Thursday, May 28, 2015

Wisconsin Companies 2 Year 2014 and 2013 Audited Earnings Were $16.240 Bil, a $13.234 Bil Earnings Improvement, or Up 440% From the 2 Year 2009 and 2008 Audited Earnings of $3.006 Bil

US House of Representatives Ways and Means Chairman Paul Ryan is the key Republican in the US House who will be determining whether the critical Trade Promotion Authority (TPA) gets passed quickly in the US House next week.

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%