Korn Ferry (KFY)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,733,060 | 1,648,070 | 1,544,350 | 1,366,390 | 1,221,380 |
| ROE | 9.76% | 12.71% | 21.13% | 8.38% | 8.59% |
April 30, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $169,154K ÷ $1,733,060K
= 9.76%
The return on equity (ROE) of Korn Ferry has shown some fluctuations over the past five years. In April 2024, the ROE was 9.76%, which was lower compared to the previous year's ROE of 12.71% in April 2023. This decline indicates that the company's ability to generate profit from its shareholders' equity decreased during the period.
Looking further back, in April 2022, Korn Ferry achieved an ROE of 21.13%, marking a significant increase from the previous year's ROE of 8.38% in April 2021. This sharp rise suggests that the company's profitability in relation to its equity improved substantially in 2022.
Comparing the most recent ROE to that of two years ago, Korn Ferry's return on equity has shown a noticeable decline from 21.13% in April 2022 to 9.76% in April 2024. This decrease may raise concerns about the company's efficiency in utilizing its equity to generate profits.
Overall, Korn Ferry's ROE has exhibited fluctuation over the past five years, indicating varying levels of profitability and efficiency in utilizing shareholders' equity. Investors and stakeholders may want to further investigate the factors contributing to these changes in ROE to better understand the company's financial performance and prospects for the future.
Peer comparison
Apr 30, 2024