← KORN FERRY
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $84.2m |
$133.8m
+58.92%
|
$102.7m
-23.27%
|
$104.9m
+2.24%
|
$114.5m
+9.06%
|
$326.4m
+185.15%
|
$209.5m
-35.80%
|
$169.2m
-19.27%
|
$246.1m
+45.47%
|
$277.4m
+12.75%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $83.4m |
$132.4m
+58.67%
|
$101.6m
-23.25%
|
$103.8m
+2.19%
|
$111.7m
+7.60%
|
$319.0m
+185.62%
|
$204.9m
-35.77%
|
$166.1m
-18.96%
|
$242.8m
+46.23%
|
$277.4m
+14.25%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $87.2m | $135.9m | $104.8m | $107.0m | $115.6m | $330.8m | $213.1m | $172.6m | $251.1m | $280.8m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $3.1m | $2.1m | $2.1m | $2.1m | $1.1m | $4.5m | $3.5m | $3.4m | $5.0m | — | — | |
| Depreciation, Depletion and Amortization | $47.3m | $48.6m | $46.5m | $55.3m | $61.8m | $63.5m | $68.3m | $78.0m | $80.3m | $98.8m | $98.8m | |
| Amortization of Intangible Assets | $15.4m | $14.7m | $13.5m | $16.3m | $19.2m | $20.3m | $23.7m | $25.6m | $25.0m | — | — | |
| Capitalized Computer Software, Amortization | $12.6m | $12.8m | $14.6m | $18.8m | $25.4m | $28.0m | $29.3m | $36.5m | $41.0m | — | — | |
| Depreciation | $31.9m | $33.8m | $33.0m | $39.0m | $42.6m | $43.2m | $44.6m | $52.4m | $55.3m | $98.8m | $98.8m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $68.3m | $78.0m | $80.3m | $98.8m | $98.8m | |
| Deferred Income Tax Expense (Benefit) | $6.6m | ($6.6m) | ($27.8m) | ($9.3m) | ($14.1m) | ($17.0m) | ($14.4m) | ($32.3m) | ($6.4m) | $31.8m | $31.8m | |
| Deferred Tax | — | — | — | — | — | — | ($14.4m) | ($32.3m) | ($6.4m) | $31.8m | $31.8m | |
| Share-based Payment Arrangement, Noncash Expense | $19.0m | $21.5m | $23.4m | $22.8m | $27.2m | $29.2m | $36.3m | $40.0m | $48.0m | — | $47.7m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $4.8m | $3.8m | $20.7m | $9.0m | $5.0m | $18.5m | $22.2m | $10.7m | $17.4m | — | — | |
| Share-based Payment Arrangement, Expense | $19.0m | $21.5m | $23.4m | $22.8m | $27.2m | $29.2m | $36.3m | $40.0m | $48.0m | — | $47.7m | |
| Goodwill, Impairment Loss | $0 | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 | |
| Impairment of Intangible Assets, Finite-lived | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss | $10.8m | $10.3m | $8.1m | ($2.1m) | $38.5m | ($12.0m) | $2.9m | $29.8m | $17.1m | — | — | |
| Operating Lease, Impairment Loss | — | — | $2.3m | $2.3m | $7.4m | $7.4m | $5.5m | $1.6m | $2.5m | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $9.8m | $3.2m | $3.0m | $0 | $0 | |
| Income (Loss) from Equity Method Investments | $333k | $297k | $311k | — | — | — | — | — | — | — | — | |
| Nonoperating Income (Expense) | $11.8m | $11.5m | $10.1m | ($2.9m) | $37.2m | ($11.9m) | $5.3m | $30.7m | $19.0m | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $21.7m | $40.5m | ($3.5m) | ($3.8m) | ($3.8m) | |
| Increase (Decrease) in Accounts Receivable | $42.3m | $53.4m | $30.6m | ($34.2m) | $67.3m | $138.6m | ($33.5m) | ($7.9m) | $33.2m | — | ($45.9m) | |
| Change In Receivables | — | — | — | — | — | — | $7.9m | $21.5m | ($27.5m) | ($45.9m) | ($45.9m) | |
| Changes In Account Receivables | — | — | — | — | — | — | $33.5m | $7.9m | ($33.2m) | ($24.4m) | ($45.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $106.1m |
$219.1m
+106.60%
|
$258.8m
+18.11%
|
$236.3m
-8.68%
|
$251.4m
+6.38%
|
$501.7m
+99.52%
|
$343.9m
-31.45%
|
$284.0m
-17.43%
|
$364.4m
+28.31%
|
$414.2m
+13.68%
|
$414.2m
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $50.1m | $42.0m | $46.7m | $41.5m | $31.1m | $49.4m | $70.4m | $55.1m | $62.5m | ($89.9m) | ($89.9m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $2.9m | — | $108.6m | $108.6m | $133.8m | $133.8m | $254.8m | $0 | $44.4m | — | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | ($10.8m) | $1.1m | ($21.1m) | ($24.9m) | ($24.9m) | |
| Net Cash Provided by (Used in) Investing Activities | ($20.6m) | ($44.8m) | ($69.5m) | ($198.8m) | ($61.4m) | ($184.3m) | ($323.5m) | ($53.8m) | ($125.5m) | — | ($98.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $155.5m | $20.6m | $238.9m | $876.9m | — | — | — | — | — | — | ($2.7m) | |
| Proceeds from Issuance of Long-term Debt | $275.0m | $226.9m | $226.9m | $1.0b | — | — | — | — | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($4.4m) | ($1.9m) | ($5.8m) | ($2.7m) | ($2.7m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($4.4m) | ($1.9m) | ($5.8m) | ($2.7m) | ($2.7m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($4.4m) | ($1.9m) | ($5.8m) | ($2.7m) | ($2.7m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($4.4m) | ($1.9m) | ($5.8m) | ($2.7m) | ($2.7m) | |
| Payments for Repurchase of Common Stock | $28.8m | $33.1m | $37.4m | $92.4m | $30.4m | $96.3m | $95.5m | $53.2m | $88.8m | — | — | |
| Payments of Ordinary Dividends, Common Stock | $23.3m | $23.0m | $23.5m | $22.8m | $22.5m | $26.8m | $33.0m | $54.4m | $83.6m | — | ($104.6m) | |
| Common Stock Dividend Paid | — | — | — | — | — | ($26.8m) | ($33.0m) | ($54.4m) | ($83.6m) | — | ($101.4m) | |
| Common Stock Payments | — | — | — | — | — | — | ($95.5m) | ($53.2m) | ($88.8m) | ($115.7m) | ($115.7m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($95.5m) | ($53.2m) | ($88.8m) | ($115.7m) | ($115.7m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($95.5m) | ($53.2m) | ($88.8m) | ($115.7m) | ($115.7m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($33.0m) | ($54.4m) | ($83.6m) | ($104.6m) | ($104.6m) | |
| Dividends Received CFI | — | — | — | — | — | — | $150k | $0 | $40k | $0 | $0 | |
| Net Other Financing Charges | — | — | — | — | — | — | ($27.0m) | ($15.2m) | ($20.4m) | ($22.9m) | ($22.9m) | |
| Net Cash Provided by (Used in) Financing Activities | $64.4m |
($77.3m)
-219.89%
|
($64.6m)
+16.35%
|
$43.7m
+167.59%
|
($66.9m)
-253.12%
|
($137.4m)
-105.49%
|
($152.2m)
-10.72%
|
($116.3m)
+23.56%
|
($190.7m)
-63.95%
|
— | ($238.4m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($12.3m) | $12.9m | ($19.2m) | $62.9m | $161.5m | $127.3m | ($134.0m) | $97.0m | $66.0m | — | $1.1b | |
| Beginning Cash Position | — | — | — | — | — | — | $978.1m | $844.0m | $941.0m | $1.0b | $1.0b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | $844.0m | $844.0m | $941.0m | — | — | $1.1b | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($2.3m) | ($16.8m) | $17.8m | $11.4m | $11.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $11.9m | $11.9m | $14.2m | $12.5m | $25.2m | $24.6m | $25.4m | $25.0m | $25.2m | $24.8m | — | |
| Income Taxes Paid, Net | $32.5m | $37.5m | $58.4m | $54.9m | $55.3m | $107.6m | $134.7m | $72.1m | $106.9m | $89.8m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | ($1.8m) | ($1.8m) | $38.5m | ($12.0m) | $2.9m | $29.8m | $17.1m | — | — | |
| General and Administrative Expense | $226.2m | $237.4m | $352.0m | $259.0m | $191.8m | $237.3m | $268.5m | $259.0m | $258.5m | — | — | |
| Goodwill | $576.9m | $584.2m | $578.3m | $613.9m | $626.7m | $725.6m | $909.5m | $908.4m | $948.8m | — | $0 | |
| Income Tax Expense (Benefit) | $29.1m | $70.1m | $29.5m | $43.9m | $48.1m | $102.1m | $82.7m | $50.1m | $93.8m | — | — | |
| Operating Expenses | — | — | — | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($152.2m) | ($116.3m) | ($190.7m) | ($238.4m) | ($238.4m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($323.5m) | ($53.8m) | ($125.5m) | ($98.7m) | ($98.7m) | |
| Change In Account Payable | — | — | — | — | — | — | ($27.8m) | ($54.7m) | ($2.0m) | $36.0m | $36.0m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($134.0m) | $97.0m | $66.0m | $88.5m | — | |
| Change In Income Tax Payable | — | — | — | — | — | — | ($15.3m) | $2.6m | ($5.3m) | ($4.6m) | ($4.6m) | |
| Change In Other Working Capital | — | — | — | — | — | — | $62.9m | $71.3m | $23.4m | $27.5m | $27.5m | |
| Change In Payable | — | — | — | — | — | — | ($43.1m) | ($52.1m) | ($7.3m) | $31.5m | $36.0m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($5.9m) | ($239k) | $8.0m | ($16.9m) | ($16.9m) | |
| Change In Tax Payable | — | — | — | — | — | — | ($15.3m) | $2.6m | ($5.3m) | ($4.6m) | ($4.6m) | |
| Changes In Cash | — | — | — | — | — | — | ($131.8m) | $113.8m | $48.1m | $77.0m | $77.0m | |
| End Cash Position | — | — | — | — | — | — | $844.0m | $941.0m | $1.0b | $1.1b | $1.1b | |
| Financing Cash Flow | — | — | — | — | — | — | ($152.2m) |
($116.3m)
+23.56%
|
($190.7m)
-63.95%
|
($238.4m)
-25.01%
|
($238.4m)
0.00%
|
|
| Free Cash Flow | — | — | — | — | — | — | $273.5m | $228.8m | $301.9m | $324.3m | $324.3m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($2.9m) | ($29.8m) | ($17.1m) | ($31.9m) | ($31.9m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($323.5m) | ($53.8m) | ($125.5m) | ($98.7m) | ($98.7m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($254.8m) | $0 | ($44.4m) | $0 | $0 | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $12.3m | $232k | $2.5m | $16.1m | $16.1m | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($70.4m) | ($55.1m) | ($62.5m) | ($89.9m) | ($89.9m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($2.9m) | ($29.8m) | ($17.1m) | ($31.9m) | ($31.9m) | |
| Other Non Cash Items | — | — | — | — | — | — | ($10.6m) | ($8.8m) | ($11.6m) | ($25.5m) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $7.6m | $8.3m | $7.9m | $7.5m | $7.5m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $22.5m | $20.7m | $20.7m | $16.3m | $16.3m | |
| Purchase Of Business | — | — | — | — | — | — | ($254.8m) | $0 | ($44.4m) | $0 | $0 | |
| Purchase Of Investment | — | — | — | — | — | — | ($53.5m) | ($45.8m) | ($39.5m) | ($36.9m) | ($36.9m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($70.4m) | ($55.1m) | ($62.5m) | ($89.9m) | ($89.9m) | |
| Sale Of Investment | — | — | — | — | — | — | $65.9m | $46.0m | $41.9m | $53.0m | $53.0m | |
| Stock Based Compensation | — | — | — | — | — | — | $36.3m | $40.0m | $48.0m | $47.7m | $47.7m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.