Korn Ferry (MEX:KFY) Operating Income: MXN6,758 Mil (TTM As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:KFY Korn Ferry MEX:KFY
90 GF Score
Price MXN1,195.00
GF Value MXN1,005.44
! 6 Warning Signs
View Full Analysis

What is Korn Ferry Operating Income?

Korn Ferry MEX:KFY 90 Operating Income is MXN6,758 Mil as of Apr. 2026. GuruFocus rates MEX:KFY with a GF Score™ of 90/100 and a GF Value™ of MXN1,005.44. The stock has 6 warning signs investors should review.

Korn Ferry's Operating Income for the three months ended in Apr. 2026 was MXN1,778 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was MXN6,758 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Korn Ferry's Operating Income for the three months ended in Apr. 2026 was MXN1,778 Mil. Korn Ferry's Revenue for the three months ended in Apr. 2026 was MXN13,457 Mil. Therefore, Korn Ferry's Operating Margin % for the quarter that ended in Apr. 2026 was 13.21%.

Korn Ferry's 5-Year average Growth Rate for Operating Margin % was -0.50% per year.

Operating Income or EBIT 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 Apr. 2026 was 13.38%. Korn Ferry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 126.41%.


Korn Ferry  (MEX:KFY) Operating Income Explanation

1. Operating Income or EBIT 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 Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=7113.148 * ( 1 - 28.24% )/( (38004.527 + 38306.134)/ 2 )
=5104.3950048/38155.3305
=13.38 %

where

Invested Capital(Q: Jan. 2026 )
=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))
=68522.934 - 14922.775 - ( 16693.722 - max(0, 15433.157 - 31028.789+16693.722))
=38004.527

Invested Capital(Q: Apr. 2026 )
=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))
=71199.023 - 16708.59 - ( 19869.546 - max(0, 17200.985 - 33385.284+19869.546))
=38306.134

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

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

Korn Ferry's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7562.26/( ( (5615.205 + max(-1729.691, 0)) + (6349.884 + max(-4513.741, 0)) )/ 2 )
=7562.26/( ( 5615.205 + 6349.884 )/ 2 )
=7562.26/5982.5445
=126.41 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10874.767 + 0 + 2318.317) - (14922.775 + 0 + 0)
=-1729.691

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10042.856 + 0 + 2151.993) - (16708.59 + 0 + 0)
=-4513.741

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Korn Ferry's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=1778.287/13456.849
=13.21 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Korn Ferry Operating Income Related Terms


Korn Ferry Operating Income Historical Data

* Premium members only.

The historical data trend for Korn Ferry's Operating Income 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.

Korn Ferry Operating Income Chart

Korn Ferry Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,570.24 6,455.95 4,803.35 6,822.00 6,564.04

Korn Ferry Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Income 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 2,048.56 1,568.57 1,831.56 1,579.08 1,778.29
MEX:KFY
90GF Score
Korn Ferry MEX:KFY
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Korn Ferry Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN6,758 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of MXN6,758 Mil mean?
Korn Ferry (MEX:KFY) has a Operating Income of MXN6,758 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Korn Ferry and its competitors.
Is Korn Ferry's Operating Income too high?
Korn Ferry's current Operating Income is MXN6,758 Mil. Overall, Korn Ferry has a GF Score™ of 90/100, reflecting its overall financial health beyond just this single metric.
How does Korn Ferry's Operating Income compare to RHI and TNET?
Korn Ferry's Operating Income of MXN6,758 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Business Services company?
A good Operating Income depends on the Business Services industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Korn Ferry and its competitors. Korn Ferry's current Operating Income is MXN6,758 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korn Ferry stock overvalued right now?
Korn Ferry (MEX:KFY) has a current Operating Income of MXN6,758 Mil. The stock's GF Value™ is MXN1,005.44, compared to a current price of MXN1,195.00 — trading 18.9% above its estimated fair value. The current Operating Income is MXN6,758 Mil. Korn Ferry's overall GF Score™ is 90/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Korn Ferry (MEX:KFY), the current Operating Income is MXN6,758 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Korn Ferry (MEX:KFY) Overvalued in 2026?

Based on GuruFocus' analysis, Korn Ferry stock appears to be overvalued. The current stock price of MXN1,195.00 is trading 18.9% above its estimated GF Value™ of MXN1,005.44.

Key valuation signals for MEX:KFY:

  • Operating Income: MXN6,758 Mil
  • GF Value™: MXN1,005.44 vs. price of MXN1,195.00 (18.9% above fair value)
  • GF Score™: 90/100 with 6 warning signs

No single metric tells the full story. See the MEX:KFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Korn Ferry Business Description

Other Exchanges KFY:USAKFY:Germany
Address 1900 Avenue of the Stars, Suite 1225, Los Angeles, CA, USA, 90067
Korn Ferry is a consulting firm that powers performance. The Company helps unlock the potential in people and unleash transformation across organizations synchronizing, operations, and talent to accelerate performance, fuel growth, and inspire a legacy of change. The company's segment includes Consulting, Digital, Executive Search North America, Executive Search EMEA, Executive Search APAC, Executive Search Latin America, Professional Search & Interim and RPO. The company generates the majority of its revenue from the Executive Search segment and Consulting segment. The Executive search segment helps organizations recruit board-level, chief executive, and other C-suite/senior executive and general management talent to deliver lasting impact.
90GF Score

Get the complete analysis for MEX:KFY

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,195.00
Price
MXN1,005.44
GF Value