The Total Pretax Income of these 23 US Big Corps in Miscellaneous Services Sectors was $10.8 bil in 2011, up only 3% from 2010, with the troubled For-Profit Education Sector negatively weighing on this modest earnings growth.
However, the Total Pretax Income in 2011 of these 23 US Big Corps increased a much more robust 37% over 2009.
In deriving Pretax Income, I start with Pretax Income under Generally Accepted Accounting Principles (GAAP), and then exclude several clearly unusual very large items relative to Pretax Income, such as Asset Impairment Charges and Gains/Losses on Debt Retirements.
Below here is the Pretax Income (PTI) and Pretax Loss of these 23 US Big Corps in Miscellaneous Services Sectors for each of the most recent three years.
| Obama | |||||
| Bump | |||||
| PTI | PTI | ||||
| 1 Year | 2 Year | ||||
| PTI(L) | PTI(L) | PTI(L) | % | % | |
| 2011 | 2010 | 2009 | Change | Change | |
| mils $s | mils $s | mils $s | |||
| Miscellaneous Services | |||||
| Environmental Services | |||||
| Waste Management | 1,520 | 1,631 | 1,473 | -7% | 3% |
| Republic Services | 1,117 | 1,038 | 865 | 8% | 29% |
| Stericycle | 372 | 332 | 278 | 12% | 34% |
| Waste Connections | 273 | 225 | 175 | 21% | 56% |
| Education and Training | |||||
| Apollo Group | 1,174 | 1,364 | 1,148 | -14% | 2% |
| ITT Educational | 508 | 614 | 491 | -17% | 3% |
| DeVry | 494 | 413 | 237 | 20% | 108% |
| EducationManagement | 369 | 297 | 166 | 24% | 122% |
| Washington Post | 284 | 590 | 245 | -52% | 16% |
| Bridgepoint Education | 277 | 218 | 82 | 27% | 238% |
| Career Education | 234 | 313 | 226 | -25% | 4% |
| Strayer Education | 176 | 217 | 174 | -19% | 1% |
| Corinthian Colleges | 117 | 241 | 117 | -51% | 0% |
| Advertising Agencies&Services | |||||
| Omnicom Group | 1,549 | 1,350 | 1,274 | 15% | 22% |
| Interpublic Group | 612 | 451 | 257 | 36% | 138% |
| Management Consulting | |||||
| Towers Watson | 327 | 170 | 222 | 92% | 47% |
| Mantech Intl | 216 | 202 | 179 | 7% | 21% |
| FTI Consulting | 153 | 138 | 222 | 11% | -31% |
| Booz Allen Hamilton | 128 | 49 | (515) | 161% | 125% |
| Business Services | |||||
| Nielsen Holdings | 206 | (6) | (16) | 3533% | 1388% |
| West Corp | 205 | 174 | 148 | 18% | 39% |
| Facility Support Management | |||||
| CorrectionCorpAmer | 259 | 252 | 231 | 3% | 12% |
| Deathcare Services | |||||
| Service Corp | 226 | 219 | 199 | 3% | 14% |
| Total all 23 | 10,796 | 10,492 | 7,878 | 3% | 37% |
