Korn Ferry (KFY)
Net profit margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 169,154 | 209,529 | 326,360 | 114,454 | 104,946 |
| Revenue | US$ in thousands | 2,799,650 | 2,867,070 | 2,644,490 | 1,820,490 | 1,977,630 |
| Net profit margin | 6.04% | 7.31% | 12.34% | 6.29% | 5.31% |
April 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $169,154K ÷ $2,799,650K
= 6.04%
The net profit margin of Korn Ferry, a key financial ratio indicating the percentage of each dollar of revenue that translates into profit after all expenses are deducted, has shown fluctuations over the past five years.
In April 2024, the net profit margin stood at 6.04%, a decrease from the previous year's figure of 7.31% in April 2023. This may indicate a decline in the company's overall efficiency in converting revenue into profit and could be a cause for concern for investors and stakeholders.
Comparing the recent net profit margin with that of April 2022, where it was 12.34%, reveals a significant drop over the two-year period. This substantial decrease suggests a worsening profit performance and efficiency in managing costs compared to the previous years.
While the net profit margin in April 2021 was 6.29%, slightly higher than the current period, the figure has shown a general downward trend from the peak in April 2022. This declining trend could imply challenges in maintaining profitability levels, which could be attributed to various internal and external factors impacting the company's financial performance.
Looking back to April 2020, the net profit margin of Korn Ferry was 5.31%, slightly lower than the current period. Despite the fluctuations observed over the past five years, it is essential for the company to closely monitor and address the factors influencing its profitability to ensure sustainable financial health and value creation for its investors in the long term.
Peer comparison
Apr 30, 2024