Korn Ferry (KFY)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 3,678,870 | 3,556,320 | 3,360,960 | 3,313,470 | 3,574,440 | 3,406,190 | 3,261,740 | 3,204,080 | 3,464,550 | 3,336,100 | 3,117,490 | 2,942,480 | 3,056,530 | 2,863,470 | 2,692,640 | 2,618,100 | 2,743,830 | 2,739,650 | 2,486,280 | 2,406,560 |
| Operating ROA | 5.79% | 5.68% | 4.90% | 7.89% | 8.85% | 11.23% | 15.22% | 14.99% | 13.57% | 12.52% | 11.43% | 10.22% | 5.10% | 3.20% | 2.16% | 2.75% | 6.42% | 7.89% | 9.94% | 10.65% |
April 30, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $212,929K ÷ $3,678,870K
= 5.79%
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's ability to generate profit from its assets used in operations. It is calculated as operating income divided by average total assets.
Looking at the historical trend of Korn Ferry's Operating ROA over the past few years, we can observe fluctuations in the ratio. The company's Operating ROA has generally been positive, indicating that Korn Ferry has been efficient in generating profits from its operational assets.
The Operating ROA for Korn Ferry ranged from a low of 2.16% in October 2020 to a high of 15.22% in October 2022. The ratio peaked in October 2022 and has since shown a decreasing trend. However, it is important to note that even the lowest Operating ROA of 2.16% was above breakeven and still reflected the company's ability to generate profits from its operational assets.
The overall trend indicates that Korn Ferry has been able to effectively utilize its assets to generate operating income, although there have been fluctuations in performance over the past few years. Investors and analysts may want to monitor this ratio closely to assess the company's operational efficiency and profitability going forward.
Peer comparison
Apr 30, 2024