Big 4 Audit Firm EY Reports $51.2 Billion Revenue for FY2024, Revenue Increased +3.9% from $49.3 Billion in FY2023, Revenue of EY Tax Business +6.3%, Assurance +6.3%, Strategy & Transactions +2.3% and Consulting +0.1%
21st October 2024 | Hong Kong
Big 4 audit firm EY has reported $51.2 billion revenue for FY2024, with revenue increasing +3.9% from $49.3 billion in FY2023. Revenue of EY Tax business increased +6.3%, Assurance +6.3%, Strategy & Transactions +2.3% and Consulting +0.1%. EY (18/10/24): “The global EY organization (EY) today announces combined global revenues of US$51.2b for the financial year ending June 2024 (FY24), an increase of 3.9% in local currency. All EY Service Lines reported revenue growth. Tax achieved a growth of 6.3% in local currency (6.7% in USD). Assurance also showed a 6.3% increase in local currency (5.8% in USD), while Strategy and Transactions (SaT) recorded a 2.3% rise (2.8% in USD). Consulting experienced a 0.1% increase in local currency (unchanged in USD). Today also sees the release of Value Realized, the integrated EY annual report on financial and non-financial performance, including environmental, social and governance (ESG) initiatives and disclosures, as well as strategic collaborations aimed at generating long-term value for EY clients, people and society.”
“ Big 4 Audit Firm EY Reports $51.2 Billion Revenue for FY2024, Revenue Increased +3.9% from $49.3 Billion in FY2023, Revenue of EY Tax Business +6.3%, Assurance +6.3%, Strategy & Transactions +2.3% and Consulting +0.1% “
Janet Truncale, EY Global Chair and CEO: “Over the past year, EY teams have demonstrated extraordinary resilience in a challenging economic climate with growth across all Service Lines. This resilience is driven by sustained investment in EY capabilities through a broad spectrum of services, such as leading AI and tech. We are also creating new value for EY people, with an unwavering commitment to continuous learning and diversity, equity and inclusion to prepare our workforce for the future. That is why EY has launched a new strategy called ‘All in,’ which demonstrates that together with EY people, clients and communities we can help shape the future with confidence.”
EY – EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
Big 4 Audit Firm EY Reports $51.2 Billion Revenue for FY2024, Revenue Increased +3.9% from $49.3 Billion in FY2023, Revenue of EY Tax Business +6.3%, Assurance +6.3%, Strategy & Transactions +2.3% and Consulting +0.1%
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