Deloitte Touche Tohmatsu reported an outstanding financial performance in 2007, reinforcing its position as one of the world’s leading professional services organizations. According to the Deloitte Touche Tohmatsu Worldwide Member Firms 2007 Review, titled “Milestones on the Journey” and released in Cape Town, South Africa, aggregate revenues across member firms reached US$23.1 billion. This represented a 15.5 percent increase in U.S. dollars and 12.6 percent growth in local currencies, marking Deloitte’s fifth consecutive year of double-digit revenue growth from ongoing operations.

This consistent financial momentum highlights Deloitte’s ability to adapt to evolving global market conditions while continuing to deliver high-value services to clients across industries.

Leadership Perspective on Growth and Strategy

James H. Quigley, Global Chief Executive Officer of Deloitte at the time, expressed strong satisfaction with the firm’s 2007 results. He emphasized that the performance reflected Deloitte’s long-standing commitment to service excellence and client-focused solutions.

“The results validate Deloitte’s strategy to offer the breadth of services and deep competencies needed to assist our clients with increasingly complex challenges,” Quigley stated. He further noted that Deloitte’s integrated capabilities—spanning audit, tax, consulting, and financial advisory services—provided a competitive advantage unmatched by many rivals in the professional services sector.

Strong Performance Across Service Lines

Deloitte’s revenue growth in 2007 was broad-based, with all major service lines posting impressive gains:

• Financial Advisory Services grew by 25.2 percent, reaching US$1.89 billion, reflecting increased demand for risk management, restructuring, and transaction advisory services.
• Consulting Services increased by 16.5 percent to US$5.19 billion, driven by clients seeking strategic transformation, operational efficiency, and technology-enabled solutions.
• Tax Services also recorded a 16.5 percent increase, totaling US$4.98 billion, as multinational organizations required more sophisticated tax planning and compliance support.
• Audit Services, Deloitte’s largest service line, grew by 13.1 percent to US$11.08 billion, underscoring the firm’s strong reputation in assurance and regulatory compliance.

This diversified growth portfolio helped Deloitte maintain financial stability while reducing reliance on any single revenue stream.

Regional Growth Highlights

Geographically, Deloitte experienced solid growth across major regions:

• The Americas reported revenues of US$11.49 billion, reflecting an 11.9 percent increase, supported by strong economic activity and expanding advisory needs.
• The Europe, Middle East, and Africa (EMEA) region grew by 12.6 percent to US$9.18 billion, benefiting from increased cross-border transactions and regulatory reforms.

These regional results demonstrate Deloitte’s global reach and ability to tailor services to local market demands while maintaining consistent quality standards worldwide.

Investment in People and Future Readiness

Looking ahead, Quigley remained optimistic about Deloitte’s future prospects. He emphasized that the firm had grown stronger and more resilient, positioning itself well to help clients navigate economic uncertainty and complex business environments.

A key pillar of Deloitte’s long-term strategy, according to Quigley, was continued investment in talent recruitment and retention. He identified people as the primary driver of sustainable growth, stressing the importance of attracting top professionals from around the world.

“My goal is for Deloitte to be globally recognized as an employer of choice,” Quigley said, highlighting the firm’s commitment to offering challenging work, continuous learning opportunities, and an inclusive corporate culture. He specifically mentioned recruiting talent from diverse regions, including countries such as China, Germany, Canada, Finland, and New Zealand.

Conclusion

Deloitte’s record financial performance in 2007 reflected more than just strong revenue numbers—it demonstrated strategic clarity, service diversification, global expansion, and a deep commitment to people and innovation. By focusing on client needs, investing in talent, and expanding its service capabilities, Deloitte reinforced its leadership position in the global professional services market.

As Deloitte continued to evolve, its 2007 results served as a clear milestone on its journey toward long-term growth, resilience, and global excellence.