Korn Ferry (KFY)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 3,678,870 | 3,574,440 | 3,464,550 | 3,056,530 | 2,743,830 |
| Operating ROA | 5.79% | 8.85% | 13.57% | 5.10% | 6.42% |
April 30, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $212,929K ÷ $3,678,870K
= 5.79%
Korn Ferry's operating return on assets (operating ROA) has shown fluctuations over the past five years. In 2024, the operating ROA stood at 5.79%, representing a decrease from the previous year's 8.85%. This decline indicates that the company's operating income generated from its assets decreased compared to the prior year.
Looking at a longer-term trend, the operating ROA has fluctuated over the five-year period, with the highest point observed in 2022 at 13.57% and the lowest in 2021 at 5.10%. This variability suggests that Korn Ferry's efficiency in utilizing its assets to generate operating income has been inconsistent over the years.
Overall, the downward trend in operating ROA from 2023 to 2024 raises questions about the company's operational efficiency and effectiveness in utilizing its assets to generate operating profits. Further analysis of the underlying factors driving these fluctuations would be necessary to assess the company's operational performance accurately.
Peer comparison
Apr 30, 2024