KORN FERRY

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $1.3b
$1.6b +20.42%
$1.8b +12.20%
$2.0b +8.48%
$2.0b +0.18%
$1.8b -7.96%
$2.6b +45.25%
$2.9b +8.34%
$2.8b -2.39%
$2.8b -1.23%
$2.9b +6.43%
Cost of services $71.5m
$73.7m +3.04%
$123.3m +67.42%
$130.5m +5.81%
$81.9m -37.21%
$131.1m +60.06%
$266.9m +103.55%
$332.8m +24.70%
$316.1m -5.04%
$350.3m +10.84%
Gross Profit $1.3b
$1.5b +21.39%
$1.7b +9.57%
$1.8b +8.68%
$1.9b +2.82%
$1.7b -10.90%
$2.4b +40.72%
$2.5b +6.50%
$2.5b -2.04%
$2.4b -2.77%
$2.6b +7.37%
General and Administrative Expense $213.0m $226.2m $237.4m $352.0m $259.0m $191.8m $237.3m $268.5m $259.0m $258.5m $2.1b
Labor and Related Expense $897.3m $1.1b $1.2b $1.3b $1.3b $1.3b $1.7b $1.9b $1.8b $1.8b
General and administrative expenses $226.2m $237.4m $352.0m $259.0m $191.8m $237.3m $268.5m $259.0m $258.5m $247.7m $2.1b
Amortization of Intangible Assets $11.7m $15.4m $14.7m $13.5m $16.3m $19.2m $20.3m $23.7m $25.6m $25.0m
Restructuring charges, net $34.6m $78k $0 $58.6m $30.7m $0 $42.6m $68.6m $1.9m $0
Operating Expenses $1.3b $2.6b
Total operating expenses $1.5b $1.6b $1.8b $1.8b $1.7b $2.2b $2.5b $2.6b $2.4b $2.6b $2.6b
Operating Income (Loss) $52.7m
$114.4m +117.19%
$203.9m +78.16%
$140.8m -30.93%
$176.0m +24.99%
$155.8m -11.50%
$470.1m +201.75%
$316.3m -32.70%
$212.9m -32.69%
$346.3m +62.65%
$374.7m +8.21%
Interest expense, net ($10.3m) ($9.7m) ($16.9m) ($22.2m) ($29.3m) ($25.3m) ($25.9m) ($21.0m) ($20.4m) ($20.0m) $20.0m
Other Nonoperating Income (Expense) ($4.2m) $11.8m $11.5m $10.1m ($2.9m) $37.2m ($11.9m) $5.3m $30.7m $19.0m
Income (Loss) from Equity Method Investments $1.6m $333k $297k $311k
Other income, net $11.8m $11.5m $10.1m ($2.9m) $37.2m ($11.9m) $5.3m $30.7m $19.0m $33.7m $33.7m
Interest Income (Expense), Nonoperating, Net $237k ($10.3m) ($9.7m) ($16.9m) ($22.2m) ($29.3m) ($25.3m) ($25.9m) ($21.0m) ($20.4m)
Income (Loss) from Continuing Operations before Income Taxes, Domestic $22.2m $5.5m $46.9m ($22.4m) $40.7m $34.7m $184.9m $136.3m $70.7m $157.4m $388.4m
Income before provision for income taxes $206.0m $134.3m $151.0m $163.7m $432.9m $295.7m $222.6m $344.9m $388.4m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $151.0m $151.0m $163.7m $432.9m $295.7m $222.6m $344.9m $388.4m
Current Income Tax Expense (Benefit) $32.8m $22.5m $76.7m $57.3m $53.3m $62.3m $119.0m $97.1m $82.4m $100.2m $107.6m
Income tax provision $29.1m $70.1m $29.5m $43.9m $48.1m $102.1m $82.7m $50.1m $93.8m $107.6m
Income Tax Expense (Benefit) $19.0m $29.1m $70.1m $29.5m $43.9m $48.1m $102.1m $82.7m $50.1m $93.8m $107.6m
Net Income (Loss) Attributable to Parent $30.9m
$84.2m +172.32%
$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%
$274.0m +11.37%
Net Income (Loss) Available to Common Stockholders, Basic $30.6m
$83.4m +172.31%
$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%
$274.0m +12.85%
Net Income (Loss) Attributable to Noncontrolling Interest $520k $3.1m $2.1m $2.1m $2.1m $1.1m $4.5m $3.5m $3.4m $5.0m $274.0m
Net income attributable to noncontrolling interest ($3.1m) ($2.1m) ($2.1m) ($2.1m) ($1.1m) ($4.5m) ($3.5m) ($3.4m) ($5.0m) ($3.4m)
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic ($82k) ($560k) ($1.2m) ($831k) ($901k) ($2.2m) ($6.8m) ($3.9m) $2.1m $2.1m
Earnings Per Share, Basic $0.58 $1.48 $2.39 $1.84 $1.91 $2.11 $6.04 $3.98 $3.25 $4.69 $5.33
Earnings Per Share, Diluted $0.58 $1.47 $2.35 $1.81 $1.90 $2.09 $5.98 $3.95 $3.23 $4.60 $5.22
Common Stock, Dividends, Per Share, Declared $0.40 $0.40 $0.40 $0.40 $0.40 $0.40 $0.48 $0.60 $1.02 $1.59
Weighted Average Number of Shares Outstanding, Basic 52.4m 56.2m 55.4m 55.3m 54.3m 52.9m 52.8m 51.5m 51.0m 51.8m 51.4m
Basic (in shares) $56.2m $55.4m $55.3m $54.3m $52.9m $52.8m $51.5m $51.0m $51.8m $51.4m $51.4m
Weighted Average Number of Shares Outstanding, Diluted 52.9m 56.9m 56.3m 56.1m 54.8m 53.4m 53.4m 51.9m 51.4m 52.8m 52.5m
Additional Financial Items
Capitalized Computer Software, Amortization $11.3m $12.6m $12.8m $14.6m $18.8m $25.4m $28.0m $29.3m $36.5m $41.0m
Costs and Expenses $1.5b $1.5b $1.6b $1.8b $1.8b $1.7b $2.2b $2.5b $2.6b $2.4b
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0
Compensation and benefits $1.1b $1.2b $1.3b $1.3b $1.3b $1.7b $1.9b $1.8b $1.8b $1.9b
Depreciation and amortization $47.3m $48.6m $46.5m $55.3m $61.8m $63.5m $68.3m $78.0m $80.3m $98.8m $98.8m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.