From a review of their SEC filings, the Total Audited Net Income from Continuing Operations of these 26 largest Massachusetts Technology and Health Care Companies were $8.326 bil in the Most Recent Year 2013, a massive 10.3 times the comparable financial meltdown aftermath year earnings in 2009 of $0.806 bil.
In addition, the Total Audited Earnings of these 26 largest Massachusetts Technology and Health Care Companies in 2013 of $8.326 bil were up an off-the-charts spectacular 184% over the comparable earnings in 2007 of $2.932 bil, which was the peak year earnings before the disastrous effects of the 2008 financial meltdown hit......these Massachusetts Technology and Health Care Companies not only recouped the earnings they lost with the financial meltdown, but they also added another massive 184% of earnings.
This off-the-charts spectacular earnings recovery for these 26 largest Massachusetts Technology and Health Care Companies from 2008 to the most recent 2013 occurred when probably the nation's finest Governor Deval Patrick was Massachusetts' Governor, the US Senate was under Democratic control, all of Massachusetts US House of Representatives were Democrats and also when Barack Obama was US President. The US financial meltdown occurred in late 2008, in George W. Bush's last year as US President.
Given the above annual earnings history, it only makes sense to me that the earnings in the next two years of Massachusetts Companies have a much better chance of being much higher if Democrat Martha Coakley is elected Massachusetts Governor.
Below here are the Audited Net Income (Losses) of each of these 26 largest Massachusetts High Technology and Health Care Companies for 2013, 2009 and 2007, along with the related percentage changes:
2013 | 2013 | ||||||
vs | vs | ||||||
2013 | 2009 | 2007 | 2009 | 2007 | |||
Audited | Audited | Audited | Audited | Audited | |||
Most | Net | Net | Net | Net | Net | ||
Recent | Income | Income | Income | Income | Income | ||
FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | ||
Massachusetts Company | HQs | mils | mils | mils | % Change | % Change | |
Technology | |||||||
EMC Corp | Hopkinton | Dec 13 | 3,093 | 1,122 | 1,614 | 176% | 92% |
Analog Devices | Norwood | Oct 13 | 673 | 247 | 502 | 172% | 34% |
Waters Corp | Milford | Dec 13 | 450 | 323 | 268 | 39% | 68% |
Akamai Technologies | Cambridge | Dec 13 | 293 | 146 | 101 | 101% | 190% |
Skyworks Solutions | Wobum | Sep 13 | 278 | 93 | 58 | 199% | 379% |
Sensata Technologies | Attleboro | Dec 13 | 188 | (27) | (234) | 796% | 180% |
Teradyne | North Reading | Dec 13 | 165 | (134) | 72 | 223% | 129% |
IPG Photonics | Oxford | Dec 13 | 156 | 5 | 32 | 3020% | 388% |
PTC Inc | Needham | Sep 13 | 144 | 32 | 144 | 350% | 0% |
Aspen Technology | Burlington | Jun 14 | 86 | (107) | 25 | 180% | 244% |
Bruker | Billerica | Dec 13 | 82 | 81 | 99 | 1% | -17% |
Cognex | Natick | Dec 13 | 74 | (5) | 28 | 1580% | 164% |
athenahealth | Watertown | Dec 13 | 3 | 9 | (8) | -67% | 138% |
Nuance Communications | Burlington | Sep 13 | (115) | (12) | (14) | -858% | -721% |
Health Care | |||||||
Biogen Idec | Cambridge | Dec 13 | 1,862 | 977 | 580 | 91% | 221% |
Covidien plc | Mansfield | Sep 13 | 1,600 | 902 | (134) | 77% | 1294% |
Thermo Fisher Scientific | Waltham | Dec 13 | 1,279 | 851 | 767 | 50% | 67% |
PerkinElmer | Waltham | Dec 13 | 168 | 93 | 133 | 81% | 26% |
PAREXEL Intl | Waltham | Jun 14 | 129 | 42 | 65 | 207% | 98% |
Cubist Pharmaceuticals | Lexington | Dec 13 | (19) | 80 | 36 | -124% | -153% |
Alere | Waltham | Dec 13 | (70) | 32 | (243) | -319% | 71% |
Alnylam Pharmaceuticals | Cambridge | Dec 13 | (89) | (48) | (85) | -85% | -5% |
Boston Scientific | Natick | Dec 13 | (121) | (1,025) | (495) | 88% | 76% |
Idenix Pharmaceuticals | Cambridge | Dec 13 | (122) | (53) | (83) | -130% | -47% |
Vertex Pharmaceuticals | Cambridge | Dec 13 | (688) | (642) | (391) | -7% | -76% |
Hologic | Bedford | Sep 13 | (1,173) | (2,176) | 95 | 46% | -1335% |
Total all 26 Technology and Health Care Companies | 8,326 | 806 | 2,932 | 933% | 184% |
More details to come.