NYSE : KFY
Korn Ferry — Financial statements
Industrials · Staffing & Employment Services · United States
Last price 78.495 USD (Nov 2, 2026, 10:45 AM EST) · Market cap 4.28B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Korn Ferry (KFY) reported revenue of 2.96B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 2.96B | 2.91B | 2.73B | 2.76B | 2.84B | 2.63B |
| Cost of Revenue | 2.22B | 2.20B | 2.06B | 2.16B | 2.15B | 1.86B |
| Gross Profit | 730.71M | 706.62M | 670.34M | 605.59M | 686.69M | 766.52M |
| Selling, General & Admin | 264.08M | 247.73M | 255.53M | 255.84M | 258.61M | 237.27M |
| Operating Expenses | 348.64M | 332.77M | 335.81M | 333.80M | 326.95M | 300.79M |
| Operating Income | 382.07M | 373.85M | 334.52M | 271.79M | 359.74M | 465.73M |
| Interest Expense | -4.94M | -4.29M | -2.37M | -7.30M | -16.16M | -21.16M |
| Other Non Operating Income (Expenses) | 625.00K | 757.00K | 507.00K | 75.00K | 1.70M | 309.00K |
| EBT Excluding Unusual Items | 377.75M | 370.31M | 332.66M | 264.56M | 345.28M | 444.88M |
| Merger & Restructuring Charges | 1.51M | -1.89M | -68.56M | -42.57M | ||
| Gain (Loss) on Sale of Investments | 24.45M | 31.94M | 17.11M | 29.85M | 2.87M | -11.98M |
| Asset Writedown | -13.80M | -13.80M | -2.96M | -3.20M | -9.85M | |
| Pretax Income | 389.91M | 388.45M | 344.91M | 222.64M | 295.74M | 432.90M |
| Income Tax Expense | 107.03M | 107.63M | 93.84M | 50.08M | 82.68M | 102.06M |
| Earnings From Continuing Operations | 282.88M | 280.82M | 251.08M | 172.56M | 213.05M | 330.85M |
| Minority Interest in Earnings | -3.12M | -3.39M | -5.01M | -3.41M | -3.52M | -4.49M |
| Net Income | 279.76M | 277.43M | 246.06M | 169.15M | 209.53M | 326.36M |
| Preferred Dividends & Other Adjustments | 3.61M | 3.39M | 3.23M | 3.09M | 4.62M | 7.34M |
| Net Income to Common | 276.15M | 274.04M | 242.84M | 166.06M | 204.91M | 319.02M |
| Shares Outstanding (Basic) | 51.15M | 51.43M | 51.78M | 51.04M | 51.48M | 52.81M |
| Shares Outstanding (Diluted) | 52.26M | 52.52M | 52.81M | 51.43M | 51.88M | 53.40M |
| EPS (Basic) | 5.40 | 5.33 | 4.69 | 3.25 | 3.98 | 6.04 |
| EPS (Diluted) | 5.28 | 5.22 | 4.60 | 3.23 | 3.95 | 5.98 |
| Free Cash Flow | 318.71M | 324.29M | 301.88M | 228.81M | 273.51M | 452.25M |
| Free Cash Flow Per Share | 6.10 | 6.17 | 5.72 | 4.45 | 5.27 | 8.47 |
| Dividend Per Share | 2.06 | 1.99 | 1.59 | 1.02 | 0.60 | 0.48 |
| Gross Margin | 24.73% | 24.30% | 24.55% | 21.92% | 24.22% | 29.18% |
| Operating Margin | 12.93% | 12.86% | 12.25% | 9.84% | 12.69% | 17.73% |
| Profit Margin | 9.34% | 9.43% | 8.89% | 6.01% | 7.23% | 12.14% |
| Free Cash Flow Margin | 10.78% | 11.15% | 11.06% | 8.28% | 9.65% | 17.22% |
| EBITDA | 419.62M | 411.89M | 373.81M | 313.25M | 398.78M | 501.25M |
| EBITDA Margin | 14.20% | 14.17% | 13.69% | 11.34% | 14.06% | 19.08% |
| D&A For EBITDA | 37.55M | 38.04M | 39.29M | 41.47M | 39.03M | 35.52M |
| EBIT | 382.07M | 373.85M | 334.52M | 271.79M | 359.74M | 465.73M |
| EBIT Margin | 12.93% | 12.86% | 12.25% | 9.84% | 12.69% | 17.73% |
| Effective Tax Rate | 27.45% | 27.71% | 27.21% | 22.49% | 27.96% | 23.57% |
| Revenue as Reported | 2.99B | 2.94B | 2.76B | 2.80B | 2.86B | 2.64B |
| Advertising Expenses | 31.50M | 25.90M | 23.90M |
Balance sheet
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 800.85M | 1.10B | 1.01B | 941.00M | 844.02M | 978.07M |
| Short-Term Investments | 15.44M | 25.46M | 24.05M | 25.41M | 33.21M | 47.24M |
| Cash & Short-Term Investments | 816.29M | 1.12B | 1.03B | 966.42M | 877.24M | 1.03B |
| Accounts Receivable | 615.27M | 573.35M | 565.25M | 541.01M | 569.60M | 590.26M |
| Other Receivables | 67.82M | 75.13M | 37.50M | 40.70M | 65.38M | 31.88M |
| Receivables | 683.09M | 648.48M | 602.76M | 581.71M | 634.98M | 622.14M |
| Prepaid Expenses | 71.92M | 58.44M | 41.49M | 49.46M | 49.22M | 41.76M |
| Other Current Assets | 67.66M | 78.15M | 74.88M | 76.58M | 77.23M | 70.75M |
| Total Current Assets | 1.64B | 1.91B | 1.75B | 1.67B | 1.64B | 1.76B |
| Property, Plant & Equipment | 363.87M | 362.52M | 326.32M | 322.31M | 304.57M | 305.91M |
| Long-Term Investments | 29.93M | 48.77M | 43.58M | 30.20M | 27.50M | 38.31M |
| Goodwill | 945.84M | 950.64M | 948.83M | 908.38M | 909.49M | 725.59M |
| Other Intangible Assets | 39.75M | 45.86M | 70.19M | 88.83M | 114.43M | 89.77M |
| Long-Term Deferred Tax Assets | 118.38M | 113.21M | 144.56M | 133.56M | 102.06M | 84.71M |
| Other Long-Term Assets | 680.14M | 637.81M | 577.60M | 521.42M | 477.74M | 460.29M |
| Total Assets | 3.82B | 4.06B | 3.86B | 3.68B | 3.57B | 3.46B |
| Accounts Payable | 50.32M | 49.68M | 58.88M | 50.11M | 53.39M | 50.93M |
| Accrued Expenses | 360.68M | 635.21M | 588.14M | 577.55M | 590.64M | 603.83M |
| Current Portion of Leases | 32.30M | 30.03M | 39.94M | 37.49M | 47.19M | 49.66M |
| Current Income Taxes Payable | 18.72M | 19.57M | 23.08M | 24.08M | 19.97M | 34.45M |
| Current Unearned Revenue | 229.21M | 247.52M | 245.38M | 240.96M | 257.07M | 244.15M |
| Other Current Liabilities | 169.00K | 4.33M | 8.00M | 1.21M | ||
| Total Current Liabilities | 691.22M | 982.01M | 955.60M | 934.52M | 976.26M | 984.23M |
| Long-Term Debt | 398.78M | 398.56M | 397.74M | 396.95M | 396.19M | 395.48M |
| Long-Term Leases | 166.70M | 167.58M | 133.53M | 145.83M | 122.27M | 152.87M |
| Pension & Post-Retirement Benefits | 14.88M | 16.91M | 16.30M | 13.62M | 14.39M | |
| Long-Term Deferred Tax Liabilities | 6.61M | 5.72M | 5.98M | 4.54M | 5.35M | 2.71M |
| Other Long-Term Liabilities | 552.30M | 517.11M | 479.32M | 443.41M | 407.74M | 365.28M |
| Total Liabilities | 1.82B | 2.09B | 1.99B | 1.94B | 1.92B | 1.91B |
| Common Stock | 276.21M | 284.37M | 364.43M | 414.88M | 429.75M | 502.01M |
| Retained Earnings | 1.80B | 1.76B | 1.59B | 1.43B | 1.31B | 1.13B |
| Comprehensive Income & Other | -81.63M | -72.83M | -86.24M | -107.67M | -92.76M | -92.19M |
| Total Common Equity | 1.99B | 1.97B | 1.87B | 1.73B | 1.65B | 1.54B |
| Minority Interest | 6.89M | 6.30M | 5.68M | 4.27M | 4.93M | 5.24M |
| Shareholders' Equity | 2.00B | 1.98B | 1.87B | 1.74B | 1.65B | 1.55B |
| Total Liabilities & Equity | 3.82B | 4.06B | 3.86B | 3.68B | 3.57B | 3.46B |
| Total Debt | 597.77M | 596.17M | 571.21M | 580.27M | 565.66M | 598.00M |
| Net Cash (Debt) | 218.52M | 541.71M | 475.42M | 395.31M | 314.48M | 444.35M |
| Net Cash Per Share | 4.18 | 10.31 | 9.00 | 7.69 | 6.06 | 8.32 |
| Filing Date Shares Outstanding | 54.56M | 50.86M | 51.92M | 51.81M | 52.18M | 53.02M |
| Total Common Shares Outstanding | 50.79M | 50.23M | 51.46M | 51.98M | 52.27M | 53.19M |
| Working Capital | 947.75M | 923.97M | 794.54M | 739.64M | 662.41M | 775.75M |
| Book Value Per Share | 39.27 | 39.28 | 36.27 | 33.34 | 31.53 | 29.03 |
| Tangible Book Value | 1.01B | 976.11M | 847.43M | 735.85M | 624.15M | 728.98M |
| Tangible Book Value Per Share | 19.86 | 19.43 | 16.47 | 14.16 | 11.94 | 13.71 |
| Machinery | 590.11M | 529.84M | 465.35M | 424.89M | 376.83M | |
| Leasehold Improvements | 57.75M | 71.48M | 71.47M | 73.98M | 81.74M |
Cash flow statement
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 279.76M | 277.43M | 246.06M | 169.15M | 209.53M | 326.36M |
| Depreciation & Amortization | 37.55M | 38.04M | 39.29M | 41.47M | 39.03M | 35.52M |
| Other Amortization | 47.00M | 47.00M | 41.00M | 36.50M | 29.30M | 28.00M |
| Asset Writedown & Restructuring Costs | 13.80M | 13.80M | 2.96M | 3.20M | 9.85M | 9.31M |
| Loss (Gain) From Sale of Investments | -24.45M | -31.94M | -17.11M | -29.85M | -2.87M | 11.98M |
| Stock-Based Compensation | 49.12M | 47.68M | 47.96M | 39.97M | 36.28M | 29.21M |
| Provision & Write-off of Bad Debts | 16.62M | 16.26M | 20.68M | 20.71M | 22.49M | 21.55M |
| Other Operating Activities | -1.58M | 9.74M | -12.99M | -37.70M | -21.45M | -18.30M |
| Change in Accounts Receivable | -31.54M | -24.36M | -33.24M | 7.87M | 33.48M | -138.63M |
| Change in Accounts Payable | 21.60M | 36.05M | -1.98M | -54.71M | -27.82M | 191.45M |
| Change in Income Taxes | -10.97M | -26.09M | 362.00K | 16.29M | -40.92M | 16.72M |
| Change in Other Net Operating Assets | 7.00M | 10.57M | 31.36M | 71.06M | 56.99M | -11.51M |
| Operating Cash Flow | 403.93M | 414.19M | 364.36M | 283.96M | 343.89M | 501.66M |
| Capital Expenditures | -85.22M | -89.90M | -62.48M | -55.15M | -70.38M | -49.41M |
| Cash Acquisitions | -44.44M | -254.75M | -133.80M | |||
| Investment in Securities | 52.92M | 16.09M | 2.47M | 232.00K | 12.35M | 10.46M |
| Other Investing Activities | -24.78M | -24.90M | -21.04M | 1.09M | -10.69M | -11.58M |
| Investing Cash Flow | -57.08M | -98.72M | -125.50M | -53.83M | -323.48M | -184.33M |
| Long-Term Debt Repaid | -2.72M | -5.76M | -1.90M | -4.40M | -1.33M | |
| Net Debt Issued (Repaid) | -2.90M | -2.72M | -5.76M | -1.90M | -4.40M | -1.33M |
| Issuance of Common Stock | 7.42M | 7.52M | 7.87M | 8.35M | 7.61M | 6.92M |
| Repurchase of Common Stock | -131.57M | -134.92M | -106.17M | -63.89M | -117.69M | -114.79M |
| Common Dividends Paid | -108.66M | -104.64M | -83.63M | -54.39M | -32.97M | -26.79M |
| Other Financing Activities | -3.66M | -3.66M | -3.04M | -4.50M | -4.72M | -1.45M |
| Financing Cash Flow | -239.36M | -238.43M | -190.73M | -116.33M | -152.18M | -137.44M |
| Foreign Exchange Rate Adjustments | 8.51M | 11.43M | 17.83M | -16.82M | -2.28M | -52.59M |
| Net Cash Flow | 116.00M | 88.48M | 65.96M | 96.98M | -134.05M | 127.29M |
| Free Cash Flow | 318.71M | 324.29M | 301.88M | 228.81M | 273.51M | 452.25M |
| Free Cash Flow Margin | 10.78% | 11.15% | 11.06% | 8.28% | 9.65% | 17.22% |
| Free Cash Flow Per Share | 6.10 | 6.17 | 5.72 | 4.45 | 5.27 | 8.47 |
| Levered Free Cash Flow | 253.32M | 244.19M | 280.60M | 249.74M | 216.71M | 401.79M |
| Unlevered Free Cash Flow | 256.41M | 246.87M | 282.08M | 254.31M | 226.80M | 415.01M |
| Cash Interest Paid | 24.77M | 24.77M | 25.25M | 24.99M | 25.41M | 24.61M |
| Cash Income Tax Paid | 89.78M | 89.78M | 106.90M | 72.12M | 134.74M | 107.60M |
| Change in Working Capital | -13.90M | -3.83M | -3.49M | 40.51M | 21.73M | 58.03M |
Ratios
Fiscal year May - April; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 4.30B | 3.45B | 3.19B | 3.17B | 2.52B | 3.31B |
| Enterprise Value | 4.09B | 3.04B | 2.94B | 2.98B | 2.27B | 2.98B |
| Last Close Price | 76.55 | 65.44 | 59.05 | 56.78 | 44.10 | 55.77 |
| PE Ratio | 14.93 | 12.58 | 13.12 | 19.08 | 12.28 | 10.38 |
| Forward PE | 13.81 | 11.81 | 12.58 | 13.47 | 11.49 | 10.45 |
| PS Ratio | 1.41 | 1.19 | 1.17 | 1.15 | 0.89 | 1.26 |
| PB Ratio | 1.95 | 1.74 | 1.70 | 1.82 | 1.52 | 2.14 |
| P/TBV Ratio | 4.14 | 3.53 | 3.76 | 4.31 | 4.03 | 4.54 |
| P/FCF Ratio | 13.10 | 10.63 | 10.56 | 13.85 | 9.20 | 7.32 |
| P/OCF Ratio | 10.34 | 8.32 | 8.75 | 11.16 | 7.32 | 6.60 |
| PEG Ratio | 0.89 | 0.89 | 0.89 | 0.77 | 0.70 | |
| EV/Sales Ratio | 1.34 | 1.04 | 1.08 | 1.08 | 0.80 | 1.13 |
| EV/EBITDA Ratio | 9.43 | 7.37 | 7.86 | 9.52 | 5.68 | 5.94 |
| EV/EBIT Ratio | 10.36 | 8.12 | 8.79 | 10.98 | 6.30 | 6.40 |
| EV/FCF Ratio | 12.42 | 9.37 | 9.74 | 13.04 | 8.28 | 6.59 |
| Debt / Equity Ratio | 0.30 | 0.30 | 0.30 | 0.33 | 0.34 | 0.39 |
| Debt / EBITDA Ratio | 1.26 | 1.28 | 1.33 | 1.57 | 1.24 | 1.06 |
| Debt / FCF Ratio | 1.88 | 1.84 | 1.89 | 2.54 | 2.07 | 1.32 |
| Net Debt / Equity Ratio | -0.11 | -0.27 | -0.25 | -0.23 | -0.19 | -0.29 |
| Net Debt / EBITDA Ratio | -0.52 | -1.31 | -1.27 | -1.26 | -0.79 | -0.89 |
| Net Debt / FCF Ratio | -0.69 | -1.67 | -1.57 | -1.73 | -1.15 | -0.98 |
| Asset Turnover | 0.79 | 0.73 | 0.72 | 0.76 | 0.81 | 0.81 |
| Quick Ratio | 2.17 | 1.80 | 1.71 | 1.66 | 1.55 | 1.67 |
| Current Ratio | 2.37 | 1.94 | 1.83 | 1.79 | 1.68 | 1.79 |
| Return on Equity (ROE) | 14.51% | 14.58% | 13.91% | 10.18% | 13.30% | 22.67% |
| Return on Assets (ROA) | 6.41% | 5.90% | 5.55% | 4.68% | 6.39% | 8.93% |
| Return on Invested Capital (ROIC) | 17.13% | 18.86% | 17.62% | 15.65% | 21.04% | 32.55% |
| Return on Capital Employed (ROCE) | 12.20% | 12.10% | 11.50% | 9.90% | 13.80% | 18.80% |
| Earnings Yield | 6.70% | 8.05% | 7.72% | 5.34% | 8.33% | 9.85% |
| FCF Yield | 7.63% | 9.41% | 9.47% | 7.22% | 10.87% | 13.66% |
| Dividend Yield | 2.78% | 2.90% | 2.57% | 1.67% | 1.25% | 0.77% |
| Payout Ratio | 41.63% | 37.72% | 33.99% | 32.16% | 15.74% | 8.21% |
| Buyback Yield / Dilution | 0.85% | 0.54% | -2.67% | 0.87% | 2.84% | 0.01% |
| Total Shareholder Return | 3.72% | 3.44% | -0.10% | 2.54% | 4.09% | 0.78% |