The Total Audited 2013 Net Income from Continuing Operations of these 66 Chicago Area Companies was a massive $48.9 bil, an increase of a spectacular 573% from the comparable earnings of $7.3 bil in 2008, which was the very last year of the George W Bush/Dick Cheney Presidency.
This exceptionally strong earnings recovery for these 66 Chicago Area Companies from 2008 to the most recent 2013 occurred when Barack Obama was President and when there was also a very friendly US Fed, led by Ben Bernanke and Janet Yellen.
These 66 largest Chicago Area Companies include the combined Abbott Labs and AbbVie, both of which resulted from the recent Abbott Labs spinoff.
In like manner, these 66 also include Mondelez, Intl. and Kraft Foods Group, resulting from the recent Kraft Foods spinoff.
The large HSBC Finance Corp, headquartered in the Chicago area, is also included in the 66 below even though its common stock doesn't trade, but because it files its financial statements with the SEC since it has both publicly-traded Preferred Stock and many publicly-traded Notes and also since its Total Stockholders' Equity exceeds $6.6 bil.
Below here are the Audited Net Income (Loss) From Continuing Operations for each of these 66 Chicago Metro Area Companies in each of the six years 2013, 2012, 2011, 2009, 2008 and 2007, along with the related Net Income (Loss) Percentage Changes:
2013 | 2012 | 2011 | 2009 | 2008 | 2007 | |||
Audited | Audited | Audited | Audited | Audited | Audited | |||
Most | Net | Net | Net | Net | Net | Net | ||
Recent | Income | Income | Income | Income | Income | Income | ||
FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | ||
Chicago Metro Area Company | HQs | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | |
Abbott Labs&AbbVie Combined | Abbott Park&North Chicago | Dec 13 | 6,511 | 5,963 | 4,728 | 5,746 | 4,734 | 3,606 |
McDonald's | Oak Brook | Dec 13 | 5,586 | 5,465 | 5,503 | 4,551 | 4,313 | 2,335 |
Mondelez&Kraft Foods Combined | Deerfield&Northfield | Dec 13 | 4,747 | 3,248 | 3,547 | 2,810 | 1,678 | 2,343 |
Boeing | Chicago | Dec 13 | 4,586 | 3,903 | 4,011 | 1,335 | 2,654 | 4,058 |
Discover Financial Services | Riverwoods | Dec 13 | 2,470 | 2,345 | 2,227 | 1,276 | 1,063 | 964 |
Walgreen Co | Deerfield | Aug 13 | 2,450 | 2,127 | 2,714 | 2,006 | 2,157 | 2,041 |
Allstate | Northbrook | Dec 13 | 2,280 | 2,306 | 787 | 854 | (1,679) | 4,636 |
Baxter Intl | Deerfield | Dec 13 | 2,012 | 2,326 | 2,256 | 2,215 | 2,025 | 1,721 |
Illinois Tool Works | Glenview | Dec 13 | 1,630 | 2,233 | 1,775 | 969 | 1,691 | 1,828 |
CF Industries | Deerfield | Dec 13 | 1,533 | 1,923 | 1,761 | 449 | 802 | 427 |
Motorola Solutions | Schaumburg | Dec 13 | 1,105 | 878 | 741 | (88) | (4,240) | (91) |
CME Group | Chicago | Dec 13 | 978 | 907 | 1,814 | 826 | 716 | 659 |
Dover | Downers Grove | Dec 13 | 966 | 833 | 773 | 372 | 695 | 670 |
CNA Financial | Chicago | Dec 13 | 937 | 628 | 629 | 483 | (251) | 905 |
WW Grainger | Lake Forest | Dec 13 | 808 | 699 | 666 | 431 | 475 | 420 |
Brunswick | Lake Forest | Dec 13 | 775 | 147 | 91 | (586) | (788) | 80 |
Northern Trust | Chicago | Dec 13 | 731 | 687 | 604 | 864 | 795 | 727 |
HSBS Finance Corp | Mettawa | Dec 13 | 713 | (2,405) | (2,326) | (7,450) | (2,751) | (4,378) |
Mead Johnson Nutrition | Glenview | Dec 13 | 655 | 612 | 519 | 411 | 401 | 430 |
United Continental | Chicago | Dec 13 | 571 | (723) | 840 | (651) | (5,396) | 360 |
Terra Nitrogen Co. LP | Deerfield | Dec 13 | 502 | 561 | 508 | 144 | 422 | 206 |
Ventas | Chicago | Dec 13 | 490 | 307 | 361 | 198 | 178 | 138 |
Old Republic Intl | Chicago | Dec 13 | 448 | (69) | (141) | (99) | (558) | 272 |
Packaging Corp America | Lake Forest | Dec 13 | 436 | 164 | 158 | 266 | 136 | 170 |
Ingredion Inc | Westchester | Dec 13 | 403 | 434 | 423 | 47 | 275 | 203 |
Beam Suntory Inc | Deerfield | Dec 13 | 366 | 403 | 120 | 247 | 93 | 774 |
Stericycle | Lake Forest | Dec 13 | 313 | 270 | 237 | 176 | 149 | 119 |
LKQ Corp | Chicago | Dec 13 | 312 | 261 | 210 | 127 | 97 | 64 |
General Growth Properties | Chicago | Dec 13 | 307 | (462) | (194) | (527) | (78) | 295 |
Catamaran | Lisle | Dec 13 | 299 | 121 | 92 | 46 | 15 | 13 |
Jones Lang LaSalle | Chicago | Dec 13 | 273 | 209 | 166 | (3) | 87 | 260 |
Arthur J Gallagher | Itasca | Dec 13 | 269 | 195 | 144 | 133 | 111 | 155 |
IDEX Corp | Lake Forest | Dec 13 | 255 | 38 | 194 | 113 | 127 | 154 |
Molex | Lisle | Jun 13 | 244 | 281 | 299 | (321) | 215 | 241 |
Tenneco | Lake Forest | Dec 13 | 222 | 304 | 183 | (54) | (405) | 5 |
RR Donnelley & Sons | Chicago | Dec 13 | 218 | (654) | (121) | (21) | (185) | (45) |
Hillshire Brands | Chicago | Jun 14 | 212 | 184 | (20) | 642 | 225 | (276) |
Hyatt Hotels | Chicago | Dec 13 | 205 | 87 | 111 | (45) | 114 | 266 |
Ulta Salon, Cosmetics & Fragrances | Bolingbrook | Jan 14 | 203 | 173 | 120 | 39 | 25 | 25 |
Anixter Intl | Glenview | Dec 13 | 200 | 125 | 201 | (29) | 188 | 246 |
CBOE Holdings | Chicago | Dec 13 | 176 | 157 | 139 | 106 | 115 | 83 |
GATX | Chicago | Dec 13 | 169 | 137 | 111 | 81 | 195 | 184 |
Telephone & Data Systems | Chicago | Dec 13 | 167 | 123 | 250 | 254 | 123 | 416 |
Middleby | Elgin | Dec 13 | 154 | 121 | 95 | 61 | 64 | 53 |
DeVry Education Group | Downers Group | Jun 14 | 152 | 126 | 170 | 280 | 166 | 126 |
United States Cellular | Chicago | Dec 13 | 145 | 141 | 199 | 238 | 58 | 330 |
Wintrust Financial | Rosemont | Dec 13 | 137 | 111 | 78 | 73 | 20 | 56 |
Zebra Technologies | Lincolnshire | Dec 13 | 134 | 122 | 130 | 47 | (38) | 110 |
CDW Corp | Vernon Hills | Dec 13 | 133 | 119 | 17 | (373) | (1,765) | 134 |
KapStone Paper & Packaging | Northbrook | Dec 13 | 127 | 63 | 124 | 80 | 20 | 27 |
Morningstar | Chicago | Dec 13 | 123 | 103 | 98 | 82 | 93 | 74 |
PrivateBancorp | Chicago | Dec 13 | 123 | 78 | 45 | (30) | (93) | 11 |
MB Financial | Chicago | Dec 13 | 98 | 90 | 39 | (33) | 16 | 61 |
Littelfuse | Chicago | Dec 13 | 89 | 75 | 87 | 9 | 8 | 37 |
Treehouse Foods | Oak Brook | Dec 13 | 87 | 88 | 94 | 81 | 29 | 42 |
Equity LifeStyle Properties | Chicago | Dec 13 | 77 | 64 | 42 | 51 | 39 | 44 |
Akorn | Lake Forest | Dec 13 | 52 | 35 | 43 | (25) | (8) | (19) |
USG Corp | Chicago | Dec 13 | 48 | (182) | (396) | (787) | (463) | 77 |
Strategic Hotels & Resorts | Chicago | Dec 13 | 7 | (59) | (106) | (237) | (335) | 105 |
First Industrial Realty Trust | Chicago | Dec 13 | 5 | (22) | (34) | (23) | (148) | (79) |
Hospira | Lake Forest | Dec 13 | (8) | 44 | (9) | 404 | 321 | 137 |
Century Aluminum | Chicago | Dec 13 | (40) | (36) | 11 | (206) | (895) | (106) |
Retail Properties America | Oak Brook | Dec 13 | (43) | (14) | (71) | (135) | (689) | 2 |
Allscripts Healthcare Solutions | Chicago | Dec 13 | (104) | (1) | 74 | 63 | 26 | 25 |
Equity Residential | Chicago | Dec 13 | (168) | 160 | (73) | 28 | (13) | 21 |
Sears Holdings | Hoffman Estates | Jan 14 | (1,116) | (1,054) | (3,120) | 297 | 99 | 902 |
Total all 66 | 48,945 | 37,623 | 34,748 | 18,288 | 7,270 | 29,879 | ||
Annual Earnings Increase % | ||||||||
…..2013 and 2008 | 573% | |||||||
…..2013 and 2007 | 64% |