Korn Ferry (KFY) Balance Sheet
KFY balance sheet, FY2026
April 30, 2026 · U.S. dollars$4.06B assets = $2.09B liabilities + $1.98B equity
Both columns are drawn to the same scale: what KFY owns equals what it owes plus shareholders’ equity. Hover a block for its value.
KFY financial health
Current ratio1.94
Comfortable · current assets cover current liabilities 1.94×
Debt / equity0.30
Low leverage · $0.30 of debt for each $1 of equity
Equity / assets48.5%
Equity-funded · of assets funded by shareholders
Cash / debt191.8%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles24.5%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
KFY balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.06BFY2017 | $4.06BFY2026 | +7.8%/yr | |
| Total liabilities | $975.9MFY2017 | $2.09BFY2026 | +8.8%/yr | |
| Shareholders’ equity | $1.08BFY2017 | $1.97BFY2026 | +6.9%/yr | |
| Cash & short-term investments | $415.2MFY2017 | $1.13BFY2026 | +11.8%/yr | |
| Total debt | $256.0MFY2017 | $591.6MFY2026 | +9.8%/yr | |
| Net cash (debt) | $159.3MFY2017 | $542.8MFY2026 | +$383.5M | |
| Working capital | $385.1MFY2017 | $924.0MFY2026 | +$538.9M | |
| Book value per share | $19.04FY2017 | $37.56FY2026 | +7.8%/yr | |
| Current ratio | 1.84FY2017 | 1.94FY2026 | +0.10 | |
| Debt / equity | 0.24FY2017 | 0.30FY2026 | +0.06 | |
| Shares outstanding | 56.9MFY2017 | 52.5MFY2026 | −0.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
KFY assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
KFY liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
KFY debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
KFY balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $1.13B | $1.04B | $983.7M | $888.9M | $1.04B | $914.4M | $731.2M | $634.6M | $535.1M | $415.2M |
| Cash & equivalents | $1.10B | $1.01B | $941.0M | $844.0M | $978.1M | $850.8M | $689.2M | $626.4M | $520.8M | $410.9M |
| Short-term investments | $38.9M | $36.4M | $42.7M | $44.8M | $57.2M | $63.7M | $42.0M | $8.3M | $14.3M | $4.4M |
| Receivables | $648.8M | $603.6M | $581.7M | $637.1M | $622.1M | $488.8M | $435.9M | $431.6M | $414.1M | $376.9M |
| Inventory | $0 | $0 | $0 | $49.2M | $41.8M | $30.7M | $26.9M | $28.5M | −$2.1M | $1 |
| Other current assets | $122.9M | $103.1M | $108.7M | $63.5M | $60.7M | $53.2M | $43.1M | $42.0M | $67.1M | $51.5M |
| Total current assets | $1.91B | $1.75B | $1.67B | $1.64B | $1.76B | $1.49B | $1.24B | $1.14B | $1.01B | $843.7M |
| Property, plant & equipment (net) | $390.6M | $326.3M | $322.3M | $304.6M | $305.9M | $305.9M | $337.8M | $131.5M | $119.9M | $109.6M |
| Goodwill & intangible assets | $996.5M | $1.02B | $997.2M | $1.02B | $815.4M | $719.6M | $725.9M | $661.2M | $787.4M | $794.2M |
| Long-term investments | $247.1M | $233.6M | $211.7M | $203.6M | $197.1M | $207.1M | $161.7M | $155.1M | $220.7M | $182.2M |
| Other non-current assets | $524.5M | $532.1M | $473.5M | $403.7M | $386.3M | $336.8M | $281.4M | $250.1M | $145.6M | $133.2M |
| Total assets | $4.06B | $3.86B | $3.68B | $3.57B | $3.46B | $3.06B | $2.74B | $2.33B | $2.29B | $2.06B |
| Liabilities | ||||||||||
| Accounts payable | $49.7M | $58.9M | $50.1M | $53.4M | $50.9M | $45.0M | $45.7M | $39.2M | $35.2M | $37.5M |
| Short-term debt | $28.1M | $38.6M | $37.5M | $47.2M | $48.6M | $48.0M | $54.9M | $113.0M | $24.9M | $19.8M |
| Deferred revenue | — | — | $241.0M | $257.1M | $244.1M | $184.6M | $133.1M | $113.0M | $114.7M | $95.8M |
| Total current liabilities | $982.0M | $955.6M | $934.5M | $976.3M | $984.2M | $750.1M | $624.2M | $551.0M | $558.5M | $458.6M |
| Long-term debt | $398.6M | $399.5M | $399.3M | $396.2M | $395.5M | $394.8M | $394.1M | $222.9M | $211.3M | $236.2M |
| Lease obligations | $193.0M | $170.3M | $179.6M | $165.0M | $199.8M | $204.0M | $235.6M | — | — | — |
| Other long-term liabilities | $705.3M | $634.0M | $607.8M | $549.0M | $535.3M | $542.9M | $501.8M | $317.6M | $298.5M | $281.0M |
| Total liabilities | $2.09B | $1.99B | $1.94B | $1.92B | $1.91B | $1.69B | $1.52B | $1.09B | $1.07B | $975.9M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $284.4M | $364.4M | $414.9M | $429.8M | $502.0M | $583.3M | $585.6M | $656.5M | $683.9M | $692.5M |
| Retained earnings (deficit) | $1.76B | $1.59B | $1.43B | $1.31B | $1.13B | $834.9M | $743.0M | $660.8M | $572.8M | $462.0M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$72.8M | −$86.2M | −$107.7M | −$92.8M | −$92.2M | −$51.8M | −$107.2M | −$76.7M | −$40.1M | −$71.1M |
| Minority interest | $6.3M | $5.7M | $4.3M | $4.9M | $5.2M | $2.4M | $2.3M | $2.7M | $3.0M | $3.6M |
| Total shareholders' equity | $1.97B | $1.87B | $1.73B | $1.65B | $1.54B | $1.37B | $1.22B | $1.24B | $1.22B | $1.08B |
| Key figures | ||||||||||
| Total debt | $591.6M | $568.1M | $580.3M | $565.7M | $595.3M | $598.8M | $629.8M | $335.9M | $236.2M | $256.0M |
| Net cash (debt) | $542.8M | $475.3M | $403.5M | $323.2M | $440.0M | $315.7M | $101.4M | $298.8M | $298.9M | $159.3M |
| Working capital | $924.0M | $794.5M | $739.6M | $662.4M | $775.7M | $737.1M | $612.9M | $585.9M | $455.8M | $385.1M |
| Tangible book value | $976.1M | $847.4M | $735.8M | $624.2M | $729.0M | $646.8M | $495.5M | $582.1M | $429.2M | $289.3M |
| Book value per share | $37.56 | $35.35 | $33.70 | $31.77 | $28.92 | $25.59 | $22.30 | $22.17 | $21.63 | $19.04 |
| Shares outstanding | 52.5M | 52.8M | 51.4M | 51.9M | 53.4M | 53.4M | 54.8M | 56.1M | 56.3M | 56.9M |
| Current ratio | 1.94 | 1.83 | 1.79 | 1.68 | 1.79 | 1.98 | 1.98 | 2.06 | 1.82 | 1.84 |
| Quick ratio | 1.82 | 1.72 | 1.68 | 1.56 | 1.68 | 1.87 | 1.87 | 1.94 | 1.70 | 1.73 |
| Debt / equity | 0.30 | 0.30 | 0.33 | 0.34 | 0.39 | 0.44 | 0.52 | 0.27 | 0.19 | 0.24 |
| Equity / assets | 48.5% | 48.3% | 47.1% | 46.1% | 44.6% | 44.7% | 44.5% | 53.3% | 53.2% | 52.5% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $816.3M | $1.13B | $976.7M | $786.4M | $708.0M | $1.04B | $805.4M | $721.0M | $661.5M | $983.7M | $782.5M | $647.0M |
| Cash & equivalents | $800.9M | $1.10B | $938.4M | $761.6M | $684.9M | $1.01B | $779.3M | $694.9M | $633.4M | $941.0M | $736.8M | $620.8M |
| Short-term investments | $15.4M | $38.9M | $38.4M | $24.9M | $23.1M | $36.4M | $26.1M | $26.1M | $28.1M | $42.7M | $45.7M | $26.1M |
| Receivables | $683.5M | $648.8M | $692.6M | $682.6M | $647.4M | $603.6M | $630.2M | $634.7M | $622.6M | $581.7M | $652.7M | $658.3M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $139.1M | $122.9M | $119.1M | $137.2M | $135.5M | $103.1M | $121.8M | $126.8M | $131.4M | $108.7M | $109.4M | $116.3M |
| Total current assets | $1.64B | $1.91B | $1.79B | $1.61B | $1.49B | $1.75B | $1.56B | $1.48B | $1.42B | $1.67B | $1.54B | $1.42B |
| Property, plant & equipment (net) | $394.5M | $390.6M | $323.7M | $308.4M | $322.8M | $326.3M | $310.9M | $323.2M | $315.4M | $322.3M | $331.0M | $288.4M |
| Goodwill & intangible assets | $985.6M | $996.5M | $1.00B | $1.01B | $1.01B | $1.02B | $1.02B | $985.2M | $991.1M | $997.2M | $1.00B | $1.01B |
| Long-term investments | $234.8M | $247.1M | $23.7M | $16.7M | $17.4M | $233.6M | $14.1M | $13.7M | $231.2M | $211.7M | $11.8M | $196.9M |
| Other non-current assets | $563.1M | $524.5M | $809.7M | $785.4M | $786.9M | $532.1M | $749.4M | $722.1M | $494.4M | $473.5M | $664.3M | $445.1M |
| Total assets | $3.82B | $4.06B | $3.95B | $3.72B | $3.63B | $3.86B | $3.65B | $3.53B | $3.45B | $3.68B | $3.56B | $3.36B |
| Liabilities | ||||||||||||
| Accounts payable | $50.3M | $49.7M | $60.0M | $53.0M | $55.1M | $58.9M | $51.7M | $44.1M | $49.6M | $50.1M | $46.4M | $46.4M |
| Short-term debt | $30.6M | $28.1M | $29.4M | $33.0M | $36.3M | $38.6M | $36.8M | $38.5M | $35.9M | $37.5M | $36.9M | $44.1M |
| Deferred revenue | — | — | $259.6M | — | — | — | — | — | $227.6M | $241.0M | $246.4M | $223.2M |
| Total current liabilities | $691.2M | $982.0M | $889.6M | $749.2M | $674.4M | $955.6M | $817.8M | $717.8M | $658.0M | $934.5M | $842.6M | $764.1M |
| Long-term debt | $398.8M | $398.6M | $398.4M | $398.1M | $397.9M | $399.5M | $397.5M | $397.3M | $397.1M | $396.9M | $396.8M | $396.6M |
| Lease obligations | $194.3M | $193.0M | $162.1M | $151.6M | $162.7M | $170.3M | $167.7M | $180.9M | $173.1M | $179.6M | $188.1M | $143.1M |
| Other long-term liabilities | $725.6M | $705.3M | $653.7M | $625.8M | $659.4M | $634.0M | $637.1M | $628.7M | $633.2M | $610.1M | $609.5M | $539.8M |
| Total liabilities | $1.82B | $2.09B | $1.94B | $1.77B | $1.73B | $1.99B | $1.85B | $1.74B | $1.69B | $1.94B | $1.85B | $1.70B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $276.2M | $284.4M | $351.6M | $355.2M | $351.2M | $364.4M | $365.4M | $368.3M | $390.1M | $414.9M | $428.4M | $435.3M |
| Retained earnings (deficit) | $1.80B | $1.76B | $1.72B | $1.68B | $1.63B | $1.59B | $1.55B | $1.51B | $1.47B | $1.43B | $1.38B | $1.34B |
| Accumulated other comprehensive income | −$81.6M | −$72.8M | −$65.3M | −$87.0M | −$87.9M | −$86.2M | −$121.8M | −$100.5M | −$104.9M | −$107.7M | −$102.9M | −$115.9M |
| Minority interest | $6.9M | $6.3M | $5.5M | $5.6M | $6.7M | — | — | — | — | — | — | — |
| Total shareholders' equity | $1.99B | $1.97B | $2.00B | $1.94B | $1.89B | $1.87B | $1.79B | $1.78B | $1.75B | $1.73B | $1.70B | $1.66B |
| Key figures | ||||||||||||
| Total debt | $593.1M | $591.6M | $560.4M | $549.7M | $560.7M | $568.1M | $565.2M | $578.3M | $570.3M | $580.3M | $584.8M | $543.8M |
| Net cash (debt) | $223.2M | $542.8M | $416.3M | $236.7M | $147.3M | $475.3M | $240.2M | $142.7M | $91.2M | $403.5M | $197.7M | $103.1M |
| Working capital | $947.8M | $924.0M | $898.9M | $857.0M | $816.5M | $794.5M | $739.6M | $764.7M | $757.5M | $739.6M | $702.1M | $657.4M |
| Tangible book value | $1.01B | $976.1M | $998.4M | $938.0M | $879.4M | $847.4M | $774.8M | $792.6M | $762.8M | $735.8M | $699.1M | $647.2M |
| Book value per share | $38.84 | $37.99 | $38.06 | $36.99 | $36.13 | $35.55 | $34.24 | $33.70 | $33.25 | $33.66 | $33.18 | $32.27 |
| Shares outstanding | 51.3M | 51.9M | 52.6M | 52.6M | 52.4M | 52.5M | 52.4M | 52.8M | 52.7M | 51.5M | 51.3M | 51.3M |
| Current ratio | 2.37 | 1.94 | 2.01 | 2.14 | 2.21 | 1.83 | 1.90 | 2.07 | 2.15 | 1.79 | 1.83 | 1.86 |
| Quick ratio | 2.17 | 1.82 | 1.88 | 1.96 | 2.01 | 1.72 | 1.76 | 1.89 | 1.95 | 1.68 | 1.70 | 1.71 |
| Debt / equity | 0.30 | 0.30 | 0.28 | 0.28 | 0.30 | 0.30 | 0.32 | 0.33 | 0.33 | 0.33 | 0.34 | 0.33 |
| Equity / assets | 52.3% | 48.5% | 50.7% | 52.2% | 52.1% | 48.3% | 49.1% | 50.4% | 50.9% | 47.1% | 47.9% | 49.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed June 26, 2026); data from EODHD.
KFY financial position
At the end of fiscal 2026 (April 30, 2026), Korn Ferry had total assets of $4.1 billion (up 5.3% from a year earlier), total liabilities of $2.1 billion and shareholders' equity of $2.0 billion. It held $1.1 billion in cash and short-term investments against $591.6 million of debt, a net cash position of $542.8 million. Its current ratio was 1.94. In the latest quarter (ended July 31, 2026) total assets were $3.8 billion and equity $2.0 billion.
Related: KFY income statement, KFY cash flow statement, KFY key metrics. See the KFY stock overview for the latest quote and news.
KFY balance sheet FAQ
What are Korn Ferry's total assets?
Korn Ferry reported total assets of $4.1 billion at the end of fiscal 2026 (April 30, 2026), compared with $3.9 billion a year earlier.
How much debt does Korn Ferry have?
Korn Ferry had $591.6 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.30.
How much cash does Korn Ferry have?
Korn Ferry held $1.1 billion in cash and short-term investments at the end of fiscal 2026; with $591.6 million of debt that is net cash of $542.8 million.
What is Korn Ferry's book value?
Korn Ferry's shareholders' equity (book value) was $2.0 billion at the end of fiscal 2026, or $37.56 per share.
What is Korn Ferry's current ratio?
Korn Ferry had current assets of $1.9 billion and current liabilities of $982.0 million, a current ratio of 1.94 (it can cover its short-term obligations).
How much goodwill does Korn Ferry have?
Korn Ferry carried $996.5 million of goodwill and intangible assets, 24.5% of total assets, at the end of fiscal 2026.