Raphael Bohne
Research expert covering professional services
KPMG - statistics & facts
KPMG is a multinational accounting and auditing firm, providing three main business services - audit, advisory and tax services. The name KPMG represents the four principle founding members of the company and their respective member firms - Piet Klynveld, William Barclay Peat, James Marwick, and Reinhard Goerdeler. The present day company KPMG was fully established in 1987 with the merging of Peat Marwik International and KMG (Klynveld Main Goerdeler). Currently functioning with two headquarters in Amstelveen, the Netherlands, and London, in the United Kingdom, KPMG now operates in 155 countries and the number of employees has topped 273,000 across the world.
The Big Four
KPMG is one of the four largest audit and accounting firms in the world along with Deloitte, EY, and PwC. These firms are known collectively as the Big Four and reported a combined revenue worldwide of almost 204 billion U.S. dollars in 2023. In terms of revenue, KPMG was the smallest of these firms in that year, generating around 28 billion U.S. dollars less than the largest, Deloitte.Increasing global turnover
The revenue of KPMG grew overall throughout the past decade, reaching approximately 36 billion U.S. dollars in 2023. The company has consistently generated its highest regional revenues in the EMEA (Europe, Middle East and Africa) region. KPMG also has operations in the Americas and Asia-Pacific. These two regions combined account for well over half of the total annual revenue generated by the company. As with revenue, the EMEA region also tops the list for the most employees hired by the firm. In 2023, over half of the total number of KPMG employees worked in the EMEA region, followed by the Americas, then Asia-Pacific. Overall, KPMG had the fewest employees of the Big Four firms in the same time period. Deloitte had the largest workforce in that year with almost 457,000 employees, approximately 158,000 more than KPMG.
