KPMG Financial Performance Index Publications

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Overview

The KPMG Financial Performance Index (KPMG FPI) is a predictive tool designed to provide actionable insights into emerging market trends. You may be a company executive seeking to better understand your sector’s resilience and opportunities, a banker looking to assess risk exposure and structure loans, or a legal advisor guiding clients through financial complexities, the KPMG FPI can equip you with valuable intelligence to navigate the changing business landscape with confidence.

The KPMG FPI score is a metric used to measure a company’s financial health. The analysis is based on a proprietary formula which considers financial information and market data. Our company level analysis feeds directly into sector-level insights, allowing businesses to assess trends, risks, and the changing state of corporate health across sectors

Please visit our KPMG FPI tool here available.

KPMG Financial Performance Index (KPMG FPI)

For investors, financiers, regulators and governments, the KPMG Financial Performance Index seeks to provide insights into the relative strength and health of key markets and sectors.

Since its launch in 2017, the KPMG Financial Performance Index (FPI) has been tracking markets amidst increasing global economic volatility, influenced by the pandemic, inflation, protectionism, interest rate hikes, and advancements in artificial intelligence. Through 2025, the KPMG FPI has reflected intense market shifts driven by escalating trade tensions, major tariffs, and geopolitical strains. The IMF’s cautious optimism on global growth, tempered by warnings on protectionist policies, underscores the fragility of this environment. As a vital tool for evaluating corporate health, the FPI guides investors and leaders through these turbulent times, demanding resilience and strategic foresight.

Brad Johnson

Director, Turnaround and Restructuring, FPI Project Lead

KPMG Australia

Top geopolitical risks 2025

Explore how your organization can navigate the complexities of geopolitics with confidence and turn challenges into opportunities for success.

FPI Publications

Rapid changes and high capital costs make retail a sector prone to distress

REITs have responded by lowering leverage and laddering debt maturities

Supply chain resilience is the key to sustainable automotive market growth

Global real estate market facing uncertainty as macroeconomic crisis creates tension

Rapid rise in interest rates over the past year caused large, unrealized losses at banks.

Rapid loss of value is not isolated.

The hospitality sector going strong, but cruise industry is playing catch-up

World economy driven by bank, energy concerns, but not equally: KPMG FPI

Bottom lines for business in 2024 and beyond.

FPI Member Firm Reports

Insights into Vietnamese corporate resilience

An indicator of corporate health across Indonesia

Volume March - September 2024 Indonesia

An indicator of corporate health for companies across Singapore

Insights into Vietnamese corporate resilience

1H2024 Italia

Volume Q2 2024 UK

An index of corporate financial performance.

Issue Q1 2024

About KPMG Financial Performance Index (FPI)

KPMG Financial Performance Index (FPI) is designed to be one of the clearest indices of corporate financial performance. It draws from the Logit Probability to Financial Default model (developed by John Campbell, Jens Hilscher and Jan Szilagyi), which is based on eight explanatory variables encompassing financial and market variables. The score extracts raw data from S&P Capital IQ database and ranges from 0 - 100. The lower the score, the lower the financial wellness.

For investors, financiers, regulators and governments, the KPMG FPI seeks to provide insights into the relative strength and health of key markets and sectors. With millions of datapoints going back to 2017, these long-term trends can help you spot signs of improvement or impending distress.