Korn Ferry (KFY)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 104,946 | 156,012 | 180,983 | 184,213 |
| 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 |
| ROA | 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% | 3.82% | 5.69% | 7.28% | 7.65% |
April 30, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $169,154K ÷ $3,678,870K
= 4.60%
To analyze Korn Ferry's return on assets (ROA) over the provided periods, we observe fluctuations in the ROA percentage. It is evident that the ROA has varied significantly, ranging from a low of 0.60% in October 2020 to a high of 10.26% in July 2022.
The company's ROA has generally shown a decreasing trend from mid-2022 to early 2024, with values dropping from 10.26% to 4.26%. This decline may indicate potential challenges in efficiently utilizing its assets to generate profits during this period.
However, it is noteworthy that the ROA experienced periodic spikes, such as in July 2023 and January 2023, where it exceeded 5%. These spikes could indicate temporary improvements in asset efficiency and profitability for those particular periods.
Overall, Korn Ferry's ROA demonstrates variability over the analyzed periods, suggesting fluctuations in asset utilization and profitability levels. Further analysis of the company's financial performance and operational strategies may provide insights into the factors influencing these fluctuations in ROA.
Peer comparison
Apr 30, 2024