Forvis Mazars, the global network of accounting firms that includes Forvis Mazars LLP in the U.S. and Forvis Mazars Group SC internationally, brought in a combined $5.2 billion in revenue during its 2024 financial year that ended on Aug. 31, officials said last month.
Globally, audit and assurance services contributed 40% of Forvis Mazars’ revenue, followed by tax at 24%, advisory 24%, and accounting 12%.
“Since launching Forvis Mazars in June 2024, we have seen a significant increase in international opportunities. Blending scale, capacity, and agility, we are uniquely positioned to serve the needs of our international clients consistently and seamlessly all over the world,” Hervé Hélias, chairman of the Forvis Mazars Global Network Board, said in a statement on Feb. 13. “As Forvis Mazars forges ahead, with our strategic positioning and unwavering commitment to excellence, we are ready to empower our clients and ourselves to achieve lasting success in a dynamic and complex global landscape.”
Matt Snow, vice chairman of the Forvis Mazars Global Network Board, added, “I am incredibly proud of what we’ve achieved and the sustained growth we’ve maintained, even as we navigated the complexities of creating Forvis Mazars. Today, we are stronger than ever. Our aligned leadership, agility, and commitment to providing an unmatched client experience within both our firms allows us to better support our clients. With offices spanning the globe, we’re equipped to help clients expand wherever their ambitions take them. Additionally, we’ve created more opportunities for our people to grow and experience diverse cultures, which has been key to attracting and retaining top talent.”
Here’s how Forvis Mazars stacks up against the other largest global accounting firm networks in terms of revenue in 2024:
- Deloitte: $67.2 billion
- PwC: $55.4 billion
- EY: $51.2 billion
- KPMG: $38.4 billion
- BDO: $15 billion
- RSM: $10 billion
- Grant Thornton: $8 billion
- Crowe: $5.8 billion
- Baker Tilly: $5.6 billion
- Forvis Mazars: $5.2 billion
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