IKEA (Inter IKEA Group) (Private: IKEA)
Home Improvement Retail · Delft, Netherlands · Founded 1943
- Market capitalization: $None billion
- Annual revenue: $48.0 billion
- Net income: $2.0 billion
- Employees: 231,000
- Sector: Consumer Cyclical
- Headquarters: Delft, Netherlands
- Founded: 1943
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IKEA is the world's largest furniture retailer, known for affordable, Scandinavian-designed flat-pack furniture. Owned by a complex foundation structure rather than public shareholders, they operate over 460 stores in 60+ markets. The meatballs alone generate over $2 billion in annual revenue.
Sell affordable furniture and home goods through massive warehouse stores and growing e-commerce. The flat-pack model shifts assembly to the customer, dramatically reducing shipping and storage costs. The food service, Swedish Food Market, and Småland play areas drive foot traffic and extend visit times.
Ingvar Kamprad founded IKEA in 1943 at age 17 in rural Sweden, initially selling pens and wallets. The first furniture store opened in 1958 in Älmhult. Kamprad moved the company's ownership to a Dutch foundation in the 1980s, creating one of the most complex corporate structures in the world. He passed away in 2018.
| Market Capitalization | $NoneB |
| Annual Revenue | $48.0B |
| Net Income | $2.0B |
| Profit Margin | 4% |
| Revenue per Employee | $207792K |
| Stock Exchange | Private |
| Ticker Symbol | IKEA |
Financial data is approximate and based on most recent annual filings.
IKEA's BILLY bookcase has sold over 110 million units — roughly one for every 70 people on earth. The foundation structure means IKEA is technically owned by a charity, making it one of the wealthiest non-profit-adjacent entities in existence.
IKEA democratized good design like nobody else. The ownership structure means they can think in decades, not quarters — a massive advantage over public competitors.
What is IKEA (Inter IKEA Group)'s revenue?
IKEA (Inter IKEA Group) generates approximately $48.0 billion in annual revenue.
How many employees does IKEA (Inter IKEA Group) have?
IKEA (Inter IKEA Group) employs approximately 231,000 people worldwide.
What is IKEA (Inter IKEA Group)'s market cap?
IKEA (Inter IKEA Group) (IKEA) has a market capitalization of approximately $None billion on the Private.
When was IKEA (Inter IKEA Group) founded?
IKEA (Inter IKEA Group) was founded in 1943 and is headquartered in Delft, Netherlands.
Who is the CEO of IKEA (Inter IKEA Group)?
Jon Abrahamsson Ring is the current CEO of IKEA (Inter IKEA Group).
What is IKEA (Inter IKEA Group)'s website?
IKEA (Inter IKEA Group)'s official website is ikea.com.
| CEO | Jon Abrahamsson Ring |
| Sector | Consumer Cyclical |
| Industry | Home Improvement Retail |
| Founded | 1943 |
| HQ | Delft |
| Country | Netherlands |
| Website | ikea.com |
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