Korn Ferry (KFY)
Net profit margin
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 246,062 | 247,007 | 247,664 | 185,153 | 169,154 | 151,459 | 103,635 | 178,887 | 209,529 | 253,699 | 326,553 | 328,784 | 326,360 | 300,886 | 268,104 | 220,110 | 114,454 | 47,462 | 16,136 | 31,162 |
| Revenue (ttm) | US$ in thousands | 2,761,086 | 2,741,182 | 2,741,517 | 2,772,004 | 2,795,505 | 2,833,706 | 2,843,678 | 2,866,950 | 2,863,836 | 2,852,715 | 2,850,826 | 2,758,505 | 2,643,455 | 2,473,846 | 2,266,770 | 2,061,161 | 1,819,946 | 1,711,528 | 1,761,627 | 1,828,015 |
| Net profit margin | 8.91% | 9.01% | 9.03% | 6.68% | 6.05% | 5.34% | 3.64% | 6.24% | 7.32% | 8.89% | 11.45% | 11.92% | 12.35% | 12.16% | 11.83% | 10.68% | 6.29% | 2.77% | 0.92% | 1.70% |
April 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $246,062K ÷ $2,761,086K
= 8.91%
The net profit margin of Korn Ferry has exhibited significant fluctuations over the period analyzed. At the start of the observed timeframe, the margin was relatively low, with an initial value of 1.70% as of July 31, 2020. This modest figure declined further to 0.92% by October 31, 2020, indicating a period of reduced profitability.
Subsequently, the net profit margin increased substantially, reaching 2.77% as of January 31, 2021, and then accelerating to 6.29% by April 30, 2021. A notable upward trend ensued, culminating at 10.68% in July 2021 and maintaining an upward trajectory through October 2021 and into early 2022, with margins of 11.83%, 12.16%, and 12.35% respectively. This period signifies a phase of strong profitability, likely driven by operational efficiencies, revenue growth, or favorable market conditions.
Starting from mid-2022, a gradual decline in net profit margin became evident. The margin decreased from a peak of approximately 12% to 11.45% in October 2022, then presented a sharper decline to 8.89% by January 2023. During this period, overall profitability appeared to be contracting, possibly influenced by increased costs or competitive pressures.
From early 2023 to mid-2024, the net profit margin continued to weaken, reaching a low of 3.64% as of October 2023. This points to a period of constrained profitability, which may relate to market challenges or internal factors affecting margins.
In the most recent data from late 2023 to mid-2025, the net profit margin shows signs of recovery. It increased from 5.34% in January 2024 to 6.05% in April 2024, further rising to 6.68% in July 2024, and then reaching 9.03% as of October 2024. The upward trend persists into early 2025, with margins of 9.01% in January 2025 and 8.91% in April 2025, reflecting a stabilization and partial recovery in profitability metrics.
Overall, the net profit margin of Korn Ferry demonstrates a cycle of rapid growth following the pandemic-related lows, followed by a period of contraction, and ultimately a gradual recovery in recent periods. This pattern suggests that external factors, market conditions, and internal operational strategies have significantly influenced the company's profitability over time.
Peer comparison
Apr 30, 2025