Combined revenue of EY worldwide by region 2009-2023

Ernst & Young (EY) generated revenue of 49.4 billion U.S. dollars in 2023, almost half of which came from the Americas region. The next largest share of revenue was generated from the geographic area of Europe, the Middle East, India, and Africa (EMEIA).

Rising revenues

The combined worldwide revenue of EY continued to increase year-on-year, assisted by significant growth in the Americas region where revenue has more than doubled since 2010. Revenue streams also continued to rise across all four of the firm’s service lines: assurance, advisory, tax, and transaction advisory services. Interest in the firm’s advisory service line remains high as it helps clients to identify and manage issues in growth areas such as analytics and cybersecurity. The consulting service line reported the biggest year-on-year growth between 2022 and 2023, increasing by 21.6 percent.

Service with a smile

The accountancy profession is part of the tertiary sector of the economy, which focuses solely on providing services to customers. Working under the name of a single brand – such as EY – many independent accounting firms join forces to create a professional services network. EY employed almost 400,000 people worldwide in 2023, each providing specialist knowledge from their own branch of accounting. Around 112,000 of those employees worked in the assurance service line and were primarily tasked with auditing the financial records of clients to a high quality.