Koninklijke Philips (PHG) Amortization of Goodwill (2011 - 2023)

Koninklijke Philips (PHG) recorded quarterly Amortization of Goodwill of $8.6 million in Q4 2023, down 99.38% quarter-over-quarter from $1.4 billion in Q4 2022, and down 99.38% on a YoY basis from $1.4 billion in Q4 2022.

Koninklijke Philips (PHG) Amortization of Goodwill (2011 - 2023) Analysis & Trends

Koninklijke Philips' Amortization of Goodwill history runs 8 years deep, the most recent figure standing at $8.6 million for Q4 2023.

  • In Q4 2023, Amortization of Goodwill fell 99.38% year-over-year to $8.6 million; the TTM figure through Dec 2023 stood at $68.2 million (up 62.71% YoY), while the FY2023 annual figure was $8.6 million, down 99.38% from the prior year.
  • Amortization of Goodwill was $8.6 million for Q4 2023 at Koninklijke Philips, down from $1.4 billion in the prior quarter.
  • In the past five years, Amortization of Goodwill ranged from a high of $1.4 billion in Q4 2022 to a low of -$1.3 billion in Q3 2022.
  • Historically, Amortization of Goodwill has averaged $10.1 million across 3 years, with a median of $8.6 million in 2023.
  • Biggest YoY gain for Amortization of Goodwill was 7968.24% in 2022; the steepest drop was 7486.58% in 2022.
  • A 3-year view of Amortization of Goodwill shows it stood at $17.2 million in 2021, then surged by 7968.24% to $1.4 billion in 2022, then slumped by 99.38% to $8.6 million in 2023.
  • The last three Amortization of Goodwill figures came in at $8.6 million (Q4 2023), $1.4 billion (Q4 2022), and -$1.3 billion (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn

Historic Data

Download Data
DateValue
Dec 31, 2023 8.61 Mn
Dec 31, 2023 8.61 Mn
Dec 31, 2022 1.38 Bn
Dec 31, 2022 1.38 Bn
Sep 30, 2022 -1.34 Bn
Sep 30, 2022 -1.34 Bn
Dec 31, 2021 17.16 Mn
Dec 31, 2021 17.16 Mn
Sep 30, 2021 -17.69 Mn
Sep 30, 2021 -17.69 Mn
Dec 31, 2017 -10.60 Mn
Dec 31, 2017 -10.60 Mn
Sep 30, 2017 -10.58 Mn
Sep 30, 2017 -10.58 Mn
Jun 30, 2017 -9.90 Mn
Jun 30, 2017 -9.90 Mn
Dec 31, 2016 -1.08 Mn
Dec 31, 2016 -1.08 Mn
Sep 30, 2016 -1.12 Mn
Sep 30, 2016 -1.12 Mn