Korn Ferry (KFY)
Return on assets (ROA)
Apr 30, 2025 | Apr 30, 2024 | Apr 30, 2023 | Apr 30, 2022 | Apr 30, 2021 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 246,062 | 169,154 | 209,529 | 326,360 | 114,454 |
Total assets | US$ in thousands | 3,861,220 | 3,678,870 | 3,574,440 | 3,464,550 | 3,056,530 |
ROA | 6.37% | 4.60% | 5.86% | 9.42% | 3.74% |
April 30, 2025 calculation
ROA = Net income ÷ Total assets
= $246,062K ÷ $3,861,220K
= 6.37%
The analysis of Korn Ferry's return on assets (ROA) over the specified period indicates notable fluctuations, reflecting changes in overall profitability and asset utilization efficiency.
As of April 30, 2021, Korn Ferry reported an ROA of 3.74%, suggesting relatively modest efficiency in generating earnings from its asset base. This figure increased substantially by April 30, 2022, reaching 9.42%, which signifies a significant improvement in either net income, asset management, or both. Such a rise may be attributable to factors such as increased revenue, better cost management, or a more asset-light business model during that period.
Following this peak, the ROA declined to 5.86% by April 30, 2023. This reduction indicates some reduction in profitability or a possible increase in assets that did not proportionally contribute to earnings. Nonetheless, the figure still remains above the 2021 level, reflecting an overall improvement compared to initial years.
The ROA continued to decrease to 4.60% by April 30, 2024, suggesting a slight erosion in asset efficiency or profitability, potentially influenced by market conditions, operational challenges, or strategic shifts.
Most recently, as of April 30, 2025, the ROA has risen again to 6.37%. This upward movement implies a recovery or enhancement in efficiency and profitability, possibly driven by strategic initiatives, improved operational performance, or favorable market environments.
Overall, the trend of Korn Ferry’s ROA demonstrates substantial variation over the analyzed period, with noticeable peaks and troughs. The fluctuations reflect changes in the company’s ability to convert assets into profits, influenced by both internal operational factors and external economic conditions. The recent increase in ROA suggests a positive trajectory, though the overall trend indicates that ROA is relatively volatile within this timeframe.
Peer comparison
Apr 30, 2025