- Up 12% Over 2012
- Up 20% Over 2011
- Up 35% Over 2010
- Up 173% Over 2009
- Up 1,766% Over 2008
- Up 65% Over 2007
| Two Year Total Earnings: | |
| ….. 2013-14 | 2,375,299,000,000 |
| ….. 2008-09 | 342,126,000,000 |
| ………. Two Year Earnings Increase | |
| …………....... Amount | 2,033,172,000,000 |
| ………………...... % | 594% |
BUT 2014 Total Audited Earnings:
- Down 11% From 2013
Below here are the Total Audited Earnings (Losses) From Continuing Operations from these previous posts combined:
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |
| US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | US GAAP | |
| Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | |
| Net | Net | Net | Net | Net | Net | Net | Net | |
| Income | Income | Income | Income | Income | Income | Income | Income | |
| 100 US Company Largest Layer Totals | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
| $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | |
| 100 Largest (#1 - #100) | 627,653 | 650,857 | 568,947 | 581,687 | 516,202 | 357,164 | 170,905 | 402,626 |
| 100 Second Largest (#101 - #200) | 144,539 | 136,407 | 115,024 | 107,233 | 93,357 | 60,860 | 37,266 | 106,684 |
| 100 Third Largest (#201 - #300) | 81,724 | 82,233 | 68,773 | 70,945 | 65,910 | 19,030 | (38,903) | 19,666 |
| 100 Fourth Largest (#301 - #400) | 55,529 | 59,607 | 55,503 | 57,692 | 40,996 | 21,523 | (23,845) | 44,304 |
| 100 Fifth Largest (#401 - #500) | 43,898 | 50,358 | 45,318 | 34,244 | 35,203 | 33,719 | 801 | 26,959 |
| 100 Sixth Largest (#501 - #600) | 32,260 | 29,827 | 23,351 | 19,021 | 19,240 | 7,342 | (8,686) | 14,467 |
| 100 Seventh Largest (#601 - #700) | 28,767 | 26,057 | 16,585 | 10,383 | 19,483 | 243 | (8,105) | 15,296 |
| 100 Eighth Largest (#701 - #800) | 20,134 | 19,717 | 15,303 | 14,753 | 13,847 | 7,946 | (812) | 10,678 |
| 100 Ninth Largest (#801 - #900) | 15,949 | 13,542 | 13,128 | 10,687 | 8,349 | (1,334) | (6,866) | 8,627 |
| 100 Tenth Largest (#901 - #1000) | 10,890 | 10,572 | 7,648 | 3,669 | 6,329 | (1,150) | (4,915) | 5,671 |
| 100 Eleventh Largest (#1001 - #1100) | 20,452 | 92,556 | 25,552 | (10,903) | (6,253) | (68,687) | (60,691) | 9,266 |
| 100 Twelfth Largest (#1101 - #1200) | 7,413 | 6,638 | 7,461 | 5,247 | 3,234 | 1,963 | (4,683) | 3,812 |
| 100 Thirteenth Largest (#1201 - #1300) | 8,508 | 7,603 | 6,906 | 7,445 | 5,120 | 1,714 | (10,203) | 5,786 |
| 100 Fourteenth Largest (#1301 - #1400) | 3,743 | 3,551 | 4,631 | 4,656 | 5,836 | 892 | (531) | 4,876 |
| 100 Fifteenth Largest (#1401 - #1500) | 12,989 | 54,278 | 17,564 | (1,830) | (11,081) | (20,887) | (54,599) | (1,969) |
| 100 Sixteenth Largest (#1501 - #1600) | 5,940 | 2,783 | 4,296 | 1,431 | 2,758 | (344) | (4,220) | (584) |
| 100 Seventeenth Largest (#1601- #1700) | 699 | (1,246) | (1,659) | 4,907 | 2,268 | 1,309 | (6,937) | 1,389 |
| 100 Eighteenth Largest (#1701 - #1800) | 3,401 | 4,111 | (779) | 2,186 | 2,163 | (65) | (6,086) | (1,472) |
| 100 Nineteenth Largest (#1801 - #1900) | 1,430 | 1,805 | 2,524 | 2,773 | 3,066 | 1,080 | 252 | 3,559 |
| 100 Twenteeth Largest (#1901 - #2000) | 2,518 | 3,440 | 17 | (556) | 32 | (1,105) | (9,640) | (2,165) |
| 100 21st Largest (#2001 - #2100) | 1,658 | 1,658 | 1,457 | 919 | 638 | (512) | (2,028) | 279 |
| 100 22nd Largest (#2101 - #2200) | 1,591 | 1,420 | (692) | 740 | 299 | (804) | (2,351) | (280) |
| 100 23rd Largest (#2201 - #2300) | (7,472) | 222 | (410) | 2,184 | 1,832 | (613) | (3,001) | (712) |
| 100 24th Largest (#2301 - #2400) | (52) | 1,167 | 2,663 | 2,550 | 839 | 353 | (128) | 1,471 |
| 100 25th Largest (#2401 - #2500) | (272) | (470) | (171) | (372) | 245 | (5,851) | (12,092) | 60 |
| 100 26th Largest (#2501 - #2600) | (558) | 346 | (198) | 1,502 | 1,753 | (290) | (922) | (682) |
| 100 27th Largest (#2601 - #2700) | (2,342) | (760) | (16) | 1,144 | 114 | (2,180) | (2,155) | 993 |
| 100 28th Largest (#2701 - #2800) | (585) | (646) | (308) | (289) | (94) | (467) | (1,248) | 529 |
| 100 29th Largest (#2801 - #2900) | (950) | (315) | (580) | (502) | (462) | (781) | (1,266) | (277) |
| 100 30th Largest (#2901 - #3000) | (907) | (566) | (832) | (597) | (269) | (808) | (1,446) | 20 |
| Total 3000 Largest US Companies | 1,118,546 | 1,256,753 | 997,007 | 932,948 | 830,955 | 409,261 | (67,135) | 678,877 |
| Annual Earnings % Changes: | ||||||||
| ….. 2014 vs 2013 | -11% | |||||||
| ….. 2014 vs 2012 | 12% | |||||||
| ….. 2014 vs 2011 | 20% | |||||||
| ….. 2014 vs 2010 | 35% | |||||||
| ….. 2014 vs 2009 | 173% | |||||||
| ….. 2014 vs 2008 | 1766% | |||||||
| ….. 2014 vs 2007 | 65% | |||||||
| Two Year Total Earnings: | ||||||||
| ….. 2013-14 | 2,375,299 | |||||||
| ….. 2008-09 | 342,126 | |||||||
| ………. Two Year Earnings Increase | ||||||||
| ………….. Amount | 2,033,172 | |||||||
| ………………. % | 594% |
From the above nearly all audited by very prestigious Big 4 CPA Firms US GAAP earnings numbers, it should be clear that the 3,000 largest US Companies have recovered miraculously from the 2008 worldwide financial meltdown. And when the 3,000 largest US Companies registered $67 Bil of Total Losses in 2008, a financially astute person could only conclude that the US economy was headed for a deep, prolonged depression.
These $67 Bil of Total Losses in 2008 increase dramatically as company stock market caps decline. The Top 200 US Companies generated 2008 Total Earnings of $208 Bil, whereas the bottom 2,800 of these 3,000 (#201-3000) registered 2008 Total Losses of $275 Bil.
The Total Earnings of these US Companies were $679 bil in 2007, the peak year for Total US Company Earnings before the 2008 financial meltdown. With the 2008 financial meltdown, these 2007 Total Earnings of $679 bil dropped precipitously to 2008 Total Losses of $67 bil.
Then they started their rapid ascent, with 2009 Total Earnings of $409 bil and 2010 Total Earnings of $831 bil, thereby recouping the massive earnings loss and 22% more in only two years.
By 2014 these Total US Company Earnings were 65% higher than their previous annual high in 2007 before the financial meltdown hit.
It is pretty clear to me that the major drivers of this wholescale, massive earnings recovery from the disastrous 2008 financial meltdown were prescient steps taken by the Obama Administration and by the US Fed.
That's why financially astute people know that they want a continuation of the economic policies of the Obama Administration and Democratic US Senate and US House Candidates should run on these incredible economic accomplishments, instead of running away from the Obama Administration, with such a near-sighted strategy costing many of them dearly in past elections.
On the huge downside here, the Total Audited Earnings of these 3,000 largest US Companies for 2014 were down 11% from 2013.
And the smaller market cap US Companies have seen their 2014 Total Audited Earnings just collapse. The smallest 800 of these 3,000 largest US Companies registered Total Audited Losses of $13 bil in 2014, 13 Times as large as their 2013 Total Audited Losses of $1 bil.
This points to the clear necessity of both the TransPacific and TransAtlantic Trade Partnerships to pass. The last thing the US economy needs is a President against these two key Trade Agreements, which will drive the growth of company earnings globally for many years to come.
And this substantial lifting of the world's economies as well as of the world's underclass should also prove to be the single best way in the long run to deal with ISIS and other terrorist threats.
But guess what? The two leading Democratic Presidential candidates and the leading Republican candidate have all boldly announced that they are against the TransPacific Trade Partnership.
Since the US Congress has made it clear that it will not pass either substantial economic stimulus or corporate tax reform, all that is left to substantially spur company profit growth are wisely-designed Trade Agreements. I don't like saying this but absent the TransPacific and TransAtlantic Trade Agreements, just like what has happened in each of the most recent 7 quarters (1Q 2014 thru 3Q 2015), Total Year-Over-Year US GAAP Total Quarterly Earnings of US Companies will continue to decline, which will eventually also lead to continuing higher US unemployment and continuing hallowing out of the US middle class. US Companies don't hire employees when their earnings continue to decline. Instead, they lay people off, especially the higher paid middle income employees with excellent company-paid employee benefits. It's that simple.
And the same holds true of nearly all foreign companies.
