So just how have these 47 largest Colorado Companies done on the earnings front before, during and after the 2008 financial meltdown? Just absolutely off-the-charts earnings improvement.
The 2014 Total Audited Net Income from Continuing Operations of these 47 largest Colorado Companies was $8.416 bil, an increase of an exceptionally off-the-charts 1,451% over the $0.623 bil comparable Total Losses generated by these same companies in their 2008 fiscal year ends.
So if the question to answer is how much better off are these largest Colorado Companies now than they were during their 2008 financial meltdown fiscal years, the answer is more than 14 times better as audited earnings under US generally accepted accounting principles (US GAAP) are measured by the very prestigious US accounting profession.
There has been something upwardly explosive happening with the Audited Earnings of Colorado Companies and among others, President Obama, Colorado Governor John Hickenlooper, Colorado US Senator Michael Bennet, Colorado Democratic US House Members Diana DeGette, Ed Perlmutter and Jared Polis, and the US Fed have all undoubtedly helped here.
Below here are the reported US GAAP Audited Net Income (Losses) of each of these 47 largest Colorado Companies for all of their fiscal years reported from 2008 through 2014:
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||
2014 | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||
Most | Net | Net | Net | Net | Net | Net | Net | ||
Recent | Income | Income | Income | Income | Income | Income | Income | ||
Colorado Companies | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
$ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | |||
Dish Network | Englewood | Dec | 929 | 837 | 663 | 1,516 | 985 | 635 | 903 |
DaVita HealthCare Partners | Denver | Dec | 863 | 744 | 641 | 577 | 484 | 479 | 421 |
Western Union | Englewood | Dec | 852 | 798 | 1,026 | 1,165 | 910 | 849 | 919 |
SM Energy Co | Denver | Dec | 666 | 171 | (54) | 215 | 197 | (99) | 87 |
Liberty Interactive | Englewood | Dec | 578 | 554 | 605 | 587 | 836 | (37) | |
Molson Coors Brewing | Denver | Dec | 517 | 571 | 438 | 675 | 670 | 732 | 403 |
Cimarex Energy Co | Denver | Dec | 507 | 565 | 354 | 530 | 575 | (312) | (915) |
Ball Corp | Broomfield | Dec | 498 | 435 | 422 | 469 | 549 | 391 | 315 |
Arrow Electronics | Englewood | Dec | 498 | 400 | 507 | 599 | 480 | 124 | (614) |
Chipotle Mexican Grill | Denver | Dec | 445 | 327 | 278 | 215 | 179 | 127 | 78 |
DCP Midstream Partners LP | Denver | Dec | 437 | 217 | 229 | 119 | 72 | (2) | 189 |
Liberty Media | Englewood | Dec | 395 | 8,991 | 1,160 | 593 | 997 | 637 | (2,289) |
Newmont Mining | Greenwood Village | Dec | 369 | (2,856) | 2,187 | 1,108 | 3,144 | 2,109 | 1,147 |
Level 3 Communications | Broomfield | Dec | 314 | (109) | (422) | (827) | (621) | (624) | (321) |
IHS Inc | Englewood | Nov | 195 | 132 | 158 | 135 | 134 | 125 | 51 |
Woodward | Fort Collins | Sep | 166 | 146 | 142 | 132 | 111 | 94 | 123 |
MarkWest Energy Partners LP | Denver | Dec | 160 | 40 | 217 | 106 | 31 | (113) | 205 |
Janus Capital Group | Denver | Dec | 155 | 122 | 112 | 153 | 169 | (744) | 147 |
EchoStar | Englewood | Dec | 148 | 3 | 211 | 4 | 204 | 365 | (958) |
WhiteWave Foods | Denver | Dec | 140 | 99 | 113 | 114 | 81 | 61 | 66 |
Envision Healthcare | Greenwood Village | Dec | 120 | 11 | 41 | 34 | 132 | 115 | 85 |
PDC Energy Inc | Denver | Dec | 107 | (21) | (19) | 3 | 6 | (80) | 106 |
Air Methods | Englewood | Dec | 99 | 63 | 93 | 47 | 43 | 27 | 16 |
Innospec | Littleton | Dec | 84 | 78 | 67 | 49 | 74 | 6 | 13 |
TeleTech Holdings | Englewood Cliffs | Dec | 71 | 71 | 74 | 78 | 76 | 76 | 77 |
Apartment Investment & Management | Denver | Dec | 67 | 35 | (19) | (142) | (164) | (198) | (118) |
Whiting Petroleum | Denver | Dec | 65 | 366 | 414 | 492 | 337 | (107) | 252 |
MDC Holdings | Denver | Dec | 63 | 314 | 63 | (98) | (65) | 25 | (381) |
Royal Gold Inc | Denver | Jun | 63 | 73 | 98 | 77 | 29 | 41 | 25 |
DCT Industrial Trust | Denver | Dec | 47 | (9) | (29) | (36) | (42) | (26) | (16) |
Advanced Energy Industries | Ft Collins | Dec | 47 | 32 | 20 | 37 | 54 | (102) | (7) |
CoreSite Realty | Denver | Dec | 40 | 32 | 11 | (11) | (12) | (7) | (14) |
CSG Systems | Englewood | Dec | 37 | 51 | 49 | 42 | 22 | 42 | 53 |
Red Robin Gourmet Burgers | Greenwood Village | Dec | 33 | 32 | 28 | 21 | 7 | 18 | 27 |
Vail Resorts | Broomfield | Jul | 28 | 38 | 16 | 34 | 36 | 51 | 108 |
Berry Petroleum | Denver | Dec | 22 | 73 | 172 | (228) | 83 | 47 | 121 |
DigitalGlobal | Longmont | Dec | 19 | (68) | 39 | (28) | 3 | 47 | 54 |
Bonanza Creek Energy | Denver | Dec | 17 | 70 | 45 | 15 | 11 | (130) | 108 |
Antero Midstream Partners LP | Denver | Dec | 17 | (14) | (5) | (2) | |||
UDR Inc | Highlands Ranch | Dec | 16 | 2 | (46) | (112) | (116) | (97) | (67) |
Crocs Inc | Niwot | Dec | (5) | 10 | 131 | 113 | 68 | (42) | (185) |
Antero Resources | Denver | Dec | (24) | (24) | 225 | 271 | (60) | (60) | (43) |
Spectranetics | Colorado Springs | Dec | (41) | (0) | 2 | 1 | (13) | (13) | (4) |
Array Biopharma | Boulder | Dec | (85) | (62) | (24) | (56) | (78) | (128) | (96) |
Clovis Oncology | Boulder | Dec | (160) | (85) | (74) | (56) | (38) | (17) | |
Zayo Group Holdings | Boulder | Jun | (182) | (146) | (10) | (7) | (14) | (10) | |
Liberty Global | Englewood | Dec | (981) | (882) | (584) | (802) | (977) | (255) | (694) |
Total all 47 Colorado Companies | 8,416 | 12,227 | 9,765 | 7,921 | 9,589 | 4,020 | (623) | ||
Earnings % Increase | |||||||||
….. 2014 Over 2008 | 1,451% |