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Korn Ferry, together with its subsidiaries, engages in the provision of organizational consulting services worldwide. The company offers consulting services for talent strategies, organizational structures, and workforce capabilities; and develops, integrate, and commercializes with Korn Ferry Talent suite, as well as enabling technology across Korn Ferry's other solution areas. The company operates cloud human resources platforms comprising Korn Ferry Architect, for providing organization and talent planning architecture for an agile and future-focused workforce; Korn Ferry Assess, for empowering leaders to take actions that lead to business success; Korn Ferry Listen, for deploying engagement surveys and benchmark employee engagement; Korn Ferry Sell, for developing and replicating sales strategies; and Korn Ferry Pay, a self-service pay solution, that provides global data and insights needed in real-time to make decisions on employee compensation programs. It serves public and private companies, consumer markets, financial services, healthcare, life sciences, industrial, technology, and specialties sectors. The company was formerly known as Korn/Ferry International and changed its name to Korn Ferry in January 2019. Korn Ferry was founded in 1969 and is based in Los Angeles, California.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.8B | $446M | $246M | $302M | 13.2% | -1.2% | 45.5% |
| 2024 | $2.8B | $322M | $169M | $229M | 9.8% | -2.4% | -19.3% |
| 2023 | $2.9B | $390M | $210M | $274M | 12.7% | 8.3% | -35.8% |
| 2022 | $2.6B | $522M | $326M | $452M | 21.1% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 2,643.46 | 2,863.84 | 2,795.50 | 2,761.09 |
| Operating Revenue | 2,626.72 | 2,835.41 | 2,762.67 | 2,730.09 |
| Cost Of Revenue | 131.14 | 266.93 | 332.85 | 316.07 |
| Gross Profit | 2,512.32 | 2,596.91 | 2,462.66 | 2,445.01 |
| Operating Expense | 2,042.24 | 2,238 | 2,181.17 | 2,096.80 |
| Selling General And Administration | 1,978.72 | 2,169.66 | 2,103.20 | 2,016.51 |
| Total Expenses | 2,173.38 | 2,504.92 | 2,514.02 | 2,412.87 |
| Operating Income | 470.07 | 358.91 | 281.49 | 348.21 |
| Total Operating Income As Reported | 470.07 | 316.34 | 212.93 | 346.32 |
| EBITDA | 521.72 | 389.94 | 321.58 | 445.56 |
| Normalized EBITDA | 521.72 | 432.51 | 390.13 | 447.45 |
| EBIT | 458.19 | 321.60 | 243.61 | 365.28 |
| Interest Expense | 25.29 | 25.86 | 20.97 | 20.36 |
| Net Interest Income | -25.29 | -25.86 | -20.97 | -20.36 |
| Other Non Operating Income Expenses | -11.88 | 5.26 | 30.68 | 18.95 |
| Other Income Expense | -11.88 | -37.31 | -37.88 | 17.06 |
| Interest Expense Non Operating | 25.29 | 25.86 | 20.97 | 20.36 |
| Net Non Operating Interest Income Expense | -25.29 | -25.86 | -20.97 | -20.36 |
| Pretax Income | 432.90 | 295.74 | 222.64 | 344.91 |
| Tax Provision | 102.06 | 82.68 | 50.08 | 93.84 |
| Tax Rate For Calcs | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | 0 | -11.90 | -15.43 | -0.51 |
| Net Income Continuous Operations | 330.84 | 213.05 | 172.56 | 251.08 |
| Net Income From Continuing And Discontinued Operation | 326.36 | 209.53 | 169.15 | 246.06 |
| Net Income From Continuing Operation Net Minority Interest | 326.36 | 209.53 | 169.15 | 246.06 |
| Net Income | 326.36 | 209.53 | 169.15 | 246.06 |
| Net Income Common Stockholders | 319.02 | 204.91 | 166.06 | 242.84 |
| Net Income Including Noncontrolling Interests | 330.84 | 213.05 | 172.56 | 251.08 |
| Normalized Income | 326.36 | 240.20 | 222.29 | 247.44 |
| Diluted NI Availto Com Stockholders | 319.09 | 204.94 | 166.08 | 242.88 |
| Basic Average Shares | 52.81 | 51.48 | 51.04 | 51.78 |
| Diluted Average Shares | 53.40 | 51.88 | 51.43 | 52.81 |
| Reconciled Depreciation | 63.52 | 68.33 | 77.97 | 80.29 |
| Reconciled Cost Of Revenue | 131.14 | 266.93 | 332.85 | 316.07 |
| Total Unusual Items | 0 | -42.57 | -68.56 | -1.89 |
| Total Unusual Items Excluding Goodwill | 0 | -42.57 | -68.56 | -1.89 |
| Minority Interests | -4.49 | -3.52 | -3.41 | -5.01 |
| Special Income Charges | 0 | -42.57 | -68.56 | -1.89 |
| Restructuring And Mergern Acquisition | 0 | 42.57 | 68.56 | 1.89 |
| Depreciation Amortization Depletion Income Statement | 63.52 | 68.33 | 77.97 | 80.29 |
| Depreciation And Amortization In Income Statement | 63.52 | 68.33 | 77.97 | 80.29 |
| General And Administrative Expense | 1,978.72 | 2,169.66 | 2,103.20 | 2,016.51 |
| Other Gand A | 237.27 | 268.46 | 259.04 | 258.49 |
| Salaries And Wages | 1,741.45 | 1,901.20 | 1,844.16 | 1,758.02 |
| Otherunder Preferred Stock Dividend | 7.34 | 4.62 | 3.09 | 3.23 |
| Average Dilution Earnings | 0.07 | 0.03 | 0.02 | 0.04 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Korn Ferrythis co. | KFY | $3.7B | 14.92↓ discount | 1.97 | 13.2% | 7.26 |
| Griffon Corporation | GFF | $3.9B | 77.09 | 53.26 | 69.1% | 18.97 |
| Mueller Water Products, Inc. | MWA | $3.9B | 20.48 | 4.00 | 19.5% | 12.33 |
| Otter Tail Corporation | OTTR | $3.6B | 13.16 | 1.95 | 14.8% | 8.92 |
| Standex International Corporation | SXI | $3.6B | 64.67 |
| 5.07 |
| 7.8% |
| 32.03 |
| Kadant Inc. | KAI | $3.6B | 35.19 | 3.66 | 10.4% | 18.27 |
| The GEO Group, Inc. | GEO | $3.4B | 13.21 | 2.23 | 16.9% | 7.99 |
| SkyWest, Inc. | SKYW | $3.3B | 7.72 | 1.20 | 15.6% | 5.47 |
| ArcBest Corporation | ARCB | $3.3B | 54.12 | 2.51 | 4.6% | 13.60 |
| Peer Median | - | 27.84 | 3.09 | 15.2% | 12.96 | |