There are 10 S&P 500 companies headquartered in Maryland and Delaware. Deloitte has no audit clients in these two states. PwC Baltimore leads with 4 clients earning a total fee of $83 million. EY and KPMG has 4 and 2 clients respectively.
| Auditor | # of companies audited | Total fees ($ million) | % |
|---|---|---|---|
| PwC | 4 | 83.44 | 60% |
| EY | 4 | 47.30 | 34% |
| KPMG | 2 | 8.56 | 6% |
The detailed listing of clients is as follows. DuPont is the biggest client in the region paying $46.41 million in audit fees. Corteva, a company recently separated from DuPont is number 3 on the list paying PwC $19.80 million in audit fees. Lockheed and Marriott are two biggest clients in Baltimore.
| Company | Headquarters Location | Auditor | Total |
|---|---|---|---|
| DuPont de Nemours Inc | Wilmington, Delaware | PwC | 46.41 |
| Lockheed Martin Corp. | Bethesda, Maryland | EY | 25.27 |
| Corteva | Wilmington, Delaware | PwC | 19.80 |
| Marriott Int'l. | Bethesda, Maryland | EY | 13.34 |
| Discovery, Inc. (Class A) | Silver Spring, Maryland | PwC | 13.16 |
| McCormick & Co. | Hunt Valley, Maryland | EY | 6.40 |
| T. Rowe Price Group | Baltimore, Maryland | KPMG | 5.38 |
| Under Armour (Class A) | Baltimore, Maryland | PwC | 4.07 |
| Host Hotels & Resorts | Bethesda, Maryland | KPMG | 3.18 |
| Incyte | Wilmington, Delaware | EY | 2.29 |
| Federal Realty Investment Trust | Rockville, Maryland | GT | 1.41 |
Look into our other blog posts for a listing of big 4 accounting firms and their respective S&P 500 audit clients. Subscribe to our posts for up to date information on Big4 firms and if there is some data point that you would like us to analyze, just drop in a comment.
