Korn Ferry (KFY)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 104,946 | 156,012 | 180,983 | 184,213 |
| 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 |
| Net profit margin | 6.04% | 5.34% | 3.64% | 6.23% | 7.31% | 8.89% | 11.45% | 11.91% | 12.34% | 12.16% | 11.82% | 10.68% | 6.29% | 2.77% | 0.92% | 1.70% | 5.31% | 7.68% | 9.10% | 9.25% |
April 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $169,154K ÷ $2,799,652K
= 6.04%
The net profit margin of Korn Ferry has fluctuated over the past several quarters, ranging from as low as 0.92% to as high as 12.34%. The trend indicates some volatility in the company's ability to convert revenues into profits. In recent quarters, the net profit margin seems to have experienced a decline from levels above 10% to levels closer to 5-6%. This could be a point of concern as it suggests a potential decrease in profitability compared to previous periods.
It is important for stakeholders to closely monitor the factors impacting Korn Ferry's net profit margin, such as changes in operating expenses, revenue growth, and cost management strategies. Analyzing the underlying reasons for the fluctuations in the net profit margin will provide valuable insights into the company's financial performance and overall health.
Peer comparison
Apr 30, 2024