Korn Ferry (KFY)
Gross profit margin
| Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | Oct 31, 2019 | Jul 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 597,511 | 597,579 | 527,812 | 605,583 | 619,807 | 640,558 | 734,573 | 666,707 | 635,078 | 534,215 | 460,061 | 405,709 | 252,193 | 283,264 | 266,491 | 286,842 | 400,275 | 386,150 | 401,944 | 410,837 |
| Revenue (ttm) | US$ in thousands | 2,799,652 | 2,837,862 | 2,847,763 | 2,870,730 | 2,867,066 | 2,855,195 | 2,852,598 | 2,759,792 | 2,644,490 | 2,474,696 | 2,267,513 | 2,061,862 | 1,820,489 | 1,711,990 | 1,762,111 | 1,828,348 | 1,977,628 | 2,031,096 | 1,989,110 | 1,991,712 |
| Gross profit margin | 21.34% | 21.06% | 18.53% | 21.10% | 21.62% | 22.43% | 25.75% | 24.16% | 24.02% | 21.59% | 20.29% | 19.68% | 13.85% | 16.55% | 15.12% | 15.69% | 20.24% | 19.01% | 20.21% | 20.63% |
April 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $597,511K ÷ $2,799,652K
= 21.34%
The gross profit margin of Korn Ferry has exhibited variability over the past few years, with figures ranging from 13.85% to 25.75%. Overall, the trend appears to have some fluctuations but has not shown a clear pattern of consistent improvement or decline. The latest reported gross profit margin for Apr 30, 2024, stands at 21.34%, which is relatively stable compared to previous periods.
It is worth noting that the company's gross profit margin has generally remained in the range of 15% to 25% over the last few years, indicating a decent level of profitability in its core operations. However, there have been some periods where the margin dipped below 20%, which could suggest potential challenges or inefficiencies in cost management.
Further analysis and comparison with industry benchmarks or historical data could provide deeper insights into the factors influencing Korn Ferry's gross profit margin performance and help in assessing the company's overall financial health and operational efficiency.
Peer comparison
Apr 30, 2024