And US House Minority Leader Nancy Pelosi is the key Democrat in the US House who will be determining whether the critical Trade Promotion Authority (TPA) gets passed quickly in the US House next week.
Since Paul Ryan represents Wisconsin, I think it would be helpful in this post to research how Wisconsin Companies have done on the Earnings Front since the 2008/2009 Financial Meltdown.
From a very thorough review of SEC filings, I found 48 Companies headquartered in the US State of Wisconsin with Stock Market Capitalizations now of at least $100 mil or the equivalent and which have also filed financial statements with the SEC which included earnings disclosures for all fiscal years from 2008 through the most recent year 2014.
So just how have these 48 largest Wisconsin Companies done on the earnings front before, during and after the 2008 financial meltdown? Just great.
The Two Year Total Audited Net Income from Continuing Operation of these 48 largest Wisconsin Companies was a huge $16.240 bil in their Two Most Recent Fiscal Years 2014 and 2013 Combined, an increase of an exceptional $13.234 bil, or up a very robust 440% over the $3.006 bil Two Year Combined Total Earnings generated by these same 48 companies in their 2009 and 2008 fiscal year ends.
Also, these 48 largest Wisconsin Companies generated Total Audited Earnings in 2014 which was an increase of a very robust 17% over 2013.
Below here are the US GAAP Audited Net Income (Losses) of each of these 48 largest Wisconsin Companies for all of their fiscal years from 2008 through 2014:
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||
| Most | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||
| Recent | Net | Net | Net | Net | Net | Net | Net | ||
| City | 2014 | Income | Income | Income | Income | Income | Income | Income | |
| Wisconsin Company | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
| mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | |||
| Johnson Controls | Milwaukee | Sep | 1,553 | 1,191 | 1,225 | 1,741 | 1,566 | (350) | 1,003 |
| Kohl's | Menomonee Falls | Jan 15 | 867 | 889 | 986 | 1,167 | 1,120 | 973 | 857 |
| Harley-Davidson | Milwaukee | Dec | 845 | 734 | 624 | 548 | 260 | 71 | 684 |
| Rockwell Automation | Milwaukee | Sep | 827 | 756 | 737 | 697 | 440 | 218 | 578 |
| Fiserv | Brookfield | Dec | 754 | 650 | 592 | 491 | 506 | 473 | 358 |
| Snap-on | Kenosha | Dec | 432 | 360 | 315 | 284 | 193 | 144 | 244 |
| ManpowerGroup | Milwaukee | Dec | 428 | 288 | 198 | 252 | (264) | (9) | 206 |
| Joy Global | Milwaukee | Oct | 331 | 534 | 767 | 631 | 461 | 455 | 373 |
| Oshkosh Corp | Oshkosh | Sep | 309 | 316 | 246 | 273 | 793 | (1,167) | 289 |
| CNH Industrial Capital | Racine | Dec | 259 | 266 | 214 | 202 | 162 | 116 | 89 |
| MGIC Investment | Milwaukee | Dec | 252 | (50) | (927) | (486) | (364) | (1,322) | (525) |
| Bemis | Neenah | Dec | 239 | 193 | 149 | 187 | 210 | 153 | 172 |
| Artisan Partners Asset Management | Milwaukee | Dec | 239 | (234) | 43 | 130 | 43 | 48 | 183 |
| Spectrum Brands Holdings | Middleton | Sep | 215 | (55) | 49 | (75) | (187) | (113) | (905) |
| AO Smith | Milwaukee | Dec | 208 | 170 | 163 | 111 | 57 | 61 | 47 |
| Associated Banc-Corp | Green Bay | Dec | 191 | 189 | 179 | 140 | (1) | (132) | 168 |
| Generac Holdings | Waukesha | Dec | 175 | 175 | 93 | 325 | 57 | 43 | (556) |
| Manitowoc | Manitowoc | Dec | 161 | 189 | 109 | 22 | (75) | (613) | 101 |
| Actuant | Menomonee Falls | Aug | 141 | 148 | 125 | 124 | 70 | 26 | 126 |
| Rexnord | Milwaukee | Mar 15 | 92 | 25 | 47 | 30 | (51) | 88 | (429) |
| Plexus | Neenah | Sep | 87 | 82 | 62 | 89 | 90 | 46 | 84 |
| Sensient Technologies | Milwaukee | Dec | 82 | 114 | 125 | 120 | 107 | 87 | 91 |
| Lands' End | Dodgeville | Jan 15 | 74 | 79 | 50 | 76 | 121 | 128 | 135 |
| Roadrunner Transportation Services | Cudahy | Dec | 52 | 49 | 38 | 26 | 4 | 0 | (3) |
| Douglas Dynamics | Milwaukee | Dec | 40 | 12 | 6 | 19 | 2 | 10 | 11 |
| Journal Communications | Milwaukee | Dec | 39 | 26 | 33 | 22 | 31 | 5 | (227) |
| Regal Beloit | Beloit | Dec | 36 | 126 | 200 | 158 | 155 | 99 | 129 |
| Badger Meter | Milwaukee | Dec | 30 | 25 | 28 | 19 | 29 | 27 | 25 |
| Marten Transport | Mondovi | Dec | 30 | 30 | 27 | 24 | 20 | 16 | 18 |
| Briggs & Stratton | Wauwatosa | Jun | 28 | (34) | 29 | 24 | 37 | 32 | 23 |
| National Presto Industries | Eau Claire | Dec | 26 | 41 | 39 | 48 | 64 | 63 | 44 |
| Modine Manufacturing | Racine | Mar 15 | 22 | 132 | (23) | 38 | 9 | (20) | (104) |
| The Marcus Corp | Milwaukee | May | 21 | 23 | 23 | 14 | 16 | 17 | 20 |
| Weyco Group | Milwaukee | Dec | 20 | 18 | 20 | 16 | 14 | 13 | 17 |
| STRATTEC Security | Milwaukee | Jun | 19 | 12 | 12 | 8 | 4 | (7) | 3 |
| Quad/Graphics | Sussex | Dec | 18 | 31 | 56 | (8) | (245) | 53 | 109 |
| Bank Mutual Corp | Milwaukee | Dec | 15 | 11 | 7 | (48) | (73) | 14 | 17 |
| Anchor BanCorp Wisconsin | Madison | Dec | 15 | 78 | (34) | (37) | (41) | (177) | (231) |
| Waterstone Financial | Wauwatosa | Dec | 13 | 15 | 35 | (7) | (2) | (10) | (26) |
| Nicolet Bankshares | Green Bay | Dec | 10 | 16 | 3 | 2 | 1 | 1 | 0 |
| Baylake Corp | Sturgeon Bay | Dec | 9 | 8 | 8 | 4 | 1 | 4 | (10) |
| Johnson Outdoors | Racine | Sep | 9 | 19 | 10 | 33 | 7 | (10) | (68) |
| Twin Disc Inc | Racine | Jun | 4 | 4 | 27 | 19 | 1 | 12 | 24 |
| Wausau Paper | Mosinee | Dec | (18) | (28) | (2) | (22) | 37 | 21 | (16) |
| Magnetek | Menomonee Falls | Dec | (26) | 4 | 7 | 5 | (3) | 5 | 7 |
| Brady | Milwaukee | Jul | (48) | (138) | 103 | 109 | 82 | 70 | 132 |
| Exact Sciences | Madison | Dec | (100) | (47) | (52) | (29) | (12) | (9) | (10) |
| Roundys Inc | Milwaukee | Dec | (253) | 26 | (76) | 48 | 46 | 47 | 49 |
| Total all 48 | 8,772 | 7,468 | 6,695 | 7,564 | 5,498 | (300) | 3,306 | ||
| 2 Year Earnings: | |||||||||
| …2014 and 2013 | 16,240 | ||||||||
| …2009 and 2008 | 3,006 | ||||||||
| …..2 Year Earnings Improvement | 13,234 | ||||||||
| …………% Increase | 440% | ||||||||
| Annual Earnings % Increase: | |||||||||
| …2014 Over 2013 | 17% | ||||||||
| …2014 Over 2012 | 31% | ||||||||
