Today, we are looking at Deloitte stock and answering the question, is it publicly traded?
Read on to learn more about Deloitte.
Contents
- Introduction
- Why Has Deloitte Remained Privately Held?
- Deloitte Revenues
- How To Invest In Deloitte
- Similar Investment Opportunities
- Stock Price for Deloitte in 2023?
- FAQ
- Final Summary | Deloitte Stock
Introduction
Deloitte was founded in 1845 in the city of London in the United Kingdom.
The company provides international professional services and has more than 300,000 employees in 2022.
We are going to uncover some of the reasons that investors cannot directly invest in Deloitte, considering that there is no stock symbol of Deloitte on any of the major stock exchanges.
Deloitte is well known for providing auditing, tax preparation, and other financial services to millions of clients every year.
It’s always challenging for investors to come to the realization that they cannot invest in a large company like Deloitte because it is not listed on the stock exchange.
There are a few reasons Deloitte isn’t a public company, but let’s talk about whether or not Deloitte would ever go public in the future.
There is always a possibility that a company like Deloitte can go public, but there are a few specific reasons that make it less likely for Deloitte.
One of the reasons that it seems unlikely that Deloitte would go public is because of the fact that the company structure for a financial service firm is generally sorted in such a way that makes it very difficult to hold an IPO.
We are going to cover the revenues for Deloitte in recent years and also discuss what the future looks like for this particular company.
It’s also important that traders understand why Deloitte will likely never be a publicly traded company, so we’ll also discuss that topic to help you understand.
Why Has Deloitte Remained Privately Held?
Several regulations are in place that make it virtually impossible for Deloitte to become a public company without a major restructuring of the company.
Certain individuals may require certifications or licenses to own any part of a financial firm, which is why the public stock market traders cannot purchase public shares in Deloitte.
Not only is it legally challenging to find a pathway to bring Deloitte into the public light as a company on the stock market, but it’s also not exactly favorable to their business model.
There’s no real need for Deloitte to raise money through public shares with how much revenue they have generated in recent years.
This means that investors should not expect Deloitte to become publicly listed on any stock exchange in the future.
There may be some other types of companies that are investable.
Still, Deloitte is specifically in a situation where it is incredibly unlikely that it will ever be listed on a stock exchange for traders to invest.
Deloitte Revenues
Deloitte reached more than $50 billion in revenue in 2021 for the first time.
In just ten years, the company’s grown its revenue from approximately $29 billion to nearly double that amount.
Very few companies share in the consistency that Deloitte has developed over the years with its gross revenues.
If the trajectory of the company continues down its current path, things could get even better in the next few years for Deloitte.
The company has shown steady growth of between $1 billion and $5 billion per year, dating back to 2017.
The incredible consistent growth is likely one of the reasons that so many investors would love to have the opportunity to invest in Deloitte on the stock market.
With that reality not being possible for investors, there may still be some excellent alternatives that investors could consider for their portfolios.
The world economy is always changing, but the steady growth in revenue over the past ten years is stellar for a company like Deloitte.
The better news is that there’s no sign of that consistency changing in the future.
Even during times when the economic situation is not ideal for many other types of companies, Deloitte seems well positioned to handle the future.
How To Invest In Deloitte
There’s no direct or indirect way to invest in Deloitte in 2022.
Investors should not expect that to change at any point in the future due to the legal regulations preventing that.
Some traders may be interested in similar investments from companies legally listed on the stock exchange.
There aren’t many ideal alternatives in terms of finding consulting groups and companies that provide financial services, but we will provide you with a few options to consider strongly.
- Deloitte cannot become a publicly traded company due to legal regulations.
- The Deloitte company was founded more than 170 years ago in 1845 in the city of London.
- For the last decade, Deloitte has had steady revenue growth and recently reached the $50 billion milestone.
While it may be demoralizing to some investors to not be able to invest in the Deloitte company, there are a few similar investment opportunities worth noting and considering.
Let’s take a look at a couple of these options and see how they compare to Deloitte.
Similar Investment Opportunities
Using a stock screener service is one way to find similar investment opportunities with various filters and features, but here are a couple of ideal alternative investments currently available for traders to invest in.
Huron Consulting
Huron Consulting (HURN) is probably one of the best alternatives that traders may be interested in.
The company was founded in March of 2002 by Gary Holdren.
The company is well-known for offering services to the Healthcare and Commercial industries.
In 2022, the company reportedly employed more than 4,000 people and is headquartered in two separate cities.
The two headquartered locations include Chicago and Boston.
Huron’s stock is listed on the NASDAQ and currently trades at approximately 63 dollars per share in July of 2022.
While it may not directly compare to the types of services that Deloitte offers to the public, it is fairly similar and could provide a great return in the long run.
Bowman Consulting Group
Bowman Consulting Group (BWMN) has a stock price of 11 dollars per share in July of 2022.
The company was founded in Virginia in 1995 and is nearing 1,000 employees.
While there may be more appealing investments available, some investors may want to look at this opportunity to invest because Bowman Consulting Group provides professional services to the energy sector and real estate sectors.
It may be challenging to figure out which alternative investment is right for you.
While it’s frustrating not to be able to invest directly in Deloitte, there are always great alternatives available that can be found through research of the industry’s best stock screeners in 2022.
It is highly recommended that you take a good look at some of the alternative public companies that provide professional services to various sectors.
Stock Price for Deloitte in 2023?
Does Deloitte have a stock price?
You won’t be able to find the Deloitte stock price on a stock exchange because the company doesn’t have a public trading symbol.
The primary reason that Deloitte is a privately held company is that there are legal regulations that prevent it from going public.
It’s also not in the company’s best interests to go public right now.
Since the company hasn’t gone public, there’s no stock price for Deloitte in 2023.
Alternative brands like Bowman Consulting Group and Huron Consulting have publicly traded stocks on the market.
Huron Consulting is currently trading at $80 per share in May 2023, while Bowman Consulting is trading at just over $27.00 per share.
Using various stock screeners, you can easily filter out companies that don’t fit your desired criteria.
You can also input a variety of desired metrics to help eliminate unwanted stocks and find the companies that are right for your portfolio.
FAQ
Is Deloitte a publicly traded company?
No, Deloitte is not a publicly traded company. It is a private professional services firm and does not have publicly traded stock.
Can I buy shares of Deloitte stock?
No, it is not possible for individual investors to buy shares of Deloitte stock since it is not publicly traded. Deloitte operates as a private partnership, and ownership of the company is limited to its partners.
Why is Deloitte not publicly traded?
Deloitte, like other major accounting and professional services firms, follows a partnership model rather than a public ownership structure. This allows the firm to maintain control over its operations, decision-making, and client relationships.
Are there any alternatives to investing in Deloitte stock?
While you cannot invest directly in Deloitte stock, there are other options for investing in the professional services industry. Many publicly traded companies provide similar services, such as PricewaterhouseCoopers (PwC), Ernst & Young (EY), and KPMG. Investing in these companies can provide exposure to the industry.
Can I invest in Deloitte indirectly?
Indirectly investing in Deloitte can be challenging since it is a private company. However, some investment funds or private equity firms may hold stakes in Deloitte or invest in companies associated with its operations. These types of investments may offer exposure to Deloitte’s performance indirectly.
How can I stay informed about Deloitte’s activities?
Although Deloitte is not publicly traded, the company often releases reports, studies, and insights on various business topics. You can visit Deloitte’s official website to access thought leadership articles, research papers, and industry insights provided by the firm.
Is Deloitte’s financial information publicly available?
No, as a private company, Deloitte is not required to disclose its financial information to the public. Unlike publicly traded companies that file regular reports with regulatory bodies, private firms like Deloitte maintain greater confidentiality over their financial data.
Final Summary | Deloitte Stock
The stock market has faced a lot of struggles in 2022, which means there could be some valuable investments out there waiting to be found by traders.
While Deloitte is not listed on the stock market at this time, it’s possible that other plausible investments may be even more profitable in the long run for you.
Despite not being a publicly traded company on the stock market, the future for Deloitte is likely very bright, with steadily growing sales every single year.
The company recently reached $50 billion in annual gross revenue and may skyrocket even higher by the end of the 2022 calendar year.
Even though there will likely never be an opportunity for investors to buy shares from within the Deloitte company, some investment alternatives can also produce great financial returns in the future.
Trade safe!
Disclaimer: The information above is for educational purposes only and should not be treated as investment advice. The strategy presented would not be suitable for investors who are not familiar with exchange traded options. Any readers interested in this strategy should do their own research and seek advice from a licensed financial adviser.
