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Korn Ferry (Korn Ferry) EBIT : $226 Mil (TTM As of Jan. 2024)


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What is Korn Ferry EBIT?

Korn Ferry's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2024 was $74 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2024 was $226 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Korn Ferry's annualized ROC % for the quarter that ended in Jan. 2024 was 9.37%. Korn Ferry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 95.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Korn Ferry's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 6.94%.


Korn Ferry EBIT Historical Data

The historical data trend for Korn Ferry's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Korn Ferry EBIT Chart

Korn Ferry Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.23 173.15 192.98 458.19 321.60

Korn Ferry Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.61 73.02 70.35 8.98 73.68

Competitive Comparison of Korn Ferry's EBIT

For the Staffing & Employment Services subindustry, Korn Ferry's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Korn Ferry's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Korn Ferry's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Korn Ferry's EV-to-EBIT falls into.



Korn Ferry EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $226 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Korn Ferry  (NYSE:KFY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Korn Ferry's annualized ROC % for the quarter that ended in Jan. 2024 is calculated as:

ROC % (Q: Jan. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2023 ) + Invested Capital (Q: Jan. 2024 ))/ count )
=217.916 * ( 1 - 13.12% )/( (1992.631 + 2048.511)/ 2 )
=189.3254208/2020.571
=9.37 %

where

Invested Capital(Q: Oct. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3360.961 - 721.345 - ( 646.985 - max(0, 764.119 - 1421.54+646.985))
=1992.631

Invested Capital(Q: Jan. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3556.325 - 805.746 - ( 782.524 - max(0, 842.641 - 1544.709+782.524))
=2048.511

Note: The Operating Income data used here is four times the quarterly (Jan. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Korn Ferry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=294.736/( ( (288.436 + max(-12.863, 0)) + (331.041 + max(-106.581, 0)) )/ 2 )
=294.736/( ( 288.436 + 331.041 )/ 2 )
=294.736/309.7385
=95.16 %

where Working Capital is:

Working Capital(Q: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(592.208 + 0 + 116.274) - (721.345 + 0 + 0)
=-12.863

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(589.717 + 0 + 109.448) - (805.746 + 0 + 0)
=-106.581

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Korn Ferry's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2024 )
=226.028/3259.226
=6.94 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Korn Ferry EBIT Related Terms

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Korn Ferry (Korn Ferry) Business Description

Traded in Other Exchanges
Address
1900 Avenue of the Stars, Suite 1500, Los Angeles, CA, USA, 90067
Korn Ferry is a United States-based firm engaged in organizational consulting and management recruitment that helps clients fill mid- to high-level management positions. The company's segment includes Consulting; Digital; Executive Search and RPO and Professional Search.
Executives
Matthew J Espe director
Jeanne Macdonald officer: CEO RPO 1900 AVENUE OF THE STARS, SUITE 1500, LOS ANGELES CA 90067
Charles L. Harrington director 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
Michael Distefano officer: See Remarks 1900 AVENUE OF THE STARS, SUITE 1500, LOS ANGELES CA 90067
Gary D Burnison director, officer: CEO C/O KORN FERRY INTERNATIONAL, 800 CENTURY PARK EAST STE 900, LOS ANGELES CA 90067
Laura M Bishop director 1900 AVENUE OF THE STARS, SUITE 1500, LOS ANGELES CA 90067
Robert P Rozek officer: EVP and CFO 343 STATE STREET, ROCHESTER NY 146500211
Byrne K Mulrooney officer: CEO of Futurestep 2050 SPECTRUM BOULEVARD, FT. LAUDERDALE FL 33309
Jerry Leamon director C/O KORN/FERRY INTERNATIONAL, 1900 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
George T Shaheen director
Len J Lauer director 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Lori Jean Robinson director 5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124
Mark Arian officer: CEO of Hay Group C/O KORN/FERRY INTERNATIONAL, 1900 AVE. OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
Debra J Perry director 515 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Angel R Martinez director C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353

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