The earnings of these Big US Big Financial Data Services Corps increased nicely under the Obama Administration.
For the most recent fiscal year ended 2011, these 20 US Financial Data Services Corps registered Total Pretax Income of $7.0 bil, which was up 14% from 2010, and up 41% from 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 Intangible Asset Impairments.
Clearly, the Obama Administration has created a US economic environment which has permitted these 20 US Big Financial Data Services Corps to flourish.
Below here is the Pretax Income of these 20 US Big Financial Data Services Corps for each of the most recent three years.
Obama | |||||
Bump | |||||
PTI | PTI | ||||
1 Year | 2 Year | ||||
PTI | PTI | PTI | % | % | |
2011 | 2010 | 2009 | Change | Change | |
mils $s | mils $s | mils $s | |||
Financial Data Services | |||||
Western Union | 1,275 | 1,145 | 1,132 | 11% | 13% |
Moodys | 840 | 714 | 646 | 18% | 30% |
Fiserv | 814 | 793 | 734 | 3% | 11% |
Fidelity Natl Info Svcs | 744 | 771 | 301 | -4% | 147% |
Alliance Data Sys | 514 | 311 | 263 | 65% | 95% |
Fidelity Natl Fincl | 415 | 549 | 315 | -24% | 32% |
Equifax | 408 | 375 | 331 | 9% | 23% |
Dun & Bradstreet | 368 | 388 | 433 | -5% | -15% |
Global Payments | 324 | 310 | 292 | 5% | 11% |
Total System Svcs | 317 | 308 | 341 | 3% | -7% |
DST Systems | 274 | 356 | 355 | -23% | -23% |
BroadridgeFinclSol | 270 | 342 | 346 | -21% | -22% |
MSCI | 263 | 153 | 132 | 72% | 99% |
Factset Research | 239 | 222 | 212 | 8% | 13% |
Lender Proc Svcs | 224 | 510 | 482 | -56% | -54% |
FleetCor Tech | 211 | 151 | 130 | 40% | 62% |
Wright Express | 209 | 145 | 89 | 44% | 135% |
Gartner | 202 | 134 | 116 | 51% | 74% |
SunGardDataSys | (143) | (219) | (175) | 35% | 18% |
First Data | (760) | (1,288) | (1,506) | 41% | 50% |
Total all 20 | 7,008 | 6,170 | 4,969 | 14% | 41% |