Korn Ferry (KFY)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 212,929 | 202,032 | 164,678 | 261,509 | 316,340 | 382,512 | 496,289 | 480,418 | 470,074 | 417,573 | 356,438 | 300,834 | 155,784 | 91,759 | 58,199 | 71,896 | 176,025 | 216,073 | 247,161 | 256,279 |
| 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 |
| Operating profit margin | 7.61% | 7.12% | 5.78% | 9.11% | 11.03% | 13.40% | 17.40% | 17.41% | 17.78% | 16.87% | 15.72% | 14.59% | 8.56% | 5.36% | 3.30% | 3.93% | 8.90% | 10.64% | 12.43% | 12.87% |
April 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $212,929K ÷ $2,799,652K
= 7.61%
The operating profit margin of Korn Ferry has shown fluctuations over the past few periods, ranging from a low of 3.30% in October 2020 to a high of 17.78% in April 2022. The trend indicates some volatility in the company's ability to generate profits from its core operations.
In recent periods, the operating profit margin has generally been on a gradual decline, reflecting a potential challenge in maintaining profitability levels. The company experienced a notable decrease in operating profit margin from 13.40% in January 2023 to 5.78% in October 2023. However, the margin rebounded to 9.11% in July 2023 before declining again to 7.12% in January 2024 and further to 7.61% in April 2024.
Overall, Korn Ferry's operating profit margin performance appears mixed, with periods of strength followed by periods of decline. This suggests the company may need to focus on optimizing its operational efficiency and cost management to improve its profitability in the future.
Peer comparison
Apr 30, 2024