IKEA

OverviewSuggest Edit

IKEA is a multinational group of companies that designs and sells ready-to-assemble furniture, appliances, and home accessories. The company offers armchairs, bath suites, bean bags, bed linens, beds and bedroom suites, bookcases, boxes, CD storage, ceiling lamps, children's furniture, clocks, coffee tables, cookware, cord management, desk accessories, dining tables, and chairs. It also provides dinnerware, entertainment units, floor lamps, frames, instruments for children, kitchen organizers, kitchen units, leather sofas, lighting, mattresses, mirrors, office chairs and suites, posters, rugs, sofas, etc.
TypePrivate
Founded1943
HQDelft, NL
Websiteikea.com
Employee Ratings3.8
Overall CultureB

Latest Updates

Employees (est.) (Jul 2022)96,240(+2%)
Job Openings2,496
Revenue (FY, 2018)€25.5 B(+12%)
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at IKEA

Jon Abrahamsson Ring

Jon Abrahamsson Ring

CEO
Martin van Dam

Martin van Dam

CFO
Anders Dahlvig

Anders Dahlvig

Chairman of the Supervisory Board, Inter IKEA Holding
Show more

IKEA Office Locations

IKEA has offices in Delft, Conshohocken, Dalian, Sopron and in 17 other locations
Delft, NL (HQ)
1 Olof Palmestraat
Dalian, CN
Jinzhou District
Kazlų Rūda, LT
Gedimino g. 1
Goleniów, PL
Kazimierza Pułaskiego 19
Goleniów, PL
Wincentego Witosa 31
Lubawa, PL
Borek 3
Show all (23)

IKEA Financials and Metrics

Summary Metrics

Founding Date

1943
Show all financial metrics

IKEA Revenue

Embed Graph
View revenue for all periods
IKEA's revenue was reported to be €25.52 b in FY, 2018 which is a 11.5% increase from the previous period.
EUR

Revenue (FY, 2018)

25.5b

Revenue growth (FY, 2017 - FY, 2018), %

11.5%

Gross profit (FY, 2018)

4.7b

Gross profit margin (FY, 2018), %

18.4%

Net income (FY, 2018)

1.4b

EBIT (FY, 2018)

2.0b

Cash (31-Aug-2018)

230.0m
EURFY, 2016FY, 2017FY, 2018

Revenue

2.2b22.9b25.5b

Revenue growth, %

951%12%

Cost of goods sold

1.3b18.7b20.8b

Gross profit

884.0m4.2b4.7b
EURFY, 2016FY, 2017FY, 2018

Cash

302.0m284.0m230.0m

Accounts Receivable

2.8b2.9b2.8b

Inventories

4.3b4.0b4.6b

Current Assets

8.4b8.7b8.9b
EURFY, 2016FY, 2017FY, 2018

Depreciation and Amortization

147.0m860.0m488.0m

Inventories

(29.0m)(668.0m)(896.0m)

Cash From Operating Activities

314.0m677.0m1.1b

Purchases of PP&E

(13.0m)(280.0m)(332.0m)
EURFY, 2016

Revenue/Employee

65.1k

Debt/Equity

2.3 x

Debt/Assets

0.5 x

Financial Leverage

4.5 x
Show all financial metrics

IKEA Operating Metrics

IKEA's Stores was reported to be 403 in FY, 2017.
Y, 2016FY, 2017

Factories Operated

40

Stores

392403

Visits

936 m

Website Visitors

2.1 b2.3

IKEA Acquisitions / Subsidiaries

Company NameDateDeal Size
Geomagical LabsApril 02, 2020
TaskRabbitSeptember 28, 2017

IKEA Revenue Breakdown

Embed Graph

IKEA revenue breakdown by business segment: 89.3% from Sale of Goods and 10.7% from Other

IKEA revenue breakdown by geographic segment: 35.5% from Rest of the World and 64.5% from Europe

Human Capital Metrics

Source: fortune.com
Embed Graph

IKEA Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

IKEA Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

IKEA Online and Social Media Presence

Embed Graph

IKEA Company Culture

  • Overall Culture

    B

    72/100

  • CEO Rating

    B

    73/100

  • Compensation

    C+

    67/100

  • Diversity

    B

    71/100

Learn more on Comparably

IKEA News and Updates

pinned

Ikea Is Giving All U.S. Employees Paid Parental Leave No Matter How Many Hours They Work

The U.S. division of Ikea, the quirky Swedish furniture retailer, is expanding its paid leave benefits for new parents in an effort to attract and retain talent in a tight labor market.

IKEA, DFS, and B&Q Among Leading Retailers in the UK Furniture and Floorcoverings Market | Globaldata Plc

The more buoyant housing market and cash-rich shoppers will support the UK furniture & floorcoverings market The more buoyant housing market and cash-rich shoppers will support the UK furniture & floorcoverings market

2022 European Market for Kitchen Furniture Report and Company Directory, Featuring 350 Companies Including Alvic, Aster, Aviva Cuisines, DMG, Eggo, Ikea, Scavolini and More

DUBLIN, June 30, 2022 /PRNewswire/ -- The "European Market for Kitchen Furniture" report has been added to ResearchAndMarkets.com's offering. The report analyses the production, consumption, international trade and distribution of kitchen furniture in 30 European countries. The report...

Ikea taps 2C2P for Southeast Asia payments

The Singapore-based payments platform will handle online transactions for customers in Singapore, Malaysia, Thailand, and the Philippines.

All Purpose Transport — Electric Last-Mile Delivery for IKEA, Goodyear, BP, Others

Based on an interview with Paul Kahlert, General Manager of All Purpose Transport All Purpose Transport (APT) is primarily a last-mile delivery provider to blue-chip customers such as Rheem, Solahart, Goodyear, BP, IKEA, Fantastic Furniture, and Bunzl. Founded in 1975, APT’s business model engages c…
Show more

IKEA Frequently Asked Questions

  • When was IKEA founded?

    IKEA was founded in 1943.

  • Who are IKEA key executives?

    IKEA's key executives are Jon Abrahamsson Ring, Martin van Dam and Anders Dahlvig.

  • How many employees does IKEA have?

    IKEA has 96,240 employees.

  • What is IKEA revenue?

    Latest IKEA annual revenue is €25.5 b.

  • What is IKEA revenue per employee?

    Latest IKEA revenue per employee is €265.1 k.

  • Who are IKEA competitors?

    Competitors of IKEA include Groupe SEB, Walmart and Bed Bath & Beyond.

  • Where is IKEA headquarters?

    IKEA headquarters is located at 1 Olof Palmestraat, Delft.

  • Where are IKEA offices?

    IKEA has offices in Delft, Conshohocken, Dalian, Sopron and in 17 other locations.

  • How many offices does IKEA have?

    IKEA has 23 offices.