- Strong financial performance against challenging economic backdrop underlining the resilience of our multi-disciplinary global organization
- Reported aggregated revenues of US$35 billion
- Revenue growth across all functions: Advisory up 19%, Tax & Legal Services up 10%, and Audit up 8%
- Steady growth across all regions with the Americas reporting 16% growth
- More than 29,000 new roles created across the global organization in FY22
- New leadership team appointments lead to gender parity for the Global Management Team
London, 13 December 2022: KPMG International announces strong annual aggregated revenues for KPMG firms globally of US$35 billion for the fiscal year ending 30 September 2022 (FY22) — an increase of 14%.*
During continued economic and geopolitical uncertainty, robust numbers and consistent growth were achieved across all functions. Advisory achieved the largest growth increase — up 19% on FY21 across KPMG firms globally. Growth was driven by the success of Transaction and Deal Advisory services, as well as continued demand for innovative technologies and advanced cyber security solutions. Tax & Legal Services experienced 10% growth while Audit grew 8%, benefiting from a combination of the investments made in technology and our KPMG firms’ globally connected local knowledge.
FY22 has been a strong year. KPMG firms’ financial performance validates an unwavering commitment to deliver services of the highest quality, through a multi-disciplinary approach that helps us to provide solutions to clients’ most difficult challenges and the stability and resilience to invest, even in hard times.
But the true measure of our success is what we’ve been able to accomplish for those that rely on us most. Clients and wider society continue to face complex problems that require KPMG professionals to work across borders and disciplines and to collaborate more closely than ever. Few organizations have the expertise and global reach that KPMG has, and we’re at our best when we work together to inspire confidence and empower change.
Bill Thomas
Global Chairman & CEO
KPMG International
Talent
The KPMG global organization’s worldwide headcount continues to grow, increasing by 12.4% in FY22, bolstered by more than 29,000 net new roles created. This growth has led to the addition of specialists and subject-matter experts at all levels, helping to enable high-quality and multi-disciplinary services designed to solve the complex problems of modern organizations around the world.
KPMG’s commitment to inclusion, diversity and equity (IDE) remains; women represent 48.5% of all KPMG professionals and we have achieved gender parity on the Global Management Team.
Bill Thomas commented:
This year’s growth will help us to continue to invest in our people — which remains critical in a competitive marketplace for talent. Ensuring KPMG professionals are working on diverse projects that are making a positive difference and providing them with a flexible career path in an inclusive and caring environment are priorities for us. Keeping people motivated and happy is fundamental to success, and that’s why we’re so focused on the continued development of our culture that puts our purpose and Values at the heart of everything we do.
Bill Thomas
Global Chairman & CEO
KPMG International
