Thursday, April 12, 2012

US Big Corps in Other Sectors 2011 Annual Earnings Up 97% over 2009

In this last Sector post for Annual 2011 Earnings of US Big Corps, I am addressing the remaining Sectors that I previously haven't made posts on.

I found 15 US Big Corps in Other Sectors, which file with the SEC, and which have Pretax Income or Pretax Loss of more than $200 mil in any of the most recent three years.

The Total Pretax Income of these 15 US Big Corps in Other Sectors was $9.1 bil in 2011, up only 7% from 2010, but up a very strong 97% 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 the just huge Alternative Fuel Mix Tax Credits in the Forest and Forest Products Sector in 2009 (just how could the country possibly have gotten its money's worth for these massive tax subsidies granted to this industry?).


Below here is the Pretax Income (PTI) and Pretax Loss of these 15 US Big Corps in Other 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

Other Sectors










Forest and Forest Products




International Paper 1,669 1,201 133 39% 1155%
Meadwestvaco 422 320 17 32% 2382%
Rayonier 306 233 154 31% 99%
Plum Creek Timber 192 203 205 -5% -6%
Weyerhaeuser 144 87 (855) 66% 117%




Printing and Publishing


McGraw-Hill 1,347 1,331 1,182 1% 14%
Gannett 653 846 570 -23% 15%
RR Donnelley 326 416 260 -22% 25%
John Wiley&Sons 231 200 164 16% 41%
Deluxe 223 236 170 -6% 31%
Meredith 212 167 143 27% 48%




Cogeneration Power Producer


AES 2,461 2,394 1,921 3% 28%




Watches and Clocks


Fossil 452 384 220 18% 105%




Public Building and Furniture


BE Aerospace 323 211 205 53% 58%




Patent Owners


Interdigital 125 238 113 -47% 11%




Total all 15 9,086 8,467 4,602 7% 97%