Korn Ferry (KFY)
Operating profit margin
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 212,929 | 316,340 | 470,074 | 155,784 | 176,025 |
| Revenue | US$ in thousands | 2,799,650 | 2,867,070 | 2,644,490 | 1,820,490 | 1,977,630 |
| Operating profit margin | 7.61% | 11.03% | 17.78% | 8.56% | 8.90% |
April 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $212,929K ÷ $2,799,650K
= 7.61%
The operating profit margin of Korn Ferry has exhibited fluctuations over the past five years. In April 2024, the operating profit margin decreased to 7.61% from 11.03% in the previous year. This decline marks a significant decrease compared to April 2022 when the operating profit margin was 17.78%, indicating a notable decrease in profitability. The operating profit margin in April 2021 and April 2020 were 8.56% and 8.90%, respectively, showing relatively stable performance during those years. Overall, the decreasing trend in the operating profit margin in recent years suggests potential challenges in controlling operating expenses or generating revenue efficiently. Further analysis of the company's cost structure and revenue streams may be necessary to address these fluctuations in profitability.
Peer comparison
Apr 30, 2024