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 | 618,492 | 2,596,910 | 2,512,320 | 1,738,020 | 1,846,850 |
| Revenue | US$ in thousands | 2,795,500 | 2,863,840 | 2,643,460 | 1,819,950 | 1,977,330 |
| Gross profit margin | 22.12% | 90.68% | 95.04% | 95.50% | 93.40% |
April 30, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $618,492K ÷ $2,795,500K
= 22.12%
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