- Up 6% Over 2013
- Up 26% Over 2012
- Up 33% Over 2011
- Up 55% Over 2010
- Up 137% Over 2009
- Up 288% Over 2008
I excluded all US Utility Companies.
How have these 100 second largest US Companies recovered from the 2008 worldwide financial meltdown? Well, miraculously. Their Total Audited Earnings From Continuing Operations are up substantially in every year since 2008.
It is pretty clear to me that the major drivers of this wholescale, massive earnings recovery were prescient steps taken by the Obama/Biden 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/Biden Administration. The only way that is assured is if Joe Biden is the next US President.
There is a huge difference between someone running for President saying he or she will continue the Obama/Biden highly successful economic policies and someone actually sitting at the table and being a key participant in these economic policies for 8 years. Just sayin.
Below here are the reported Audited Earnings (Losses) From Continuing Operations for each of these second 100 largest US Companies for all years reported from 2008 through 2014, presented in order of stock market cap:
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||
Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||||
Most | Net | Net | Net | Net | Net | Net | Net | |||
City | State | Recent | Income | Income | Income | Income | Income | Income | Income | |
US Largest Companies: #101-200 | HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
$ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
Carnival Corp | Miami | FL | Nov14 | 1,236 | 1,078 | 1,298 | 1,912 | 1,978 | 1,790 | 2,324 |
Aetna | Hartford | CT | Dec14 | 2,045 | 1,912 | 1,660 | 1,986 | 1,767 | 1,277 | 1,384 |
Adobe Systems | San Jose | CA | Nov14 | 268 | 290 | 833 | 833 | 775 | 387 | 872 |
The Blackstone Group LP | New York | NY | Dec14 | 3,696 | 2,893 | 830 | (268) | (607) | (2,391) | (5,594) |
LyondellBasell | Houston | TX | Dec14 | 4,172 | 3,860 | 2,858 | 2,140 | 1,380 | (2,871) | (7,343) |
Capital One Financial | McLean | VA | Dec14 | 4,423 | 4,354 | 3,709 | 3,253 | 3,050 | 987 | 85 |
Kimberly-Clark | Dallas | TX | Dec14 | 1,545 | 2,018 | 1,627 | 1,684 | 1,943 | 1,994 | 1,829 |
Anthem | Indianapolis | IN | Dec14 | 2,560 | 2,634 | 2,651 | 2,647 | 2,887 | 4,746 | 2,491 |
American Tower | Boston | MA | Dec14 | 803 | 482 | 594 | 382 | 374 | 239 | 236 |
Cognizant Technology Solutions | Teaneck | NJ | Dec14 | 1,439 | 1,229 | 1,051 | 884 | 734 | 535 | 431 |
Alexion Phramaceuticals | Cheshire | CT | Dec14 | 657 | 253 | 255 | 175 | 97 | 295 | 33 |
Charles Schwab | San Francisco | CA | Dec14 | 1,321 | 1,071 | 928 | 864 | 454 | 787 | 1,230 |
Stryker | Kalamazoo | MI | Dec 14 | 515 | 1,006 | 1,298 | 1,345 | 1,273 | 1,107 | 1,148 |
Delta Airlines | Atlanta | GA | Dec 14 | 659 | 10,540 | 1,009 | 854 | 593 | (1,237) | (8,922) |
Automatic Data Processing | Roseland | NJ | Jun 15 | 1,377 | 1,243 | 1,122 | 1,380 | 1,245 | 1,207 | 1,325 |
Cigna | Bloomfield | CT | Dec 14 | 2,094 | 1,478 | 1,624 | 1,261 | 1,283 | 1,304 | 290 |
Las Vegas Sands | Las Vegas | NV | Dec 14 | 3,588 | 2,955 | 1,882 | 1,883 | 782 | (369) | (168) |
Public Storage | Glendale | CA | Dec 14 | 1,150 | 1,058 | 930 | 833 | 688 | 798 | 982 |
Kroger | Cincinnati | OH | Jan15 | 1,747 | 1,531 | 1,508 | 596 | 1,133 | 57 | 1,250 |
Avago Technologies | San Jose | CA | Oct14 | 309 | 552 | 563 | 552 | 415 | (44) | 57 |
Williams Companies | Tulsa | OK | Dec 14 | 2,335 | 679 | 929 | 1,078 | 271 | 346 | 682 |
Yum! Brands | Louisville | KY | Dec 14 | 1,021 | 1,064 | 1,608 | 1,335 | 1,178 | 1,083 | 972 |
HCA Holdings | Nashville | TN | Dec 14 | 2,373 | 1,996 | 2,006 | 2,842 | 1,573 | 1,375 | 902 |
Prudential Financial | Newark | NJ | Dec 14 | 1,426 | (567) | 555 | 3,603 | 2,979 | 3,129 | (1,156) |
T-Mobile US | Bellevue | WA | Dec 14 | 247 | 35 | (7,336) | 301 | 193 | 177 | 149 |
General Mills | Minneapolis | MN | May15 | 1,259 | 1,861 | 1,893 | 1,567 | 1,798 | 1,535 | 1,314 |
Tesla Motors | Palo Alto | CA | Dec 14 | (294) | (74) | (396) | (254) | (154) | (56) | (83) |
VMware | Palo Alto | CA | Dec 14 | 886 | 1,014 | 746 | 724 | 357 | 197 | 290 |
Andarko Petroleum | The Woodlands | TX | Dec 14 | (1,563) | 941 | 2,445 | (2,568) | 821 | (103) | 3,220 |
Ecolab | St Paul | MN | Dec 14 | 1,222 | 974 | 701 | 463 | 531 | 419 | 448 |
ACE Limited | Philadelphia | PA | Dec 14 | 2,853 | 3,758 | 2,706 | 1,540 | 3,085 | 2,549 | 1,197 |
Halliburton | Houston | TX | Dec 14 | 3,437 | 2,116 | 2,587 | 3,010 | 1,802 | 1,164 | 2,638 |
Broadcom | Irvine | CA | Dec 14 | 652 | 424 | 719 | 927 | 1,082 | 65 | 215 |
Raytheon | Waltham | MA | Dec 14 | 2,193 | 1,949 | 1,901 | 1,878 | 1,844 | 1,977 | 1,698 |
eBay Inc | San Jose | CA | Dec 14 | 46 | 2,856 | 2,609 | 3,229 | 1,801 | 2,389 | 1,779 |
Northrop Grumman | Falls Church | VA | Dec 14 | 2,069 | 1,952 | 1,978 | 2,086 | 1,904 | 1,573 | (1,379) |
Precision Castparts | Portland | OR | Mar 15 | 1,548 | 1,759 | 1,434 | 1,232 | 1,011 | 926 | 1,037 |
Thomson Reuters | New York | NY | Dec 14 | 1,959 | 175 | 2,040 | (1,396) | 844 | 844 | 1,320 |
Illinois Tool Works | Glenview | IL | Dec 14 | 1,890 | 1,630 | 2,233 | 2,017 | 1,452 | 969 | 1,624 |
Travelers | New York | NY | Dec 14 | 3,692 | 3,673 | 2,473 | 1,426 | 3,216 | 3,622 | 2,924 |
CME Group | Chicago | IL | Dec 14 | 1,127 | 978 | 907 | 1,814 | 952 | 826 | 716 |
Vertex Pharmaceuticals | Boston | MA | Dec 14 | (742) | (504) | 32 | 110 | (755) | (642) | (460) |
Illumina | San Diego | CA | Dec 14 | 353 | 125 | 151 | 87 | 125 | 72 | 39 |
Praxair | Danbury | CT | Dec 14 | 1,746 | 1,836 | 1,744 | 1,722 | 1,234 | 1,297 | 1,256 |
VFC Corp | Greensboro | NC | Dec 14 | 1,048 | 1,210 | 1,086 | 890 | 574 | 458 | 603 |
Valero Energy | San Antonio | TX | Dec 14 | 3,775 | 2,722 | 3,114 | 2,336 | 1,178 | (273) | (1,154) |
Emerson Electric | St Louis | MO | Sep14 | 2,184 | 2,066 | 2,024 | 2,504 | 2,031 | 1,762 | 2,520 |
American Airlines | Fort Worth | TX | Dec 14 | 2,882 | 821 | 332 | (1,861) | (471) | (1,468) | (2,118) |
Becton Dickinson | Franklin Lakes | NJ | Sep14 | 1,185 | 929 | 1,110 | 1,201 | 1,115 | 1,167 | 1,078 |
Estee Lauder | New York | NY | Jun15 | 1,093 | 1,209 | 1,024 | 861 | 704 | 482 | 227 |
Yahoo! | Sunnyvale | CA | Dec 14 | 7,532 | 1,377 | 3,951 | 1,063 | 1,245 | 605 | 425 |
Air Products & Chemicals | Allentown | PA | Sep14 | 989 | 1,043 | 1,025 | 1,172 | 967 | 651 | 1,114 |
DISH Network | Englewood | CO | Dec 14 | 929 | 837 | 663 | 1,516 | 985 | 635 | 903 |
State Street Corp | Boston | MA | Dec 14 | 2,037 | 2,136 | 2,061 | 1,920 | 1,556 | 1,803 | 1,811 |
Marsh & McLennan | New York | NY | Dec 14 | 1,471 | 1,379 | 1,204 | 982 | 565 | 531 | 381 |
Liberty Global | Englewood | CO | Dec14 | (981) | (882) | (584) | (802) | (977) | (255) | (694) |
Humana | Louisville | KY | Dec14 | 1,147 | 1,231 | 1,222 | 1,419 | 1,099 | 1,040 | 647 |
CSX Corp | Jacksonville | FL | Dec14 | 1,927 | 1,864 | 1,863 | 1,822 | 1,563 | 1,128 | 1,485 |
Monster Beverage | Corona | CA | Dec14 | 483 | 339 | 340 | 286 | 212 | 209 | 108 |
Cardinal Health | Dublin | OH | Jun15 | 1,212 | 1,163 | 335 | 1,070 | 966 | 587 | 758 |
Chubb | Warren | NJ | Dec14 | 2,100 | 2,345 | 1,545 | 1,678 | 2,174 | 2,183 | 1,804 |
Energy Transfer Equity LP | Dallas | TX | Dec14 | 1,489 | 735 | 1,757 | 700 | 623 | 792 | 866 |
L Brands | Columbus | OH | Jan15 | 1,042 | 903 | 753 | 850 | 805 | 448 | 216 |
Johnson Controls | Milwaukee | WI | Sep14 | 1,553 | 1,191 | 1,225 | 1,532 | 1,382 | (350) | 1,003 |
Mountain View | CA | Dec14 | 15 | 27 | 22 | 12 | 3 | (4) | (5) | |
Archer Daniels Midland | Decatur | IL | Dec14 | 2,253 | 1,354 | 1,242 | 2,018 | 1,919 | 1,688 | 1,786 |
Equity Residential | Chicago | IL | Dec14 | 657 | (168) | 160 | 84 | (83) | (58) | (106) |
Perrigo | Allegan | MI | Jun 15 | 128 | 205 | 442 | 393 | 341 | 224 | 141 |
Deere | Moline | IL | Oct 14 | 3,163 | 3,538 | 3,072 | 2,808 | 1,874 | 873 | 2,054 |
Southwest Airlines | Dallas | TX | Dec14 | 1,136 | 754 | 421 | 178 | 459 | 99 | 178 |
BB&T Corp | Winston Salem | NC | Dec14 | 2,226 | 1,729 | 2,028 | 1,332 | 854 | 877 | 1,529 |
Lorillard | Winston Salem | NC | Dec14 | 1,187 | 1,180 | 1,099 | 1,116 | 1,029 | 948 | 887 |
Crown Castle Intl | Houston | TX | Dec14 | 399 | 94 | 201 | 171 | (311) | (114) | (49) |
PPG Industries | Pittsburgh | PA | Dec14 | 1,157 | 973 | 680 | 1,095 | 769 | 336 | 538 |
IntercontinentalExchange Group | Atlanta | GA | Dec14 | 1,016 | 270 | 562 | 522 | 407 | 314 | 301 |
McGraw Hill Financial | New York | NY | Dec14 | (191) | 874 | 701 | 858 | 848 | 753 | 819 |
Constellation Brands | Victor | NY | Feb 15 | 836 | 1,943 | 388 | 445 | 560 | 99 | (301) |
Eaton Corp plc | Cleveland | OH | Dec14 | 1,803 | 1,873 | 1,220 | 1,352 | 937 | 385 | 1,067 |
Marathon Petroleum | Findlay | OH | Dec14 | 2,555 | 2,133 | 3,393 | 2,389 | 623 | 449 | 1,215 |
TE Connectivity Ltd | Berwyn | PA | Sep14 | 1,789 | 1,277 | 1,166 | 1,228 | 1,018 | (3,103) | 1,437 |
AFLAC | Columbus | GA | Dec14 | 2,951 | 3,158 | 2,866 | 1,964 | 2,344 | 1,497 | 1,254 |
O'Reilly Automotive | Springfield | MO | Dec14 | 778 | 670 | 586 | 508 | 419 | 307 | 186 |
Kellogg | Battle Creek | MI | Dec 14 | 633 | 1,808 | 961 | 864 | 1,280 | 1,208 | 1,146 |
Norfolk Southern | Norfolk | VA | Dec 14 | 2,000 | 1,910 | 1,749 | 1,916 | 1,496 | 1,034 | 1,716 |
Intuit | Mountain View | CA | Jul15 | 413 | 853 | 807 | 764 | 688 | 539 | 447 |
Health Care REIT | Toledo | OH | Dec 14 | 358 | 87 | 181 | 117 | 39 | 145 | 126 |
Hilton Worldwide Holdings | McLean | VA | Dec 14 | 673 | 415 | 352 | 253 | 128 | (532) | (5,663) |
Franklin Resources | San Mateo | CA | Sep14 | 2,412 | 2,171 | 1,916 | 1,821 | 1,451 | 904 | 1,588 |
Sysco | Houston | TX | Jun15 | 687 | 932 | 992 | 1,122 | 1,152 | 1,180 | 1,056 |
Williams Partners LP | Tulsa | OK | Dec 14 | 429 | 341 | 178 | 194 | 195 | 33 | 165 |
Baker Hughes | Houston | TX | Dec 14 | 1,731 | 1,103 | 1,317 | 1,743 | 819 | 421 | 1,635 |
Allstate | Northbrook | IL | Dec 14 | 2,850 | 2,280 | 2,306 | 788 | 928 | 854 | (1,679) |
Sherwin-Williams | Cleveland | OH | Dec 14 | 866 | 753 | 631 | 442 | 462 | 436 | 477 |
AmerisourceBergen | Chesterbrook | PA | Sep14 | 284 | 493 | 761 | 696 | 630 | 512 | 469 |
United Continental | Chicago | IL | Dec 14 | 1,132 | 571 | (723) | 840 | 253 | (651) | (5,396) |
General Growth Properties | Chicago | IL | Dec 14 | 398 | 329 | (427) | (315) | (862) | (527) | (78) |
Discover Financial Services | Riverwoods | IL | Dec 14 | 2,323 | 2,470 | 2,345 | 2,227 | 765 | 1,276 | 1,063 |
Incyte Corp | Wilmington | DE | Dec 14 | (48) | (83) | (44) | (187) | (32) | (212) | (179) |
Chipotle Mexican Grill | Denver | CO | Dec 14 | 445 | 327 | 278 | 215 | 179 | 127 | 78 |
Avalon Bay Communities | Arlington | VA | Dec 14 | 659 | 58 | 250 | 152 | 92 | 77 | 99 |
Total all 100 | 144,539 | 136,407 | 115,024 | 107,233 | 93,357 | 60,860 | 37,266 | |||
Annual Earnings % Changes: | ||||||||||
….. 2014 vs 2013 | 6% | |||||||||
….. 2014 vs 2012 | 26% | |||||||||
….. 2014 vs 2011 | 35% | |||||||||
….. 2014 vs 2010 | 55% | |||||||||
….. 2014 vs 2009 | 137% | |||||||||
….. 2014 vs 2008 | 288% | |||||||||
Two Year Total Earnings: | ||||||||||
….. 2013-14 | 280,946 | |||||||||
….. 2008-09 | 98,126 | |||||||||
………. 2 Year Increase | ||||||||||
………….. Amount | 182,820 | |||||||||
………….. % | 186% |
Next up ..... the third hundred largest US Companies ..... #201 through #300.