Please ensure Javascript is enabled for purposes of website accessibility
September 22, 2023

Not Surprisingly, Grant Thornton Made Billions Across the Globe In 2021

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.

Related article:

0.7% Is How Much Grant Thornton’s Global Revenue Grew In 2020

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

Ernst and Young sign on modern building facade in Italy

EY Narrowly Missed Hitting $50 Billion in Revenue for the First Time

As we all know, EY had a tough year. Mostly due to their own choices, choices that led to the professional services equivalent of a wet fart. Despite the proposed audit and consulting split falling apart and leaving a $500 million dollar hole in the firm’s pocket, they still had “one of the most successful […]

Deloitte office in downtown San Jose, CA

Deloitte Global Smashed Revenue Records Again

Deloitte reported global revenue today and no one will be surprised to hear that it once again broke a record: $64.9 billion for the 2023 fiscal year ended May 31, 2023. That’s a 14.9% increase from Deloitte’s 2022 revenue, not quite as big a jump as the 19.6% increase between 2021 ($50.2 billion) and 2022 […]