Koninklijke Philips (PHG) Goodwill impairment charges (2011 - 2023)
Koninklijke Philips (PHG) recorded Goodwill impairment charges of $348.36 million in Q4 2024, compared with -$8.61 million a year earlier and up 52.5% from the prior quarter.
Koninklijke Philips (PHG) Goodwill impairment charges (2011 - 2023) Analysis & Trends
On a TTM basis, Koninklijke Philips' Goodwill impairment charges came in at $731.87 million as of Dec 31, 2024, up 14.4% year-over-year; for FY2023, it came in at -$8.65 million.
- Across earlier years, Goodwill impairment charges came in at -$1.43 billion in FY2022, $17.75 million in FY2021 (-89.2%) and $164.42 million in FY2020.
- The Q4 2024 figure is the highest quarterly Goodwill impairment charges since Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.99 Bn | 237.02 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 175.01 Bn | 145.44 Bn | 7.27 Bn |
| 3 | Danaher | 164.93 Bn | 148.74 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 151.84 Bn | 131.26 Bn | 1.96 Bn |
| 5 | Medtronic | 119.05 Bn | 84.30 Bn | 6.34 Bn |
| 6 | Stryker | 113.89 Bn | 100.00 Bn | 4.50 Bn |
| 7 | Boston Scientific | 65.37 Bn | 60.13 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 53.36 Bn | 50.51 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 50.83 Bn | 34.83 Bn | 1.35 Bn |
| 10 | Koninklijke Philips | 24.90 Bn | 14.01 Bn | 4.55 Bn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -8.61 Mn |
| Dec 31, 2022 | -27.55 Mn |
| Sep 30, 2022 | -1.34 Bn |
| Dec 31, 2021 | -17.16 Mn |
| Sep 30, 2021 | -17.69 Mn |
| Dec 31, 2017 | -10.60 Mn |
| Sep 30, 2017 | -10.58 Mn |
| Jun 30, 2017 | -9.90 Mn |
| Dec 31, 2016 | -1.08 Mn |
| Sep 30, 2016 | -1.12 Mn |
| Jun 30, 2016 | -1.13 Mn |
| Mar 31, 2016 | -2.21 Mn |
| Dec 31, 2015 | 1.10 Mn |
| Sep 30, 2015 | -1.11 Mn |
| Dec 31, 2014 | -3.75 Mn |
| Sep 30, 2014 | -3.98 Mn |
| Jun 30, 2014 | -4.12 Mn |
| Dec 31, 2013 | -38.11 Mn |
| Dec 31, 2011 | -1.83 Bn |
| Sep 30, 2011 | -1.92 Bn |
Koninklijke Philips Goodwill impairment charges API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=goodwill-impairment-charges&ticker=PHG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-impairment-charges", "ticker": "PHG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=goodwill-impairment-charges&ticker=PHG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();