76%, which runs around its industry’s norm.

PHG

Health Care Equipment & Services industry group

3.76%

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

SNN

Health Care Equipment & Services industry group

14.47%

Max: 35.43%
SNN: 14.47%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Koninklijke Philips (PHG) and Smith & Nephew (SNN)
Metric	PHG	SNN
ROE (TTM)	8.61%	11.85%
ROA (TTM)	3.59%	5.16%
Net Margin (TTM)	5.39%	10.08%
Operating Margin (TTM)	3.76%	14.47%
Gross Margin (TTM)	46.43%	68.44%

Growth

Revenue Growth

Smith & Nephew (SNN) at 6.09% is around its peer norm for revenue growth, while Koninklijke Philips (PHG) at -1.04% drops into the bottom quartile, signaling weaker demand or pricing momentum.

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Smith & Nephew (SNN) reports EPS growth of 52.34%, ranked against its industry; Koninklijke Philips (PHG) has no EPS growth figure this period.

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Koninklijke Philips (PHG) and Smith & Nephew (SNN)
Metric	PHG	SNN
Revenue Growth (YoY)	-1.04%	6.09%
Revenue Growth (3Y CAGR)	0.01%	5.73%
EPS Growth (YoY)	--	52.34%
EPS Growth (3Y CAGR)	--	42.01%

Financial Strength

Current Ratio (MRQ)

Smith & Nephew (SNN) at 2.14 keeps current ratio within its industry’s typical mid-range, while Koninklijke Philips (PHG) at 1.33 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for PHG.

PHG

Health Care Equipment & Services industry group

1.33

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

SNN

Health Care Equipment & Services industry group

2.14

Max: 7.59
Q3: 4.00
SNN: 2.14
Median: 1.98
Q1: 1.37
Min: 0.30

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both Koninklijke Philips (PHG) at 0.70 and Smith & Nephew (SNN) at 0.73 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

PHG

Health Care Equipment & Services industry group

0.70

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

SNN

Health Care Equipment & Services industry group

0.73

Max: 1.88
Q3: 0.91
SNN: 0.73
Median: 0.58
Q1: 0.16
Min: 0.00

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Koninklijke Philips (PHG) and Smith & Nephew (SNN)
Metric	PHG	SNN
Current Ratio (MRQ)	1.33	2.14
Debt / Equity (MRQ)	0.70	0.73
Net Debt / EBITDA	2.45	2.19

Dividends

Dividend Yield (TTM)

Koninklijke Philips (PHG) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Smith & Nephew (SNN) reports a yield of 1.24%, ranking against industry peers normally.

PHG

Health Care Equipment & Services industry group

0.00%

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

SNN

Health Care Equipment & Services industry group

1.24%

SNN: 1.24%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Koninklijke Philips (PHG) reports payout ratio above 100% at 211.79%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Smith & Nephew (SNN) reports 53.20%, ranking against industry peers normally.

PHG

Health Care Equipment & Services industry group

211.79%

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

SNN

Health Care Equipment & Services industry group

53.20%

SNN: 53.20%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Koninklijke Philips (PHG) and Smith & Nephew (SNN)
Metric	PHG	SNN
Dividend Yield (TTM)	0.00%	1.24%
Dividend Payout Ratio (TTM)	211.79%	53.20%

Valuation

P/E Ratio (TTM)

Smith & Nephew (SNN) at 21.19 is near its industry’s usual P/E ratio, while Koninklijke Philips (PHG) at 63.23 sits in the richer quartile — PHG needs stronger growth or earnings quality to justify the premium.

PHG

Health Care Equipment & Services industry group

63.23

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

SNN

Health Care Equipment & Services industry group

21.19

Max: 80.41
Q3: 47.62
Median: 29.93
SNN: 21.19
Q1: 21.19
Min: 4.21

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Koninklijke Philips (PHG) at 1.67 and Smith & Nephew (SNN) at 2.07 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

PHG

Health Care Equipment & Services industry group

1.67

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

SNN

Health Care Equipment & Services industry group

2.07

Max: 8.80
Q3: 4.32
Median: 2.13
SNN: 2.07
Q1: 1.10
Min: 0.03

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Koninklijke Philips (PHG) at 2.28 sits near its industry’s typical P/B ratio, while Smith & Nephew (SNN) at 12.80 prices above its benchmark range — SNN looks rich relative to book.

PHG

Health Care Equipment & Services industry group

2.28

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

SNN

Health Care Equipment & Services industry group

12.80

SNN: 12.80
Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
Min: -1.31

Koninklijke Philips (PHG) vs. Smith & Nephew (SNN): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Koninklijke Philips (PHG) and Smith & Nephew (SNN)
Metric	PHG	SNN
P/E Ratio (TTM)	63.23	21.19
P/S Ratio (TTM)	1.67	2.07
P/B Ratio (MRQ)	2.28	12.80
Free Cash Flow Yield (TTM)	6.23%	8.12%