Korn Ferry (KFY)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,733,060 | 1,703,620 | 1,656,150 | 1,686,680 | 1,648,070 | 1,608,980 | 1,578,050 | 1,564,750 | 1,544,350 | 1,531,280 | 1,479,520 | 1,417,190 | 1,366,390 | 1,293,190 | 1,219,970 | 1,215,660 | 1,221,380 | 1,275,100 | 1,255,930 | 1,260,900 |
| ROE | 9.76% | 8.89% | 6.26% | 10.61% | 12.71% | 15.77% | 20.69% | 21.01% | 21.13% | 19.65% | 18.12% | 15.53% | 8.38% | 3.67% | 1.32% | 2.56% | 8.59% | 12.24% | 14.41% | 14.61% |
April 30, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $169,154K ÷ $1,733,060K
= 9.76%
Return on equity (ROE) is a key financial ratio that measures the profitability of a company by evaluating how effectively it generates profits from its shareholders' equity. For Korn Ferry, the ROE has fluctuated over the past few years, ranging from as low as 1.32% in January 2021 to as high as 21.13% in April 2022.
The trend in Korn Ferry's ROE shows some variability, with periods of both increase and decrease. In recent periods, the ROE has generally been above 10%, indicating that the company has been effectively utilizing its shareholders' equity to generate profits. However, the ROE has shown some inconsistency, potentially reflecting changes in the company's financial performance and efficiency over time.
It is important for stakeholders to further investigate the factors contributing to the fluctuation in Korn Ferry's ROE, such as changes in profit margins, asset management efficiency, or financial leverage. By analyzing the components that drive ROE, investors can gain a deeper understanding of Korn Ferry's financial health and performance.
Peer comparison
Apr 30, 2024