Office Depot

Office Depot, Inc. is a leading global provider of products, services, and solutions for every workplace – whether your workplace is an office, home, school or car.
Office Depot, Inc. is a resource and a catalyst to help customers work better. We are a single source for everything customers need to be more productive, including the latest technology, core office supplies, print and document services, business services, facilities products, furniture, and school essentials.
The Company has annual sales of approximately $14 billion, employs approximately 49,000 associates, and serves consumers and businesses in 59 countries with approximately 1,800 retail stores, award-winning e-commerce sites and a dedicated business-to-business sales organization – all delivered through a global network of wholly owned operations, franchisees, licensees and alliance partners. The Company operates under several banner brands including Office Depot, OfficeMax, Grand & Toy, and Viking. The company’s portfolio of exclusive product brands include TUL, Foray, Brenton Studio, Ativa, WorkPro, Realspace and HighMark.
Office Depot, Inc.’s charitable arm, The Office Depot Foundation, supports programs that enhance quality of life for children, strengthen communities, encourage local and international economic growth, and empower schools and non-profit organizations. Office Depot and OfficeMax also provides resources and support to small businesses through its Business Solutions Center. The center provides informative tips, advice, articles, videos and more designed to help businesses achieve their goals.

Company Growth (employees)
Boca Raton, US
Size (employees)
38,000 (est)-22%
Office Depot was founded in 1986 and is headquartered in Boca Raton, US

Key People at Office Depot

Roland Smith

Roland Smith

Chairman and Chief Executive Officer
Michael Allison

Michael Allison

Executive Vice President and Chief People Officer
Steve Calkins

Steve Calkins

Executive Vice President and Chief Legal Officer
Stephen Hare

Stephen Hare

Executive Vice President and Chief Financial Officer

Office Depot Office Locations

Office Depot has offices in Boca Raton, Nashville, Franklin, Austin and in 2 other locations
Boca Raton, US (HQ)
6600 N Military Trl

Office Depot Data and Metrics

Office Depot Financial Metrics

Office Depot's revenue was reported to be $11 b in FY, 2016 which is a 24% decrease from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

11 b

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

529 m

EBIT (FY, 2016)

531 m

Market capitalization (26-May-2017)

2.6 b

Closing share price (26-May-2017)


Cash (31-Dec-2016)

763 m


1.8 b
Office Depot's current market capitalization is $2.6 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016


11.2 b12.7 b14.5 b11 b

Revenue growth, %



(205 m)(275 m)183 m531 m

EBIT margin, %


Interest income

5 m24 m24 m22 m

Pre tax profit

127 m(291 m)47 m459 m

Net Income

(20 m)(352 m)8 m529 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016


955 m1.1 b1.1 b763 m


1.8 b1.6 b1.7 b1.3 b

Current Assets

4.4 b4.2 b4.1 b3 b


1.3 b963 m785 m601 m


398 m391 m378 m363 m

Total Assets

7.5 b6.8 b6.4 b5.5 b

Accounts Payable

1.4 b1.3 b1.3 b893 m

Total Debt

Current Liabilities

2.9 b2.9 b2.7 b2 b

Additional Paid-in Capital

2.5 b2.6 b2.6 b2.6 b

Retained Earnings

(636 m)(990 m)(982 m)(453 m)

Total Equity

2.1 b1.6 b1.6 b1.9 b

Financial Leverage

3.6 x4.2 x4 x3 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(20 m)(352 m)8 m529 m


(139 m)

Cash From Operating Activities

(107 m)156 m126 m

Capital Expenditures

(137 m)(123 m)(163 m)(111 m)

Cash From Investing Activities

1 b(28 m)(74 m)

Cash From Financing Activities

(640 m)15 m(25 m)

Free Cash Flow

30 m279 m289 m
Numbers are in $, USDY, 2016


3.5 x


224.9 k

Financial Leverage

3 x

Office Depot Market Value History

Office Depot Median Salaries

Source: 82 public H-1B filings from Office Depot

Office Depot Online and Social Media Presence

Office Depot Company Life and Culture

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