- Up 329% Over 2009
- Up 316% Over 2007
2008-09 Total Audited Losses.........$(20) Bil
Two-Year Earnings Improvement.....$184 Bil
From a review of the superb Google Finance Website and audited financial statements at the excellent SEC Website, presented below are the 100 third largest (#201 through #300) US Companies in current stock market capitalization which also had earnings numbers reported for all years from 2007 through 2014. These 100 Companies had their stock market caps range from $14.4 bil to $22.7 bil.
I excluded all US Utility Companies.
How have these 100 third largest US Companies recovered from the 2008 worldwide financial meltdown? Well, miraculously. Their Total Audited Earnings From Continuing Operations in 2014 are up a massive $120.6 bil over 2008.
Not only have the Total Audited Earnings of these third 100 largest US Companies recovered all that they lost with the 2008 financial meltdown, but they added another off-the-charts 316% from the previous annual high in 2007 before the financial meltdown hit.
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 third 100 largest US Companies for all years reported from 2007 through 2014, presented in order of stock market cap:
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||
Audited | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||||
Most | Net | Net | Net | Net | Net | Net | Net | Net | |||
City | State | Recent | Income | Income | Income | Income | Income | Income | Income | Income | |
US Largest Companies: #201-300 | HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
$ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
Activision Blizzard | Santa Monica | CA | Dec14 | 835 | 1,010 | 1,149 | 1,085 | 418 | 113 | (107) | 227 |
Waste Management | Houston | TX | Dec14 | 1,338 | 130 | 860 | 1,009 | 1,002 | 1,060 | 1,128 | 1,209 |
Boston Scientific Corp | Marlborough | MA | Dec14 | (119) | (121) | (4,068) | 441 | (1,065) | (1,025) | (2,036) | (495) |
Energy Transfer Partners LP | Dallas | TX | Dec14 | 1,489 | 735 | 1,757 | 700 | 623 | 792 | 866 | 939 |
AutoZone | Memphis | TN | Aug14 | 1,070 | 1,016 | 930 | 849 | 738 | 657 | 642 | 596 |
Delphi Automotive PLC | Troy | MI | Dec14 | 1,440 | 1,301 | 1,160 | 1,223 | 703 | (822) | (1,984) | (1,692) |
UnderArmour | Baltimore | MD | Dec14 | 208 | 162 | 129 | 97 | 68 | 47 | 38 | 53 |
Electronic Arts | Redwood City | CA | Mar15 | 875 | 8 | 98 | 76 | (276) | (677) | (1,088) | (454) |
Cerner Corp | Kansas City | MO | Dec14 | 525 | 398 | 397 | 307 | 237 | 193 | 189 | 127 |
Southern Copper | Phoenix | AZ | Dec14 | 1,338 | 1,624 | 1,941 | 2,344 | 1,563 | 935 | 1,414 | 2,227 |
Corning | Corning | NY | Dec14 | 2,472 | 1,961 | 1,636 | 2,805 | 3,558 | 2,008 | 5,257 | 2,150 |
Charter Communications | St Louis | MO | Dec14 | (183) | (169) | (304) | (369) | (237) | (1,734) | (2,447) | (1,527) |
Brown Forman | Louisville | KY | Apr15 | 684 | 659 | 591 | 513 | 572 | 449 | 435 | 440 |
Biomarin Pharmaceutical | Novato | CA | Dec14 | (134) | (176) | (114) | (54) | 206 | (0) | 31 | (16) |
Royal Caribbean Cruises | Miami | FL | Dec14 | 764 | 474 | 18 | 607 | 516 | 162 | 574 | 603 |
CBS Corp | New York | NY | Dec14 | 1,354 | 1,738 | 1,508 | 1,291 | 724 | 227 | (11,673) | 1,231 |
Dollar General | Goodlettsville | TN | Jan15 | 1,065 | 1,025 | 953 | 767 | 628 | 339 | 108 | (13) |
Cummins | Columbus | IN | Dec14 | 1,736 | 1,588 | 1,738 | 1,946 | 1,140 | 484 | 818 | 788 |
Sirius XM Holdings | New York | NY | Dec14 | 493 | 377 | 3,473 | 427 | 43 | (352) | (5,317) | (565) |
Fiserv | Brookfield | WI | Dec14 | 754 | 650 | 592 | 491 | 506 | 473 | 358 | 412 |
Moody's | New York | NY | Dec14 | 1,006 | 816 | 700 | 578 | 513 | 407 | 462 | 707 |
Zimmer Biomet Holdings | Warsaw | IN | Dec14 | 719 | 759 | 753 | 760 | 597 | 717 | 850 | 774 |
Pharmacyclics | Sunnyvale | CA | Dec14 | 86 | 67 | 12 | (35) | (15) | (23) | (24) | (26) |
Ross Stores | Dublin | CA | Jan15 | 925 | 837 | 787 | 657 | 555 | 443 | 305 | 261 |
Prologis | San Francisco | CA | Dec14 | 739 | 230 | (106) | (275) | (1,605) | (372) | (379) | 841 |
PACCAR | Bellevue | WA | Dec14 | 1,359 | 1,171 | 1,112 | 1,042 | 458 | 112 | 1,018 | 1,227 |
Baxter Intl | Deerfield | IL | Dec14 | 1,946 | 2,012 | 2,326 | 2,256 | 1,427 | 2,215 | 2,025 | 1,721 |
SunTrust Banks | Atlanta | GA | Dec14 | 1,785 | 1,361 | 1,984 | 660 | 206 | (1,552) | 807 | 1,647 |
Fidelity Natl Info Services | Jacksonville | FL | Dec14 | 718 | 515 | 558 | 495 | 390 | 109 | 123 | 238 |
Ameriprise Financial | Minneapolis | MN | Dec14 | 2,002 | 1,478 | 903 | 1,070 | 1,176 | 737 | (90) | 806 |
Applied Materials | Santa Clara | CA | Oct14 | 1,072 | 256 | 109 | 1,926 | 938 | (305) | 961 | 1,710 |
St Jude Medical | St Paul | MN | Dec14 | 955 | 692 | 752 | 826 | 907 | 777 | 353 | 538 |
Intuitive Surgical | Sunnyvale | CA | Dec14 | 418 | 671 | 657 | 495 | 382 | 233 | 204 | 145 |
Spectra Energy | Houston | TX | Dec14 | 1,283 | 1,159 | 1,045 | 1,257 | 1,123 | 919 | 1,195 | 1,002 |
Ventas | Chicago | IL | Dec14 | 457 | 491 | 308 | 362 | 219 | 193 | 178 | 138 |
FCA (Fiat Chrysler) US LLC | Auburn Hills | MI | Dec14 | 1,209 | 2,757 | 1,668 | 183 | (652) | (8,210) | (16,844) | (5,041) |
Liberty Interactive Group | Englewood | CO | Dec14 | 575 | 500 | 291 | 576 | 796 | 319 | (597) | 470 |
Marriott Intl | Bethesda | MD | Dec14 | 753 | 626 | 571 | 198 | 458 | (353) | 344 | 696 |
Hartford Financial Services Group | Hartford | CT | Dec14 | 1,349 | 1,225 | 220 | 256 | 1,642 | (710) | (2,774) | 2,917 |
ConAgra Foods | Omaha | NE | May15 | (607) | 174 | 698 | 397 | 715 | 625 | 530 | 582 |
Viacom | New York | NY | Sep14 | 2,464 | 2,449 | 2,385 | 2,183 | 1,876 | 1,655 | 1,274 | 1,625 |
Boston Properties | Boston | MA | Dec14 | 358 | 704 | 285 | 312 | 186 | 263 | 97 | 357 |
Pioneer Natural Resources | Irving | TX | Dec14 | 1,041 | (361) | 544 | 380 | 514 | (142) | 145 | 162 |
Progressive Corp | Mayfield Village | OH | Dec14 | 1,281 | 1,165 | 902 | 1,016 | 1,068 | 1,058 | (70) | 1,183 |
Macy's | Cincinnati | OH | Jan15 | 1,526 | 1,486 | 1,335 | 1,256 | 847 | 329 | (4,775) | 909 |
HCP Inc | Long Beach | CA | Dec14 | 907 | 911 | 801 | 550 | 321 | 103 | 228 | 136 |
T. Rowe Price Group | Baltimore | MD | Dec14 | 1,230 | 1,048 | 884 | 773 | 672 | 434 | 491 | 671 |
Sprint | Overland Park | KS | Mar15 | (3,345) | (1,860) | (4,353) | (2,890) | (3,465) | (2,436) | (2,796) | (29,444) |
Analog Devices | Norwood | MA | Oct14 | 629 | 673 | 651 | 861 | 711 | 247 | 525 | 502 |
TD Ameritrade | Omaha | NE | Sep14 | 787 | 675 | 586 | 638 | 592 | 644 | 804 | 646 |
Western Digital | Irvine | CA | Jun15 | 1,465 | 1,617 | 980 | 1,612 | 726 | 1,382 | 470 | 867 |
Vornado Realty Trust | New York | NY | Dec14 | 494 | 118 | 474 | 558 | 653 | 77 | 238 | 540 |
Nielsen Holdings | New York | NY | Dec14 | 381 | 431 | 242 | 85 | 154 | (428) | (314) | (364) |
Endo Intl plc | Malvern | PA | Dec14 | (724) | (536) | (694) | 194 | 266 | 266 | 255 | 227 |
Skyworks Solutions | Woburn | MA | Sep14 | 458 | 278 | 202 | 227 | 137 | 95 | 111 | 58 |
International Paper | Memphis | TN | Dec14 | 549 | 1,687 | 722 | 1,287 | 712 | 681 | (1,266) | 1,239 |
Paychex | Rochester | NY | May15 | 675 | 628 | 569 | 548 | 515 | 477 | 534 | 576 |
Micron Technology | Boise | ID | Aug14 | 3,079 | 1,194 | (1,031) | 190 | 1,900 | (1,993) | (1,665) | (209) |
Sigma-Aldrich | St Louis | MO | Dec14 | 500 | 491 | 460 | 457 | 384 | 347 | 342 | 311 |
Level 3 Communications | Broomfield | CO | Dec14 | 314 | (109) | (422) | (827) | (621) | (618) | (318) | (1,146) |
Omnicom Group | New York | NY | Dec14 | 1,233 | 1,112 | 1,118 | 1,060 | 924 | 871 | 1,114 | 1,087 |
Devon Energy | Oklahoma City | OK | Dec14 | 1,691 | (20) | (185) | 2,134 | 2,333 | (2,753) | (3,039) | 2,485 |
Expedia | Bellevue | WA | Dec14 | 373 | 216 | 303 | 326 | 305 | 218 | (2,521) | 294 |
Equinix | Redwood City | CA | Dec14 | (261) | 96 | 130 | 92 | 36 | 69 | 108 | (10) |
DaVita Health Partners | Denver | CO | Dec14 | 863 | 744 | 641 | 591 | 482 | 480 | 421 | 429 |
Hormel Foods | Austin | MN | Oct14 | 606 | 530 | 505 | 479 | 400 | 346 | 289 | 302 |
Amphenol | Wallingford | CT | Dec14 | 715 | 639 | 560 | 529 | 502 | 327 | 430 | 364 |
Tyson Foods | Springdale | AR | Sep14 | 856 | 848 | 614 | 733 | 765 | (550) | 86 | 268 |
Campbell Soup | Camden | NJ | Jul14 | 691 | 726 | 680 | 724 | 802 | 844 | 732 | 671 |
Roper Technologies | Sarasota | FL | Dec14 | 646 | 538 | 483 | 427 | 323 | 239 | 282 | 246 |
Interactive Brokers Group | Greenwich | CT | Dec14 | 459 | 418 | 497 | 687 | 277 | 484 | 1,122 | 869 |
M&T Bank | Buffalo | NY | Dec14 | 1,066 | 1,138 | 1,029 | 859 | 736 | 380 | 556 | 654 |
Palo Alto Networks | Santa Clara | CA | Jul14 | (165) | (226) | (29) | 1 | (13) | (21) | (19) | (16) |
Principal Financial Group | Des Moines | IA | Dec14 | 1,176 | 936 | 825 | 689 | 681 | 646 | 466 | 864 |
Dollar Tree | Chesapeake | VA | Jan15 | 599 | 597 | 619 | 488 | 397 | 321 | 230 | 201 |
Northern Trust | Chicago | IL | Dec14 | 812 | 731 | 687 | 604 | 670 | 864 | 795 | 727 |
Molson Coors Brewing | Denver | CO | Dec14 | 517 | 571 | 438 | 675 | 670 | 732 | 403 | 525 |
Hospira | Lake Forest | IL | Dec14 | 333 | (8) | 44 | (9) | 357 | 404 | 321 | 137 |
Publix Super Markets | Lakeland | FL | Dec14 | 1,735 | 1,654 | 1,552 | 1,492 | 1,338 | 1,161 | 1,090 | 1,184 |
Alliance Data Systems | Plano | TX | Dec14 | 516 | 496 | 422 | 315 | 196 | 177 | 233 | 214 |
KKR & Co LP | New York | NY | Dec14 | 5,395 | 7,854 | 8,028 | 876 | 7,776 | 6,852 | (13,055) | 2,401 |
Stanley Black & Decker | New Britain | CT | Dec14 | 858 | 519 | 457 | 691 | 202 | 229 | 221 | 323 |
Edwards Lifesciences | Irvine | CA | Dec14 | 811 | 389 | 292 | 237 | 218 | 229 | 129 | 113 |
Fifth Third Bancorp | Cincinnati | OH | Dec14 | 1,483 | 1,826 | 1,574 | 1,298 | 753 | 737 | (2,113) | 1,076 |
Altera | San Jose | CA | Dec14 | 473 | 440 | 557 | 771 | 783 | 251 | 360 | 290 |
Mead Johnson Nutrition | Evansville | IN | Dec14 | 729 | 689 | 588 | 519 | 458 | 411 | 401 | 430 |
Hess Corp | New York | NY | Dec14 | 1,692 | 4,036 | 1,808 | 1,676 | 2,138 | 807 | 2,357 | 1,953 |
Apache | Houston | TX | Dec14 | (4,543) | 2,480 | 1,987 | 4,584 | 3,032 | (285) | 712 | 2,812 |
Tyco Intl plc | Princeton | NJ | Sep14 | 795 | 440 | (413) | 1,567 | 1,132 | (1,841) | 1,063 | (2,520) |
Mohawk Industries | Calhoun | GA | Dec14 | 532 | 367 | 251 | 178 | 190 | (1) | (1,453) | 714 |
Dr Pepper Snapple Group | Plano | TX | Dec14 | 703 | 624 | 629 | 606 | 528 | 555 | (312) | 497 |
Hershey | Hershey | PA | Dec14 | 847 | 820 | 661 | 629 | 510 | 436 | 311 | 214 |
National Oilwell Varco | Houston | TX | Dec14 | 2,455 | 2,181 | 2,375 | 1,985 | 1,659 | 1,473 | 1,968 | 1,353 |
Clorox | Oakland | CA | Jun15 | 606 | 579 | 573 | 543 | 287 | 526 | 472 | 461 |
Ingersoll-Rand plc | Davidson | NC | Dec14 | 916 | 641 | 792 | 426 | 783 | 510 | (2,508) | 747 |
Weyerhauser | Federal Way | WA | Dec14 | 828 | 491 | 312 | 319 | 1,274 | (525) | (1,909) | (299) |
CR Bard | Murray Hill | NJ | Dec14 | 295 | 690 | 530 | 328 | 510 | 461 | 419 | 409 |
Check Point Software | San Carlos | CA | Dec14 | 660 | 653 | 620 | 544 | 453 | 358 | 324 | 281 |
Essex Property Trust | Palo Alto | CA | Dec14 | 134 | 141 | 128 | 50 | 50 | 44 | 81 | 57 |
Centurylink | Monroe | LA | Dec14 | 772 | (239) | 777 | 573 | 948 | 513 | 367 | 420 |
Total all 100 | 81,724 | 82,233 | 68,773 | 70,945 | 65,910 | 19,030 | (38,903) | 19,666 | |||
Annual Earnings % Changes: | |||||||||||
….. 2014 vs 2013 | -1% | ||||||||||
….. 2014 vs 2012 | 19% | ||||||||||
….. 2014 vs 2011 | 15% | ||||||||||
….. 2014 vs 2010 | 24% | ||||||||||
….. 2014 vs 2009 | 329% | ||||||||||
….. 2014 vs 2008 | 310% | ||||||||||
….. 2014 vs 2007 | 316% | ||||||||||
Annual Earnings Improvement | |||||||||||
….. 2014 Over 2008 | 120,627 | ||||||||||
Two Year Total Earnings: | |||||||||||
….. 2013-14 | 163,957 | ||||||||||
….. 2008-09 | (19,873) | ||||||||||
………. 2 Year Earnings Improvement | 183,830 |
Next up ..... the fourth hundred largest US Companies ..... #301 through #400.