No. They are by definition useless.

When I start at a company, I ask if there's a swag opt-out, and if they don't offer one I lobby for it. When I get swag I didn't request or want, I refuse the package or ship it back.

I'm happy to accept shirts or hats when I'm in a visibly customer-facing role or for an event, but the rest of the swag is pure and instant waste, and it makes me like the company less. I get why much of it is done the way it's done (minimum order sizes, quantity discounts, contract reqs, as comp bonuses thrown in with customer/event swag orders) but I don't want that shit in my house.