Grant Thornton didn’t want to be left out of the billionaires club for 2021.
GT joined Deloitte, PwC, EY, KPMG, BDO, and RSM by pulling in at least 10-digit global revenues this past fiscal year. Specifically, Grant Thornton racked up $6.6 billion in 2021, up from $5.8 billion in 2020.
The press release Grant Thornton sent out includes all of five bullet points of highlights from the past year, and then a long-winded, four-paragraph-long statement from Grant Thornton International CEO Peter Bodin. We don’t really care that much what Pete has to say, so here are the bullet points:
- Regionally, EMEA (Europe, Middle East, Africa) saw the biggest revenue growth, up 19.1% to $2.5 billion; followed by Asia Pacific, up 15.8% to $1.2 billion; and the Americas, up 9.7% to $2.9 billion.
- Strong growth across all service lines included assurance, up 16.1% to $2.7 billion; followed by advisory services, up 15.5% to $2.4 billion; and tax, up 8.6% to $1.4 billion.
- Key strategic growth market firms saw growth of 14.9%. These include China, Japan, India, Germany, Italy, Brazil, and Mexico together with Nigeria and a cohort of five ASEAN (Association of Southeast Asian Nations) countries.
- Overall headcount grew from 58,000 to 62,000.
- These results represent year-on-year growth of 10.1% in constant currency terms.
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0.7% Is How Much Grant Thornton’s Global Revenue Grew In 2020