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International Journal of Science, Strategic Management and Technology

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AN EMPIRICAL FINANCIAL PERFORMANCE EVALUATION OF PWC (2020–2025): A DUPONT, RISK–RETURN, AND EFFICIENCY-BASED ANALYSIS

AUTHORS:
Nomula Renuka Sruthi
Mentor
Medicharla Prasad Rao
Affiliation
Department of  MBA,CMR Institute of Technology, Hyderabad, Telangana, India
CC BY 4.0 License:
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
This study evaluates the financial performance of PricewaterhouseCoopers (PwC) during the period 2020–2025 using an integrated framework comprising DuPont analysis, risk-return assessment, and efficiency analysis. The research addresses the need for a comprehensive evaluation of professional service firms, where conventional financial indicators may not adequately capture operational effectiveness and value creation. The primary objectives of the study are to examine PwC's profitability drivers, assess its risk-return relationship, and evaluate operational efficiency over the study period.

The study adopts a quantitative research design based on secondary data collected from PwC's publicly available financial reports and industry publications. Analytical tools including DuPont decomposition, return and risk measures, and efficiency ratios are employed to assess financial performance systematically.

The findings indicate that PwC maintained strong profitability and stable operational efficiency despite fluctuations in the global business environment. The analysis further reveals that the firm's strategic cost management, effective utilization of resources, and balanced financial structure contributed significantly to its sustained performance.The study concludes that integrating profitability, risk, and efficiency measures offers a holistic approach to evaluating the financial health of professional service organizations.
Keywords
Financial Performance; PwC; DuPont Analysis; Risk-Return Analysis; Efficiency Analysis; Professional Service Firms
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Sruthi, N. R. (2026). An Empirical Financial Performance Evaluation of PwC (2020–2025): A DuPont, Risk–Return, and Efficiency-Based Analysis. International Journal of Science, Strategic Management and Technology, 02(6). https://doi.org/10.55041/ijsmt.v2i6.186

Sruthi, Nomula. "An Empirical Financial Performance Evaluation of PwC (2020–2025): A DuPont, Risk–Return, and Efficiency-Based Analysis." International Journal of Science, Strategic Management and Technology, vol. 02, no. 6, 2026, pp. . doi:https://doi.org/10.55041/ijsmt.v2i6.186.

Sruthi, Nomula. "An Empirical Financial Performance Evaluation of PwC (2020–2025): A DuPont, Risk–Return, and Efficiency-Based Analysis." International Journal of Science, Strategic Management and Technology 02, no. 6 (2026). https://doi.org/https://doi.org/10.55041/ijsmt.v2i6.186.

References

  1. PwC UK annual reports 2025. PwC UK.

  2. PwC UK Transparency report 2025. PwC UK.

  3. PwC UK transparency reports 2024.

  4. Fundamentals of Financial management. (16th ed) Brigham., & Houston. (2022). Cengage Learning.

  5. Financial management. Pandey, I.M (2021). Financial management (12th edition). Vikas publishing House.

  6. Financial management Theory and practice (16th ed) Brigham.&Ehrhardt.(2021) Cengage Learning.

  7. Principles of corporate finance. Brealy, R.A., S.C.,& Allen,F.(2020). McGraw-Hill Education.

  8. Fundamentals of Financial management. Higgins.(2019). McGraw-Hill Education.

  9. Research Methodology Methods and Techniques.(4th ed) Kothari, C.R Garg, G. (2019).New Age International Publishers.

  10. Financial Statement Analysis and Security Valuation (5th ed). Penman, S. H. (2013). McGraw-Hill Education.


 
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✓ All ethical standards met
This article has undergone plagiarism screening and double-blind peer review. Editorial policies have been followed. Authors retain copyright under CC BY-NC 4.0 license. The research complies with ethical standards and institutional guidelines.
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