Number of PwC employees worldwide by region 2013-2020
PricewaterhouseCoopers (PwC)
PricewaterhouseCoopers (PwC) is a professional services company, which has its headquarters in London, United Kingdom. The company, in its current state, was formed in 1998 when Price Waterhouse merged with Coopers & Lybrand. PwC is one of the so-called “Big Four” audit firms that offer audit, tax, assurance, advisory, consulting, actuarial, legal and corporate finance services. The other companies of the Big Four are Deloitte, Ernst & Young and KPMG. In 2019, PwC was the second biggest of the four in terms of revenue with 42.4 billion U.S. dollars. Deloitte topped the list, with revenue amounting to 46.2 billion U.S. dollars in 2019, Ernst&Young had 36.4 billion U.S. dollars, while KPMG had 29.75 billion U.S. dollars.
As of October 2019, PricewaterhouseCoopers operates offices and firms in 157 countries and employs more than 284,000 people. The majority of PwC’s employees work in Western Europe, the Americas, and Asia. Since 2010, the number of employees has seen a year-on-year increase.
PwC’s revenue has also seen growth over the past few years, from 22.1 billion U.S. dollars in the 2006 fiscal year to 43 billion U.S. dollars in the 2020 fiscal year. The Americas generate the most revenue - 18.3 billion U.S. dollars in 2020, followed by Western Europe - 14 billion U.S. dollars, with the rest of the world grossing around 10.8 billion U.S. dollars in revenue. PwC generates almost 41 percent of its revenue through the assurance services segment - 17.6 billion U.S. dollars in 2020. Advisory and tax services made almost similar revenues in 2020, with 14.7 billion U.S. dollars and 10.7 billion U.S. dollars, respectively.