Non-GAAP Adjusted After-tax Net Income excludes special, unusual items and is generally used by the investment community to value common stocks. It was used below when this amount was disclosed in the company's earnings release and also was significant in amount relative to Reported GAAP Net Income.
In the case of the Big 7 Financial Corps, I used their Combined GAAP Net Income from Continuing Operations. For all other companies, I used their Net Income from Continuing Operations Attributable to the Common Shareholders.
The Total Net Income of these 233 US Corps was $886.7 bil in 2012, up $60.9 bil, or up 7.4% from 2011.
When I add in the four large Financial Partnerships filing with the SEC, the Total Net Income increase in 2012 advances to 8.8%. Yeah, these four large Financial Partnerships had their Total Net Income increase by $11.7 bil, or by an incredibly off-the-charts 470%, in 2012. They were led by KKR and Apollo Global Management, and to a somewhat lesser degree by The Carlyle Group.
And when I add in Freddie Mac, this Total Net Income increase in 2012 moves up to 10.8%.
Also, after Fannie Mae reports its December 2012 earnings (it still hasn't yet, believe it or not), this Total Net Income increase in 2012 should move up to north of 12.0%.
This impressive 7.4% earnings growth of these 233 US Corps was driven by the Big Financial Sector's 14.7% total earnings increase and by the Big Technology Sector's 14.0% total earnings growth.
Big Financial was led by the Big Insurance Sector, which experienced a very robust 37.3% total earnings growth. The main driver here was AIG, whose operating earnings grew by an off-the-chart 218%.
Big Technology was led by Big Apple's 61% exceptional earnings growth.
When you think about it, it is just amazing that these 233 largest earning US Big Corps generated 7.4% Total Earnings growth in 2012, a Presidential election year where the US Congress was doing everything possible to substantially slow down the US economy, hoping that it would result in President Obama being defeated in the election.
Just think what the US economy and these US Big Corps' earnings will do if the US Congress would start working with, instead of against, the Obama Administration.
Based on a thorough review of the financial statements and earnings releases of these 233 US Big Corps, their Total Earnings growth of 7.4% in 2012 should convert to roughly a company-earnings-weighted Total Earnings Per Share growth of 10.4% in 2012. This positive 3.0% earnings spread is due to so many of these companies, particularly ones in certain sectors, having very robust common stock buyback programs in 2012.
Below here are these annual earnings of these 233 Corps, 4 Financial Partnerships and Freddie Mac for both 2012 and 2011:
| Non-GAAP | Non-GAAP | ||||
| Non-GAAP | Non-GAAP | Adjusted | Adjusted | ||
| Annual | Annual | Net | Net | ||
| 2012 | 2011 | Income | Income | ||
| Adjusted | Adjusted | Increase | Increase | ||
| Net | Net | (Decrease) | (Decrease) | ||
| Company | Income | Income | Amount | % | |
| mils of $s | mils of $s | mils of $s | |||
| Technology | |||||
| Apple | Sep | 41,733 | 25,922 | 15,811 | 61.0% |
| Microsoft | Jun | 23,681 | 22,720 | 961 | 4.2% |
| IBM | Dec | 17,627 | 16,318 | 1,309 | 8.0% |
| Dec | 13,302 | 11,798 | 1,504 | 12.7% | |
| Oracle | May | 12,521 | 11,395 | 1,126 | 9.9% |
| Intel | Dec | 11,580 | 13,524 | (1,944) | -14.4% |
| Cisco Systems | Jul | 10,017 | 9,033 | 984 | 10.9% |
| Hewlett Packard | Oct | 8,035 | 10,379 | (2,344) | -22.6% |
| Qualcomm | Sep | 6,463 | 5,407 | 1,056 | 19.5% |
| EMC | Dec | 3,759 | 3,381 | 378 | 11.2% |
| Ebay | Dec | 3,100 | 2,667 | 433 | 16.2% |
| Dell | Jan | 3,017 | 3,952 | (935) | -23.7% |
| Seagate Technology | Jun | 2,977 | 578 | 2,399 | 415.1% |
| Accenture | Aug | 2,791 | 2,521 | 270 | 10.7% |
| Western Digital | Jun | 2,109 | 770 | 1,339 | 173.9% |
| Thermo Fisher Scientific | Dec | 1,810 | 1,601 | 209 | 13.1% |
| Broadcom | Dec | 1,760 | 1,694 | 66 | 3.9% |
| Texas Instruments | Dec | 1,759 | 2,236 | (477) | -21.3% |
| Priceline.com | Dec | 1,612 | 1,209 | 403 | 33.3% |
| Yahoo | Dec | 1,407 | 1,040 | 367 | 35.3% |
| Xerox | Dec | 1,398 | 1,563 | (165) | -10.6% |
| Automatic Data Processing | Jun | 1,389 | 1,254 | 135 | 10.8% |
| Activision Blizzard | Dec | 1,350 | 1,087 | 263 | 24.2% |
| Dec | 1,317 | 1,164 | 153 | 13.1% | |
| VMWare | Dec | 1,236 | 936 | 300 | 32.1% |
| Symantec | Mar | 1,201 | 1,119 | 82 | 7.3% |
| Adobe Systems | Nov | 1,183 | 1,183 | 0 | 0.0% |
| Cognizant Technology Solutions | Dec | 1,132 | 953 | 179 | 18.8% |
| CA Technologies | Mar | 1,117 | 984 | 133 | 13.5% |
| Agilent Technologies | Oct | 1,100 | 1,045 | 55 | 5.3% |
| Applied Materials | Oct | 960 | 1,723 | (763) | -44.3% |
| Sandisk | Dec | 582 | 1,138 | (556) | -48.9% |
| Total all 32 Technology | 185,025 | 162,294 | 22,731 | 14.0% | |
| Financial | |||||
| US Big 7 Financial | |||||
| JPMorgan Chase | Dec | 21,284 | 18,976 | 2,308 | 12.2% |
| Wells Fargo | Dec | 19,368 | 16,211 | 3,157 | 19.5% |
| Citigroup | Dec | 7,909 | 11,103 | (3,194) | -28.8% |
| Goldman Sachs | Dec | 7,475 | 4,442 | 3,033 | 68.3% |
| US Bancorp | Dec | 5,490 | 4,788 | 702 | 14.7% |
| Bank of America | Dec | 4,188 | 1,446 | 2,742 | 189.6% |
| Morgan Stanley | Dec | 754 | 4,689 | (3,935) | -83.9% |
| Total all 7 | 66,468 | 61,655 | 4,813 | 7.8% | |
| US Big National/Regional Banks | |||||
| PNC Financial (PA) | Dec | 3,682 | 3,399 | 283 | 8.3% |
| Capital One Financial (VA) | Dec | 3,734 | 3,253 | 481 | 14.8% |
| Bank NY Mellon (NY) | Dec | 2,427 | 2,516 | (89) | -3.5% |
| SunTrust Banks (GA) | Dec | 1,931 | 495 | 1,436 | 290.1% |
| BB&T (NC) | Dec | 1,916 | 1,289 | 627 | 48.6% |
| State Street Corp (MA) | Dec | 1,898 | 1,852 | 46 | 2.5% |
| Fifth Third Bancorp (OH) | Dec | 1,541 | 1,094 | 447 | 40.9% |
| Regions Financial (AL) | Dec | 1,088 | 211 | 877 | 415.6% |
| M&T Bank (NY) | Dec | 1,073 | 884 | 189 | 21.4% |
| Total all 9 | 19,290 | 14,993 | 4,297 | 28.7% | |
| US Big Credit Card Corps | |||||
| American Express | Dec | 5,076 | 4,935 | 141 | 2.9% |
| Visa | Sep | 4,203 | 3,528 | 675 | 19.1% |
| MasterCard | Dec | 2,772 | 2,401 | 371 | 15.5% |
| Discover Financial Services | Nov | 2,318 | 2,202 | 116 | 5.3% |
| Total all 4 | 14,369 | 13,066 | 1,303 | 10.0% | |
| US Big Health Insurance Corps | |||||
| UnitedHealth | Dec | 5,526 | 5,142 | 384 | 7.5% |
| WellPoint | Dec | 2,456 | 2,555 | (99) | -3.9% |
| Aetna | Dec | 1,770 | 1,966 | (196) | -10.0% |
| Cigna | Dec | 1,734 | 1,361 | 373 | 27.4% |
| Humana | Dec | 1,222 | 1,419 | (197) | -13.9% |
| Total all 5 | 12,708 | 12,443 | 265 | 2.1% | |
| Big Insurance | |||||
| AIG | Dec | 6,635 | 2,086 | 4,549 | 218.1% |
| MetLife | Dec | 5,686 | 4,677 | 1,009 | 21.6% |
| AFLAC | Dec | 3,097 | 2,946 | 151 | 5.1% |
| Prudential Financial | Dec | 2,958 | 2,845 | 113 | 4.0% |
| ACE Ltd | Dec | 2,624 | 2,331 | 293 | 12.6% |
| Travelers | Dec | 2,441 | 1,390 | 1,051 | 75.6% |
| Allstate | Dec | 2,148 | 662 | 1,486 | 224.5% |
| Chubb | Dec | 1,420 | 1,491 | (71) | -4.8% |
| Hartford Financial Services | Dec | 1,403 | 1,116 | 287 | 25.7% |
| Aon | Dec | 1,400 | 1,384 | 16 | 1.2% |
| Lincoln Financial | Dec | 1,284 | 1,246 | 38 | 3.0% |
| Marsh & McLennan | Dec | 1,188 | 973 | 215 | 22.1% |
| Progressive | Dec | 902 | 1,016 | (114) | -11.2% |
| Total of all 13 Big Insurance | 33,186 | 24,163 | 9,023 | 37.3% | |
| Other Financial Sectors | |||||
| Security Brokers and Investment Advice | |||||
| BlackRock | Dec | 2,438 | 2,239 | 199 | 8.9% |
| Franklin Resources | Sep | 1,931 | 1,924 | 7 | 0.4% |
| Ameriprise Financial | Dec | 1,245 | 1,274 | (29) | -2.3% |
| CME Group | Dec | 1,007 | 1,138 | (131) | -11.5% |
| Other Financial Sectors | |||||
| Sallie Mae | Dec | 1,062 | 977 | 85 | 8.7% |
| Western Union | Dec | 1,057 | 996 | 61 | 6.1% |
| Total of all 6 | 8,740 | 8,548 | 192 | 2.2% | |
| Total all 44 Financial Corps | 154,761 | 134,868 | 19,893 | 14.7% | |
| US Big Oil and Gas | |||||
| Exxon Mobil | Dec | 44,880 | 41,060 | 3,820 | 9.3% |
| Chevron | Dec | 26,179 | 26,895 | (716) | -2.7% |
| ConocoPhillips | Dec | 6,734 | 7,982 | (1,248) | -15.6% |
| Occidental Petroleum | Dec | 5,750 | 6,828 | (1,078) | -15.8% |
| Schlumberger | Dec | 5,578 | 4,915 | 663 | 13.5% |
| Phillips 66 | Dec | 5,387 | 3,591 | 1,796 | 50.0% |
| Apache | Dec | 3,767 | 4,651 | (884) | -19.0% |
| Marathon Petroleum | Dec | 3,352 | 2,406 | 946 | 39.3% |
| Valero Energy | Dec | 3,107 | 2,090 | 1,017 | 48.7% |
| Halliburton | Dec | 2,587 | 3,010 | (423) | -14.1% |
| National Oilwell Varco | Dec | 2,524 | 2,022 | 502 | 24.8% |
| Enterprise Products Partners | Dec | 2,428 | 2,088 | 340 | 16.3% |
| Anadarko Petroleum | Dec | 2,069 | 1,719 | 350 | 20.4% |
| Hess | Dec | 1,998 | 1,984 | 14 | 0.7% |
| Marathon Oil | Dec | 1,736 | 2,293 | (557) | -24.3% |
| HollyFrontier | Dec | 1,727 | 1,023 | 704 | 68.8% |
| EOG Resources | Dec | 1,536 | 1,009 | 527 | 52.2% |
| Transocean Ltd | Dec | 1,419 | 494 | 925 | 187.2% |
| Plains All American Pipeline LP | Dec | 1,414 | 1,021 | 393 | 38.5% |
| Kinder Morgan Inc | Dec | 1,333 | 449 | 884 | 196.9% |
| Baker Hughes | Dec | 1,324 | 1,813 | (489) | -27.0% |
| Devon Energy | Dec | 1,322 | 2,557 | (1,235) | -48.3% |
| Spectra Energy | Dec | 938 | 1,159 | (221) | -19.1% |
| Chesapeake Energy | Dec | 285 | 1,936 | (1,651) | -85.3% |
| KinderEnergy Partners | Dec | 2,025 | 1,067 | 958 | 89.8% |
| Total all 25 | 131,399 | 126,062 | 5,337 | 4.2% | |
| Health Care | |||||
| Big Pharma | |||||
| Pfizer | Dec | 16,476 | 17,839 | (1,363) | -7.6% |
| Johnson & Johnson | Dec | 14,345 | 13,867 | 478 | 3.4% |
| Merck | Dec | 11,743 | 11,697 | 46 | 0.4% |
| Abbott Labs | Dec | 8,119 | 7,331 | 788 | 10.7% |
| Eli Lilly | Dec | 3,784 | 4,914 | (1,130) | -23.0% |
| Bristol Myers Squibb | Dec | 3,364 | 3,921 | (557) | -14.2% |
| Total all 6 | 57,831 | 59,569 | (1,738) | -2.9% | |
| Other Health Care | |||||
| Amgen | Dec | 5,119 | 4,858 | 261 | 5.4% |
| CVS Caremark | Dec | 4,397 | 3,766 | 631 | 16.8% |
| Medtronic | Apr | 3,666 | 3,643 | 23 | 0.6% |
| Gilead Sciences | Dec | 3,084 | 3,039 | 45 | 1.5% |
| Express Scripts | Dec | 2,795 | 1,500 | 1,295 | 86.3% |
| Walgreens | Aug | 2,565 | 2,710 | (145) | -5.4% |
| Baxter | Dec | 2,516 | 2,471 | 45 | 1.8% |
| Celgene | Dec | 2,162 | 1,753 | 409 | 23.3% |
| Covidien Ltd | Sep | 2,068 | 1,974 | 94 | 4.8% |
| HCA | Dec | 1,603 | 1,413 | 190 | 13.4% |
| McKesson | Mar | 1,602 | 1,396 | 206 | 14.8% |
| Biogen IDEC | Dec | 1,567 | 1,446 | 121 | 8.4% |
| Stryker | Dec | 1,560 | 1,448 | 112 | 7.7% |
| Allergan | Dec | 1,272 | 1,132 | 140 | 12.4% |
| Becton Dickinson | Sep | 1,123 | 1,206 | (83) | -6.9% |
| Cardinal Health | Jun | 1,119 | 988 | 131 | 13.3% |
| St Jude Medical | Dec | 1,095 | 1,074 | 21 | 2.0% |
| Forest Labs | Mar | 1,063 | 1,290 | (227) | -17.6% |
| Boston Scientific | Dec | 933 | 1,018 | (85) | -8.3% |
| Mylan | Dec | 1,087 | 893 | 194 | 21.7% |
| Total all 20 Other Health Care | 42,396 | 39,018 | 3,378 | 8.7% | |
| Total all 26 Health Care | 100,227 | 98,587 | 1,640 | 1.7% | |
| Retail | |||||
| Walmart | Jan | 16,999 | 15,766 | 1,233 | 7.8% |
| McDonalds | Dec | 5,465 | 5,503 | (38) | -0.7% |
| Home Depot | Jan | 4,680 | 3,883 | 797 | 20.5% |
| Target | Jan | 3,160 | 3,018 | 142 | 4.7% |
| Lowes | Jan | 1,959 | 1,839 | 120 | 6.5% |
| TJX | Jan | 1,907 | 1,540 | 367 | 23.8% |
| Costco | Aug | 1,709 | 1,462 | 247 | 16.9% |
| Publix Super Markets | Dec | 1,552 | 1,492 | 60 | 4.0% |
| Yum Brands | Dec | 1,538 | 1,383 | 155 | 11.2% |
| Best Buy | Feb | 1,432 | 1,520 | (88) | -5.8% |
| Macy's | Jan | 1,426 | 1,240 | 186 | 15.0% |
| Starbucks | Sep | 1,384 | 1,170 | 214 | 18.3% |
| Kroger | Jan | 1,364 | 1,296 | 68 | 5.2% |
| GAP | Jan | 1,135 | 833 | 302 | 36.3% |
| Kohl's | Jan | 986 | 1,167 | (181) | -15.5% |
| Total all 15 | 46,696 | 43,112 | 3,584 | 8.3% | |
| Tobacco | |||||
| Phillip Morris International | Dec | 8,800 | 8,591 | 209 | 2.4% |
| Altria Group | Dec | 4,483 | 4,243 | 240 | 5.7% |
| Reynolds American | Dec | 1,686 | 1,647 | 39 | 2.4% |
| Lorillard | Dec | 1,103 | 1,101 | 2 | 0.2% |
| Total all 4 | 16,072 | 15,582 | 490 | 3.1% | |
| Home Products | |||||
| Procter & Gamble | Jun | 11,324 | 11,617 | (293) | -2.5% |
| Colgate Palmolive | Dec | 2,574 | 2,473 | 101 | 4.1% |
| Kimberly Clark | Dec | 2,078 | 1,915 | 163 | 8.5% |
| Total all 3 | 15,976 | 16,005 | (29) | -0.2% | |
| Foods and Beverages | |||||
| Beverages | |||||
| Coca Cola | Dec | 9,217 | 8,944 | 273 | 3.1% |
| Foods and Beverages | |||||
| Pepsico | Dec | 6,454 | 7,035 | (581) | -8.3% |
| Foods | |||||
| Mondelez International | Dec | 2,487 | 2,445 | 42 | 1.7% |
| Kraft Foods Group | Dec | 1,896 | 1,775 | 121 | 6.8% |
| General Mills | May | 1,707 | 1,649 | 58 | 3.5% |
| Archer Daniels Midland | Jun | 1,499 | 2,256 | (757) | -33.6% |
| Kellogg | Dec | 1,213 | 1,230 | (17) | -1.4% |
| HJ Heinz | Apr | 1,086 | 990 | 96 | 9.7% |
| Total all 6 Foods | 9,888 | 10,345 | (457) | -4.4% | |
| Total all 8 Foods and Beverages | 25,559 | 26,324 | (765) | -2.9% | |
| Footwear, Clothing and Accessories | |||||
| Nike | May | 2,223 | 2,133 | 90 | 4.2% |
| VF Corp | Dec | 1,078 | 913 | 165 | 18.1% |
| Coach | Jun | 1,039 | 881 | 158 | 17.9% |
| Total all 3 | 4,340 | 3,927 | 413 | 10.5% | |
| US Defense Contractors | |||||
| Lockheed Martin | Dec | 3,348 | 3,177 | 171 | 5.4% |
| Raytheon | Dec | 2,074 | 2,067 | 7 | 0.3% |
| Northrop Grumman | Dec | 1,893 | 1,828 | 65 | 3.6% |
| General Dynamics | Dec | 2,305 | 2,552 | (247) | -9.7% |
| Total all 4 | 9,620 | 9,624 | (4) | 0.0% | |
| Motor Vehicle and Parts | |||||
| Ford Motor | Dec | 5,596 | 6,119 | (523) | -8.5% |
| General Motors | Dec | 5,390 | 6,424 | (1,034) | -16.1% |
| Chrysler | Dec | 1,668 | 734 | 934 | 127.2% |
| Delphi | Dec | 1,240 | 1,169 | 71 | 6.1% |
| Paccar | Dec | 1,112 | 1,042 | 70 | 6.7% |
| Total all 5 Motor Vehicle and Parts | 15,006 | 15,488 | (482) | -3.1% | |
| Broad-Based Manufacturing | |||||
| Caterpillar | Dec | 5,961 | 4,928 | 1,033 | 21.0% |
| United Technologies | Dec | 4,847 | 4,831 | 16 | 0.3% |
| Boeing | Dec | 4,491 | 3,961 | 530 | 13.4% |
| 3M | Dec | 4,444 | 4,283 | 161 | 3.8% |
| Honeywell | Dec | 3,548 | 3,206 | 342 | 10.7% |
| Deere | Dec | 3,065 | 2,800 | 265 | 9.5% |
| Emerson Electric | Dec | 2,552 | 2,523 | 29 | 1.1% |
| Danaher | Dec | 2,299 | 1,935 | 364 | 18.8% |
| Corning | Dec | 1,940 | 2,789 | (849) | -30.4% |
| Illinois Tool Works | Dec | 1,935 | 1,840 | 95 | 5.2% |
| Johnson Controls | Dec | 1,783 | 1,697 | 86 | 5.1% |
| Cummins | Dec | 1,621 | 1,754 | (133) | -7.6% |
| Eaton | Dec | 1,384 | 1,360 | 24 | 1.8% |
| Precision Castparts | Dec | 1,232 | 1,011 | 221 | 21.9% |
| PPG Industries | Dec | 1,230 | 1,095 | 135 | 12.3% |
| TE Connectivity | Sep | 1,229 | 1,343 | (114) | -8.5% |
| CNH Global | Dec | 1,179 | 918 | 261 | 28.4% |
| Parker Hannifin | Dec | 1,152 | 1,049 | 103 | 9.8% |
| Ingersoll-Rand | Dec | 1,022 | 958 | 64 | 6.7% |
| Total all 19 Broad-based Manufacturing | 46,914 | 44,281 | 2,633 | 5.9% | |
| TV Leisure and Entertainment | |||||
| Walt Disney | Sep | 5,682 | 4,807 | 875 | 18.2% |
| Comcast | Dec | 5,232 | 4,377 | 855 | 19.5% |
| News Corp | Jun | 3,521 | 3,109 | 412 | 13.3% |
| Time Warner | Dec | 3,203 | 3,075 | 128 | 4.2% |
| DirecTV | Dec | 2,949 | 2,609 | 340 | 13.0% |
| Viacom | Sep | 2,264 | 2,247 | 17 | 0.8% |
| Time Warner Cable | Dec | 1,797 | 1,573 | 224 | 14.2% |
| Las Vegas Sands | Dec | 1,768 | 1,644 | 124 | 7.5% |
| CBS | Dec | 1,678 | 1,417 | 261 | 18.4% |
| Carnival | Nov | 1,471 | 1,912 | (441) | -23.1% |
| DISH Network | Dec | 1,111 | 1,310 | (199) | -15.2% |
| Discovery Communications | Dec | 954 | 1,033 | (79) | -7.6% |
| NBC Universal | Dec | 3,055 | 1,660 | 1,395 | 84.0% |
| Total all 13 | 34,685 | 30,773 | 3,912 | 12.7% | |
| Chemicals | |||||
| DuPont | Dec | 3,173 | 3,392 | (219) | -6.5% |
| LyondellBasell | Dec | 3,021 | 2,880 | 141 | 4.9% |
| Dow Chemical | Dec | 2,249 | 2,959 | (710) | -24.0% |
| Monsanto | Aug | 2,045 | 1,607 | 438 | 27.3% |
| Mosaic | May | 1,930 | 1,947 | (17) | -0.9% |
| CF Industries | Dec | 1,849 | 1,539 | 310 | 20.1% |
| Praxair | Dec | 1,681 | 1,666 | 15 | 0.9% |
| Air Products & Chemicals | Sep | 1,534 | 1,557 | (23) | -1.5% |
| Total all 8 | 17,482 | 17,547 | (65) | -0.4% | |
| Transportation | |||||
| United Parcel Service | Dec | 4,389 | 4,311 | 78 | 1.8% |
| Union Pacific | Dec | 3,943 | 3,292 | 651 | 19.8% |
| FedEx | May | 2,089 | 1,556 | 533 | 34.3% |
| CSX | Dec | 1,859 | 1,822 | 37 | 2.0% |
| Norfolk Southern | Dec | 1,749 | 1,916 | (167) | -8.7% |
| Delta Air Lines | Dec | 1,552 | 1,190 | 362 | 30.4% |
| United Continental Holdings | Dec | 589 | 1,323 | (734) | -55.5% |
| Total all 7 | 16,170 | 15,410 | 760 | 4.9% | |
| Mining | |||||
| Freeport McMoran Copper & Gold | Dec | 3,041 | 4,560 | (1,519) | -33.3% |
| Southern Copper | Dec | 2,251 | 2,336 | (85) | -3.6% |
| Newmont Mining | Dec | 1,850 | 2,170 | (320) | -14.7% |
| Cliff's Natural Resources | Dec | 493 | 1,627 | (1,134) | -69.7% |
| Peabody Energy | Dec | 239 | 1,012 | (773) | -76.4% |
| Total all 5 | 7,874 | 11,705 | (3,831) | -32.7% | |
| Communications | |||||
| AT&T | Dec | 13,447 | 12,674 | 773 | 6.1% |
| Verizon | Dec | 6,411 | 6,104 | 307 | 5.0% |
| Total of both | 19,858 | 18,778 | 1,080 | 5.8% | |
| Conglomerates | |||||
| General Electric | Dec | 16,065 | 14,915 | 1,150 | 7.7% |
| Berkshire Hathaway | Dec | 12,597 | 10,775 | 1,822 | 16.9% |
| Loews | Dec | 968 | 1,093 | (125) | -11.4% |
| Total of all 3 | 29,630 | 26,783 | 2,847 | 10.6% | |
| Other Non-Financial Sectors | |||||
| CHS | Aug | 1,261 | 961 | 300 | 31.2% |
| Sysco | Jun | 1,257 | 1,201 | 56 | 4.7% |
| International Paper | Dec | 1,167 | 1,365 | (198) | -14.5% |
| Waste Management | Dec | 966 | 1,007 | (41) | -4.1% |
| Total of all 4 | 4,651 | 4,534 | 117 | 2.6% | |
| REITs | |||||
| Annaly Capital Management | Dec | 2,022 | 2,248 | (226) | -10.1% |
| Simon Property Group | Dec | 1,431 | 1,021 | 410 | 40.2% |
| American Capital Agency | Dec | 1,267 | 770 | 497 | 64.5% |
| Total of all 3 | 4,720 | 4,039 | 681 | 16.9% | |
| Total all 233 Corps | 886,665 | 825,723 | 60,942 | 7.4% | |
| Financial Partnerships | |||||
| KKR | Dec | 8,028 | 876 | 7,152 | 816.4% |
| Apollo Management Group | Dec | 3,048 | (1,300) | 4,352 | 333.7% |
| Carlyle Group | Dec | 2,400 | 1,154 | 1,246 | 108.0% |
| Icahn Enterprises | Dec | 727 | 1,764 | (1,037) | (58.8)% |
| Total all 4 | 14,203 | 2,490 | 11,713 | 470.4% | |
| Total all 237 including Financial Partnerships | 900,868 | 828,213 | 72,655 | 8.8% | |
| Freddie Mac | 10,982 | (5,266) | 16,248 | 308.5% | |
Total all 238 911,850 822,947 88,903 10.8%
