Korn Ferry (KFY)
Return on assets (ROA)
| Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 169,154 | 209,529 | 326,360 | 114,454 | 104,946 |
| Total assets | US$ in thousands | 3,678,870 | 3,574,440 | 3,464,550 | 3,056,530 | 2,743,830 |
| ROA | 4.60% | 5.86% | 9.42% | 3.74% | 3.82% |
April 30, 2024 calculation
ROA = Net income ÷ Total assets
= $169,154K ÷ $3,678,870K
= 4.60%
The return on assets (ROA) for Korn Ferry has exhibited some fluctuation over the past five years. The ROA was highest in April 2022 at 9.42%, indicating that the company generated a significant return on its assets in that year. However, there was a noticeable decrease in ROA in the following year, dropping to 3.74% in April 2021.
Subsequently, the ROA slightly increased to 3.82% in April 2020 and then rose to 5.86% in April 2023 before declining again to 4.60% in April 2024. These variations suggest that Korn Ferry's efficiency in generating profits from its assets has been subject to some volatility.
Overall, the ROA trend indicates that Korn Ferry has experienced fluctuations in its asset utilization efficiency over the past five years, with varying levels of profitability relative to its total assets. Further analysis of the company's operational performance and asset management strategies may be necessary to understand the factors contributing to these fluctuations in ROA.
Peer comparison
Apr 30, 2024