Korn Ferry (KFY)
Return on assets (ROA)
| Apr 30, 2025 | Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 246,062 | 247,007 | 247,664 | 185,153 | 169,154 | 151,459 | 103,635 | 178,887 | 209,529 | 253,699 | 326,553 | 328,784 | 326,360 | 300,886 | 268,104 | 220,110 | 114,454 | 47,462 | 16,136 | 31,162 |
| Total assets | US$ in thousands | 3,861,220 | 3,649,660 | 3,526,650 | 3,447,570 | 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 |
| ROA | 6.37% | 6.77% | 7.02% | 5.37% | 4.60% | 4.26% | 3.08% | 5.40% | 5.86% | 7.45% | 10.01% | 10.26% | 9.42% | 9.02% | 8.60% | 7.48% | 3.74% | 1.66% | 0.60% | 1.19% |
April 30, 2025 calculation
ROA = Net income (ttm) ÷ Total assets
= $246,062K ÷ $3,861,220K
= 6.37%
The analysis of Korn Ferry’s Return on Assets (ROA) over the specified period reveals notable fluctuations and trends indicative of the company's operational and financial performance variations.
From July 31, 2020, when the ROA was recorded at 1.19%, there was a marked decline by October 31, 2020, to 0.60%, reflecting a short-term decrease in profitability relative to total assets. Subsequently, the ROA demonstrated a significant upward trajectory, reaching 1.66% by January 31, 2021, and escalating further to 3.74% by April 30, 2021. This period marked an improvement in asset efficiency and overall profitability.
Throughout 2021, the ROA continued its ascent, reaching 7.48% by July 31 and an even higher 8.60% on October 31. The upward momentum persisted into early 2022, with the ROA rising slightly to 9.02% in January and maintaining a high level at 9.42% by April. The trend peaked around mid-2022, with ROA values exceeding 10%, specifically 10.26% on July 31 and remaining relatively high at 10.01% by October 31, indicating optimal utilization of assets to generate earnings during this period.
However, subsequent periods reflect a decline in ROA: from the peak, it decreased to 7.45% in January 2023, followed by a further decline to 5.86% by April 2023, and to 5.40% on July 31, 2023. The downward trend continued into October 2023, with the ROA dropping sharply to 3.08%.
In the most recent data, there are signs of recovery; the ROA increased to 4.26% in January 2024, and further to 4.60% by April 2024. A continued positive trend is observed with a rise to 5.37% on July 31, 2024, and an even higher 7.02% on October 31, 2024. The latest figures indicate a moderate recovery, with ROA reaching 6.77% in January 2025 and slightly decreasing to 6.37% in April 2025.
Overall, the ROA exhibits a pattern of significant growth from 2020 through mid-2022, reaching highs above 10%, followed by a downturn in late 2022 and 2023. The data suggests that Korn Ferry experienced periods of enhanced asset efficiency during the early and mid-2022 timeframe, with recent periods showing signs of stabilization and recovery in asset profitability.
Peer comparison
Apr 30, 2025