Staples Company Net Worth (Updated 2025).

Staples, Inc., a prominent name in the office supply industry, was founded in 1985 by Thomas G. Stemberg. The idea for the company was born out of Stemberg’s frustration with running his software company and his inability to find a reliable office supply store that was open on weekends. This personal experience led him to identify a gap in the market and thus, Staples was launched with its first store in Brighton, Massachusetts.

The company’s growth trajectory was rapid and impressive. By the end of its first year, Staples had opened five more stores, and within a decade, it had become a national retailer with over 1,000 stores across the United States. This expansion was fueled by a unique business model that combined convenience, low prices, and a wide product range, appealing to both individual consumers and businesses.

Staples Company’s Current Net Worth (2025)

As of 2025, Staples, Inc. has an estimated net worth of $14.5 billion. This figure is based on the company’s market capitalization and takes into account its outstanding shares and stock price.

Career

Staples was founded in 1986 by Thomas G. Stemberg and Leo Kahn. The company started as an office supply store and has since grown into a global retailer, offering a wide range of office products, services, and technology solutions. Today, Staples operates in 27 countries and has over 2,000 stores worldwide.

Other Ventures

In addition to its retail operations, Staples has expanded into various other ventures. These include Staples Connect, a platform that provides small businesses with a range of services, and Staples Promo, a promotional products business. The company also offers business services such as print and marketing services, and technology services.

Assets

Staples’ assets include its extensive retail store network, e-commerce platform, and intellectual property. The company also holds significant real estate assets, with many of its stores owned rather than leased. As of 2021, Staples’ total assets were valued at approximately $11.5 billion.

Annual Income

Staples’ annual revenue has seen fluctuations over the years, with the company reporting $18.2 billion in revenue for the fiscal year 2020. This was a decrease from the previous year, which can be attributed to the impact of the COVID-19 pandemic on retail sales. However, the company has shown resilience and has since seen a rebound in sales.

Frequently Asked Questions about  Staples Company

**Frequently Asked Questions: Staples Company Net Worth**

1. What is the net worth of Staples Company?

Staples Company’s net worth is estimated to be around $10 billion.

2. How many countries does Staples operate in?

Staples has operations in 26 countries worldwide.

3. What is the total number of employees at Staples?

As of 2021, Staples has approximately 80,000 employees globally.

4. When was Staples founded?

Staples was founded in 1986 by Thomas G. Stemberg and Leo Kahn.

5. What are the main products and services offered by Staples?

Staples offers a wide range of office supplies, technology products, furniture, and services. They also provide delivery services and in-store printing and marketing services.

6. How many stores does Staples have?

As of 2021, Staples operates over 1,300 stores globally.

7. What is the revenue of Staples Company?

Staples’ annual revenue is around $30 billion.

8. Who is the current CEO of Staples?

Sandy Douglas is the current CEO of Staples, having taken over the role in 2017.

9. Is Staples a public or private company?

Staples is a public company. It was taken private in 2017 by Sygma Network, but it later re-emerged as a public company in 2020.

10. What is the stock symbol for Staples Company?

The stock symbol for Staples is ‘SPLS’.