Korn Ferry (KFY)

Gross profit margin

Apr 30, 2024 Apr 30, 2023 Apr 30, 2022 Apr 30, 2021 Apr 30, 2020
Gross profit US$ in thousands 597,511 619,807 635,086 279,680 397,621
Revenue US$ in thousands 2,799,650 2,867,070 2,644,490 1,820,490 1,977,630
Gross profit margin 21.34% 21.62% 24.02% 15.36% 20.11%

April 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $597,511K ÷ $2,799,650K
= 21.34%

The gross profit margin of Korn Ferry has shown some fluctuations over the past five years. In FY 2024, the company's gross profit margin was 21.34%, slightly lower than the previous year's margin of 21.62%. However, it was notably higher than the margins in FY 2021 and FY 2020, which were 15.36% and 20.11% respectively. The highest gross profit margin was recorded in FY 2022 at 24.02%. These variations indicate changes in the company's ability to control the costs of goods sold and generate profits from its operations. Further analysis of Korn Ferry's cost structure and pricing strategies may provide insights into the factors influencing these fluctuations in gross profit margin over the years.


Peer comparison

Apr 30, 2024

Company name
Symbol
Gross profit margin
Korn Ferry
KFY
21.34%
Heidrick & Struggles International
HSII
9.74%