In 2023, KPMG generated a record global revenue. Their audit service line alone created a turnover of 12.6 billion U.S. dollars.
KPMG worldwide
KPMG is a multinational professional services network with headquarters in the Netherlands and the United Kingdom. In 2023, they employed almost 273,500 staff, with the majority located in Europe, the Middle East, Africa and India (EMA). The EMA region also generated the highest share of revenue worldwide for KPMG. Moreover, their presence in the Americas lags behind that of the other Big Four accounting firms, with the gap being lower in other regions. In terms of both revenue and employment, KPMG is the smallest of the Big Four.
KPMG services
Multinational accountancy and consultancy network KPMG is broadly divided into three main services: audit, advisory and tax. Audit is perhaps the area KPMG (and the other large accountancy firms) are most famous for, consisting of financial statement audits, as well as other forms of company audits, business reporting/analytics and risk assessment. In both the Americas and the Asia Pacific region, this is KPMG’s largest function. The advisory segment includes consulting services, especially management and risk consulting, business strategy and advice on investments. Finally, the tax segment focuses on taxation and legal advice.
Revenue of KPMG worldwide from 2010 to 2023, by function
(in billion U.S. dollars)
KPMG refers to KPMG International (KPMG International Cooperative), a Swiss entity that serves as a coordinating entity for a network of independent member firms operating under the KPMG name, and/or to any one or more of such firms. KPMG International neither provides client services nor generates any revenue.
Values prior to 2022 were taken from previous editions.
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KPMG. (December 12, 2023). Revenue of KPMG worldwide from 2010 to 2023, by function (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/189452/global-revenues-of-kpmg-by-function/
KPMG. "Revenue of KPMG worldwide from 2010 to 2023, by function (in billion U.S. dollars)." Chart. December 12, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/189452/global-revenues-of-kpmg-by-function/
KPMG. (2023). Revenue of KPMG worldwide from 2010 to 2023, by function (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/189452/global-revenues-of-kpmg-by-function/
KPMG. "Revenue of Kpmg Worldwide from 2010 to 2023, by Function (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Dec 2023, https://www.statista.com/statistics/189452/global-revenues-of-kpmg-by-function/
KPMG, Revenue of KPMG worldwide from 2010 to 2023, by function (in billion U.S. dollars) Statista, https://www.statista.com/statistics/189452/global-revenues-of-kpmg-by-function/ (last visited November 21, 2024)
Revenue of KPMG worldwide from 2010 to 2023, by function (in billion U.S. dollars) [Graph], KPMG, December 12, 2023. [Online]. Available: https://www.statista.com/statistics/189452/global-revenues-of-kpmg-by-function/