Friday, March 13, 2015

149 US Broad-Based Manufacturing Corps With Stock Market Caps Between $3-10 Bil 2014 and 2013 Audited Earnings Combined Were Up 1,404% Over 2009 and 2008 Earnings Combined Under Ben Bernanke's Reign as US Fed Chair

Former US Fed Chair Ben Bernanke will be delivering a key economic presentation at the University of Southern Indiana in Evansville, Indiana on March 23, 2015.  It is open to the public and free of charge.  

Thus, as a backdrop for this upcoming speech and continuing a much deserved tribute to Bernanke's key role in helping the US avoid a Deep, Prolonged Financial Depression, I think it would be helpful to update just what has been going on with the Audited Earnings since the disastrous 2008 Financial Meltdown of the US Broad-Based Manufacturing Companies with Stock Market Caps between $3 and $10 bil.

Below here are the Audited Earnings (Losses) From Continuing Operations of each of these 149 US Broad-Based Manufacturers with total stock market capitalizations of between $3 bil and $10 bil for each of the fiscal year ends from 2007 through 2014:





2014 2013 2012 2011 2010 2009 2008 2007




Audited Audited Audited Audited Audited Audited Audited Audited



Net Net Net Net Net Net Net Net
US Broad-Based City
2014 Income Income Income Income Income Income Income Income
Manufacturing Companies HQs
FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)


mil $s mil $s mil $s mil $s mil $s mil $s mil $s mil $s












Goodyear Tire & Rubber Akron OH Dec        2,521           675           237           417          (164)          (364)            (23)           190
Masco Corp Taylor MI Dec           908           323            (18)          (423)          (981)            (92)          (327)           539
Trinity Industries Dallas TX Dec           709           386           252           147              75          (138)           282           290
Lear Corporation Southfield MI Dec           702           456        1,317           570           461          (648)          (664)           267
Westlake Chemical Houston TX Dec           685           610           386           259           221              53            (30)           115
Celanese Corp Irving TX Dec           627        1,101           376           606           426           494           370           327
KLA-Tencor Milpitas CA Jun           583           543           756           794           212          (523)           359           528
Flowserve Irving TX Dec           525           488           451           429           389           428           445           258
Ball Corp Broomfield CO Dec           498           435           422           469           549           391           315           282
Rock-Tenn Norcross GA Sep           484           733           252           146           231           226              82              82
Crown Holdings Philadelphia PA Dec           475           428           664           396           452           450           330           601
Polaris Industries Medina MN Dec           454           381           312           228           147           101           117           113
Snap-on Kenosha WI Dec           432           360           315           284           193           144           244           194
Colfax Annapolis Junction MD Dec           420           209            (42)                5              16              24                1              66
International Flavors & Fragances New York NY Dec           415           354           254           267           164           196           230           247
FMC Corp Philadelphia PA Dec           412           467           463           414           219           257           347           166
AGCO Corp Duluth GA Dec           404           592           516           585           220           135           386           233
Varian Medical Systems Palo Alto CA Sep           404           438           427           409           367           331           295           243
First Solar Tempe AZ Dec           397           353            (96)            (39)           664           640           348           158
Microchip Technology Chandler AZ May           395           127           337           429           217           246           297           357
Packaging Corp America Lake Forest IL Dec           393           441           160           158           205           266           136           170
SPX Corp Charlotte NC Dec           380           201          (165)           185           192              49           259           290
Reliance Steel & Aluminum Los Angeles CA Dec           376           325           408           349           194           149           484           408
Teredata Dayton OH Dec           367           377           419           353           301           254           250           200
Flextronics San Jose CA Mar           366           303           521           596              19      (6,136)          (681)           282
Ingredion Westchester IL Dec           363           403           434           423           176              47           275           203
SpiritAeroSystems Wichita KS Dec           359          (621)              35           192           219           192           265           297
Energizer Holdings St. Louis MO Sep           356           407           409           261           403           298           329           321
Maxim Integrated Products   San Jose CA Jun           355           452           355           489           125              10           318           286
Huntsman Salt Lake City UT Dec           353           154           378           251              (9)           125           512              61
Airgas Radnor PA Mar           351           341           313           250           196           261           227           157
Westinghouse Air Brake Technologies Wilmerding PA Dec           351           292           252           170           123           115           131           109
Valspar Minneapolis MN Oct           345           289           292          (139)           222           160           151           172
Resmed San Diego CA Jun           345           307           255           227           190           146           110              66
Dana Holding Maumee OH Dec           343           261           315           232              15          (435)          (959)          (423)
Mettler-Toledo Intl Columbus OH Dec           338           306           291           269           232           173           203           179
Xylem Rye Brook NY Dec           337           228           297           279           329           263           224           219
Joy Global Milwaukee WI Oct           331           534           767           631           461           455           373           280
Hubbell Shelton CT Dec           327           330           302           270           219           181           223           208
Dentsply Intl York PA Mar           323           318           318           247           267           274           283           260
Pitney Bowes Stamford CT Dec           318           306           397           370           329           453           468           380
Marvell Technology Santa Clara CA Jan           315           307           615           904           353           147          (114)            (12)
F5 Networks Seattle WA Sep           311           277           275           241           151              92              74              77
Oshkosh Oshkosh  WI Sep           309           316           246           273           793      (1,167)           287           285
RPM International Medina OH May           306           110           234           203           181           120              44           208
WABCO Holdings Piscataway NJ Dec           301           662           313           368          (214)              24           216           128
Gentex Zeeland MI Dec           289           223           169           165           138              65              62           122
Sensata Technologies Attleboro MA Dec           284           188           177                6           130            (27)          (114)          (234)
MeadWestvaco Richmond VA Dec           280           319           156           262           266           240              80           266
IDEX Corp Lake Forest IL Dec           279           255              38           194           157           113           127           154
WR Grace Columbia MD Dec           277           258              41           269           207              81           137           113
Cooper Companies Pleasanton CA Oct           272           297           249           175           113           101              64            (13)
Tenneco Lake Forest IL Dec           270           222           304           183              63            (54)          (405)                5
Donaldson Minneapolis MN Jul           260           247           264           225           166           132           172           151
Sealed Air Elmwood Park NJ Dec           258              95      (1,619)           149           256           244           180           353
Lincoln Electric Cleveland OH Dec           254           292           257           217           132              49           212           203
Carlisle Charlotte NC Dec           252           235           229           182           131           155              92           202
Avery Dennison Glendale CA Dec           251           244           158           154           242          (835)           153           172
Internation Game Technology Las Vegas NV Sep           248           273           250           292           220           149           342           508
Nordson Westlake OH Oct           247           222           225           222           168          (160)           118              91
Jarden Corp Boca Raton FL Dec           243           204           244           205           107           129            (59)              28
Sonoco Products Hartsville SC Dec           240           220           196           218           201           155           157           212
Bemis Neenah WI Dec           239           193           149           187           210           153           172           185
Brocade Communication Syst San Jose CA Oct           238           209           195              51           117            (83)           166              66
Commscope Hickory NC Dec           237              19                5          (392)              44              78          (229)
Harmon Intl Stamford CT Jun           235           142           330           136              40          (422)              96           313
NewMarket Corp Richmond VA Dec           233           242           237           207           177           162              73              79
Albemarle Baton Rouge LA Dec           230           436           326           464           337           190           213           247
Allison Transmission Indianapolis IN Dec           229           165           514           103              30          (324)          (328)              42
Owens Corning Toledo OH Dec           228           205            (16)           281           940              67          (811)              29
Graco Minneapolis MN Dec           226           211           149           142           103              49           121           153
Leggett & Platt Carthage MO Dec           225           186           232           156           184           121           128              65
Teledyne Technologies Thousand Oaks CA Dec           216           185           163           142           120           116           117              86
Spectrum Brands Middleton WI Dec           215            (55)              49            (75)          (187)          (113)          (905)          (507)
Plum Creek Timber Seattle WA Dec           214           214           236           193           213           236           233           280
Trimble Navigation Sunnyvale CA Dec           214           218           190           149           104              64           141           117
Tupperware Brands Orlando FL Dec           214           274           193           218           226           175           161           117
Dolby Laboratories San Francisco CA Sep           209           190           265           311           283           244           201           244
Hexcel Stamford CT Dec           209           188           164           136              77              56           111              63
AO Smith Milwaukee WI Dec           208           170           163           111              57              61              47              63
Lennox International Richardson TX Dec           208           180           135              88           117              62           124           166
Deluxe Shoreview OH Dec           200           187           170           145           153              99           106           145
FLIR System Wilsonville OR Dec           200           177           225           223           248           230           201           134
IPG Photonics Oxford MA Dec           200           156           148           121              54                5              38              32
Brunswick Lake Forest IL Dec           195           757           125              72          (111)          (586)          (788)              80
Crane Stamford CT Dec           194           221           196              27           154           134           135            (62)
Middleby Corp Elgin IL Dec           193           154           121              95              73              61              64              53
AptarGroup Crystal Lake IL Dec           192           172           162           184           174           125           154           139
ON Semiconductor Phoenix AZ Dec           192           154            (93)              15           293              63          (429)           205
ITT White Plains NY Dec           191           490           110          (578)          (132)          (111)              32              61
Teleflex Wayne PA Dec           191           152          (182)           122              90           127              61            (75)
NCR Duluth GA Dec           185           456           475              49           119              65           230           171
SunPower Corp San Jose CA Dec           183              34          (352)          (604)           167              33          (124)              28
MICROS Systems Columbia MD Jun           182           172           167           145           115              98           102              81
Silgan Holdings Stamford CT Dec           182           185           151           193           145           159           125           127
THOR Industries Elkhart IN Jul           176           152           111           106           110              17              93           135
Acuity Brands Atlanta GA Aug           175           127           116           106              80              85           149           129
Generac Holdings Waukesha WI Dec           175           175              93           325              57              43          (556)            (10)
The Toro Company Bloomington MN Oct           174           155           130           118              93              63           120           142
KapStone Paper & Packaging Northbrook IL Dec           172           127              63           124              65              80              20              27
Curtiss Wright Charlotte NC Dec           170           138           104           130           107              95           109           104
Esterline Technologies Bellevue WA Oct           167           173           114           134           130           106           112              86
Woodward Fort Collins CO Sep           166           146           142           132           111              94           122              98
Scotts Miracle-Gro Marysville OH Sep           165           159           112           122           201           133              32           130
PerkinElmer Waltham MA Dec           162           174              71                1           139              73              45           102
Cadence Design Systems San Jose CA Dec           159           164           440              72           127          (150)      (1,857)           287
Martin Marietta Materials Raleigh NC Dec           154           120              87              80              99              85           173           255
Timken Canton OH Dec           149           176           332           457           270            (66)           283           211
B/E Aerospace & KXL Wellington FL Dec           146           366           234           228           143           142           (99)           147
Clarcor Franklin TN Nov           144           118           123           124              96              72              96              91
Cytec Industries West Patterson NJ Dec           144           172              76           168           145            (11)          (205)           207
Heico Corp Hollywood FL Oct           139           125           107              95              72              60              67              55
Visteon Van Buren Township MI Dec           137           785           229           154           168           184          (647)          (305)
Steris Mentor OH Mar           129           160           136              51           128           111              77              81
National Instruments Austin TX Dec           126              81              90              94           109              17              85           107
Owens-Illinois Perrysburg OH Dec           126           215           220          (481)           295           132           225           296
Cree Durham NC Jun           124              87              44           147           152              31              32              50
Dresser-Rand Group Houston TX Dec           124           169           183           120           147           211           198           107
Eagle Materials Dallas TX Mar           124              58              19              14              29              42              98           203
Cognex Natick MA Dec           121              74              68              70              61              (5)              30              28
Tempur Sealy Lexington KY Dec           110              79           107           220           157              85              59           141
FEI Company Hillsboro OR Dec           105           127           115           104              54              23              18              46
Armstrong World Industries Lancaster PA Dec           102           127           159           112              11              78              80           153
US Steel Pittsburgh PA Dec           102      (1,645)          (125)            (53)          (482)      (1,406)        2,154           890
Bally Technologies Las Vegas NV Jun           100           140           101              98           110           120           100              15
Steel Dynamics Fort Wayne IN Dec              92           164           142           266           130            (11)           455           394
Graphic Packaging Holding Atlanta GA Dec              89           147           120           275              11              56            (99)            (49)
Sensient Technologies Milwaukee WI Dec              82           114           125           120           107              87              91              78
Teradyne North Reading MA Dec              81           165           217           348           375          (135)          (401)              75
PolyOne Avon Lake OH Dec              77              93              53           173           163           107          (417)              41
Biomet Warsaw IN May              76          (623)          (459)          (849)            (48)          (749)      (1,019)           336
Belden St. Louis MO Dec              74           105              43           115              69              (7)          (317)           136
Ashland Covington KY Sep              72           553              14              56              88          (240)              87           257
Riverbed Technology San Francisco CA Dec              71            (12)              55              64              34                7              11              15
Berry Plastics Group Evansville IN Sep              63              57                2          (299)          (113)           148          (138)          (128)
Bruker Billerica MA Dec              60              82              78              94              97              81              65              99
USG Corp Chicago IL Dec              39              48          (182)          (390)          (405)          (787)          (463)              77
Regal-Beloit Beloit WI Dec              36           126           200           158           155              99           129           118
Atmel San Jose CA Dec              35            (22)              30           315           423          (109)            (27)              48
Babcock & Wilcox Charlotte NC Dec              21           333           218           162           154           148           324           215
Hologic Bedford MA Sep              17      (1,173)            (74)           157            (63)      (2,217)          (416)              95
RF Micro Devices Greensboro NC Mar              13            (53)                1           125              71          (888)              (3)              83
3D Systems Corp Rock Hill SC Dec              12              44              39              35              20                1              (6)              (7)
Allegheny Technologies Pittsburgh PA Dec              10            (91)           160           223              79              38           574           754
Jabil Circuit St Petersburg FL Aug              (2)           319           334           383           171      (1,166)           132              73
VeriFone Systems San Jose CA Oct            (36)          (295)              66           282              99          (157)          (411)            (37)
Cepheid Sunnyvale CA Dec            (50)            (18)            (20)                3              (6)            (23)            (22)            (22)
Juniper Networks Sunnyvale CA Dec          (334)           440           187           425           619           115           512           361
SunEdison St Peters MO Dec      (1,272)          (614)          (149)      (1,520)              48            (70)           390           830












Total all 149


     36,073      31,031      27,458      24,272      22,443      (4,330)        8,792      23,177












Two Year Audited Earnings










…2014 and 2013


     67,104






…2009 and 2008


       4,462






…..% Increase


1,404%