I excluded all US Utility Companies.
These 100 even smaller US Companies generated Total 2014 Audited Earnings From Continuing Operations which were 467% higher than that in 2008.
It is pretty clear to me that the major drivers of this earnings recovery since the 2008 financial meltdown were prescient steps taken by the Obama Administration and by the US Fed.
Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations for each of these 100 smaller 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: #1801-1900 | HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
$ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
Krispy Kreme Doughnuts | Winston Salem | NJ | Jan15 | 30 | 34 | 21 | 166 | 8 | (0) | (4) | (67) |
Dynavax Technologies Corp | Berkeley | CA | Dec14 | (91) | (67) | (70) | (49) | (57) | (15) | (27) | (69) |
Weight Watchers Intl | New York | NY | Dec14 | 99 | 205 | 257 | 304 | 193 | 175 | 202 | 201 |
Hanmi Financial Corp | Los Angeles | CA | Dec14 | 50 | 40 | 90 | 28 | (88) | (122) | (102) | (61) |
Hecla Mining Co | Coeur D'Alene | ID | Dec14 | 18 | (25) | 15 | 151 | 49 | 68 | (37) | 68 |
Griffon Corp | New York | NY | Dec14 | (0) | 7 | 17 | (7) | 10 | 18 | (3) | 25 |
EarthLink Holdings Corp | Atlanta | GA | Dec14 | (72) | (537) | 10 | 37 | 82 | 287 | 187 | (65) |
Vanguard Natural Resources LLC | Houston | TX | Dec14 | 64 | 60 | (169) | 88 | 22 | (96) | (4) | 3 |
Fifth Street Finance Corp | Greenwich | CT | Dec14 | 113 | 102 | 79 | 30 | 22 | 6 | 3 | 1 |
Pantry Inc | Cary | NC | Dec14 | 13 | (3) | (3) | 10 | (166) | 54 | 29 | 24 |
Harsco Corp | Camp Hill | PA | Dec14 | (20) | (217) | (253) | (7) | 17 | 141 | 252 | 265 |
Innophos Holdings Inc | Cranbury | NJ | Dec14 | 64 | 50 | 74 | 87 | 45 | 63 | 207 | (5) |
Golub Capital BDC Inc | Chicago | IL | Sep14 | 65 | 47 | 32 | 21 | 26 | 20 | (3) | 0 |
BNC Bancorp | High Point | NC | Dec14 | 29 | 17 | 10 | 7 | 8 | 7 | 4 | 7 |
Berkshire Hills Bancorp | Pittsfield | MA | Dec14 | 34 | 41 | 34 | 17 | 14 | (16) | 22 | 14 |
Standard Motor Products Inc | Long Island City | NY | Dec14 | 53 | 53 | 43 | 64 | 25 | 6 | (21) | 5 |
National CineMedia Inc | Centennial | CO | Dec14 | 66 | 130 | 65 | 101 | 109 | 101 | 71 | 84 |
Ply Gem Holdings Inc | Cary | NC | Dec14 | (31) | (80) | (39) | (85) | 28 | (77) | (498) | 5 |
TriMas Corp | Bloomfield Hills | MI | Dec14 | 67 | 79 | 36 | 50 | 36 | 12 | (110) | (165) |
PharMerica Corp | Louisville | KY | Dec14 | 7 | 19 | 23 | 23 | 19 | 42 | 5 | (24) |
ARMOUR Residential REIT Inc | Vero Beach | FL | Dec14 | (179) | (187) | 222 | (9) | 7 | (1) | 1 | 1 |
PHH Corp | Mt Laurel | NJ | Dec14 | (185) | 98 | 23 | (102) | 76 | 173 | (281) | (10) |
Badger Meter Inc | Milwaukee | WI | Dec14 | 30 | 25 | 28 | 19 | 29 | 27 | 25 | 18 |
WSFS Financial Corp | Wilmington | DE | Dec14 | 54 | 47 | 31 | 23 | 14 | 1 | 16 | 30 |
Calavo Growers Inc | Santa Ana | CA | Oct14 | (0) | (3) | 16 | 11 | 18 | 14 | 8 | 7 |
Wilshire Bancorp | Los Angeles | CA | Dec14 | 59 | 45 | 92 | (30) | (35) | 20 | 26 | 27 |
Veeco Instruments Inc | Plainview | NY | Dec14 | (67) | (42) | 27 | 191 | 277 | (2) | (49) | (24) |
Crossamerica Partners LP | Allentown | PA | Dec14 | (6) | 18 | 1 | 11 | 2 | 6 | 5 | 26 |
CONN's Inc | Woodlands | TX | Jan15 | 59 | 93 | 53 | (4) | (1) | 4 | 38 | 40 |
First Commonwealth Financial | Indiana | PA | Dec14 | 44 | 41 | 42 | 15 | 23 | (20) | 43 | 46 |
PH Glatfelter Co | York | PA | Dec14 | 69 | 67 | 59 | 43 | 54 | 123 | 58 | 63 |
MaxLinear Inc | Carlsbad | CA | Dec14 | (7) | (13) | (13) | (22) | 10 | 4 | (2) | (9) |
Navigant Consulting Inc | Chicago | IL | Dec14 | (37) | 55 | 44 | 36 | 25 | 22 | 40 | 33 |
RPX Corp | San Francisco | CA | Dec14 | 39 | 41 | 39 | 29 | 14 | 2 | (5) | |
Greenhill & Co inc | New York | NY | Dec14 | 43 | 47 | 42 | 45 | 39 | 71 | 49 | 115 |
Constant Contact Inc | Waltham | MA | Dec14 | 14 | 7 | 13 | 23 | 3 | (1) | (2) | (8) |
Saia Inc | Johns Creek | GA | Dec14 | 52 | 44 | 32 | 11 | 2 | (9) | (20) | 17 |
Delek Logistics Partners LP | Brentwood | TN | Dec14 | 71 | 34 | 14 | (1) | 5 | 8 | 9 | 12 |
Sucampo Pharmaceuticals | Bethesda | MD | Dec14 | 13 | 7 | 5 | (17) | (3) | 5 | 32 | 19 |
FTD Companies Inc | Downers Grove | IL | Dec14 | 23 | 13 | 21 | 16 | 7 | |||
Steiner Leisure Ltd | Coral Gables | FL | Dec14 | (158) | 49 | 53 | 51 | 44 | 38 | 46 | 45 |
Tompkins Financial Corp | Ithaca | NY | Dec14 | 52 | 51 | 31 | 36 | 34 | 32 | 30 | 26 |
Providence Service Corp | Tucson | AZ | Dec14 | 20 | 19 | 8 | 17 | 24 | 21 | (156) | 14 |
1st Source Corp | South Bend | IN | Dec14 | 58 | 55 | 50 | 48 | 41 | 25 | 33 | 31 |
Inter Parfums Inc | New York | NY | Dec14 | 37 | 51 | 177 | 43 | 36 | 30 | 30 | 31 |
Rofin-Sinar Technologies | Plymouth | MI | Sep14 | 25 | 35 | 35 | 61 | 30 | 10 | 64 | 55 |
Kforce Inc | Tampa | FL | Dec14 | 29 | 5 | (42) | 14 | 8 | 13 | (89) | 37 |
Rentrak Corp | Portland | OR | Mar15 | (5) | (7) | (25) | (9) | (4) | 1 | 5 | 5 |
Callaway Golf Co | Carlsbad | CA | Dec14 | 16 | (19) | (123) | (172) | (19) | (15) | 66 | 55 |
Crocs Inc | Niwot | CO | Dec14 | (5) | 10 | 131 | 113 | 68 | (42) | (185) | 168 |
Sun Hydraulics Corp | Sarasota | FL | Dec14 | 44 | 38 | 37 | 38 | 21 | 2 | 26 | 22 |
General Communication Inc | Anchorage | AK | Dec14 | 59 | 32 | 9 | 5 | 9 | 4 | (3) | 14 |
AAR Corp | Wood Dale | IL | May15 | (55) | 67 | 49 | 65 | 69 | 43 | 59 | 69 |
Hercules Technology Growth Capital Inc | Palo Alto | CA | Dec14 | 71 | 99 | 47 | 47 | 5 | 14 | 21 | 42 |
Apollo Education Group Inc | Phoenix | AZ | Aug15 | 24 | 205 | 249 | 417 | 536 | 535 | 610 | 487 |
LHC Group Inc | Lafayette | LA | Dec14 | 29 | 29 | 35 | (4) | 65 | 58 | 43 | 27 |
Tutor Perini Corp | Sylmar | CA | Dec14 | 107 | 87 | (265) | 86 | 104 | 137 | (75) | 97 |
Hibbett Sports Inc | Birmingham | AL | Jan15 | 74 | 71 | 73 | 59 | 46 | 33 | 29 | 30 |
Par Pacific Holdings | Houston | TX | Dec14 | (47) | (79) | (186) | (483) | (105) | (117) | (32) | (56) |
Brookline Bancorp | Brookline | MA | Dec14 | 43 | 35 | 37 | 28 | 27 | 20 | 13 | 18 |
Finish Line | Indianapolis | IN | Feb15 | 80 | 75 | 69 | 85 | 69 | 51 | 30 | (42) |
Micrel Inc | San Diego | CA | Dec14 | 14 | 18 | 12 | 34 | 51 | 16 | 28 | 44 |
Deltic Timber Corp | El Dorado | AR | Dec14 | 20 | 26 | 9 | 3 | 12 | 4 | 4 | 11 |
Cempra Inc | Chapel Hill | NC | Dec14 | (62) | (45) | (24) | (21) | (20) | (19) | (15) | (8) |
Merit Medical Systems Inc | South Jordan | UT | Dec14 | 23 | 17 | 20 | 23 | 12 | 23 | 21 | 16 |
Speedway Motorsports Inc | Concord | NC | Dec14 | 25 | (6) | 42 | (6) | 45 | (6) | 106 | 52 |
Square 1 Financial Inc | Durham | NC | Dec14 | 34 | 22 | 14 | 5 | (13) | 2 | (18) | |
Employers Holdings Inc | Reno | NV | Dec14 | 101 | 64 | 107 | 49 | 63 | 83 | 102 | 120 |
Ethan Allen Interiors Inc | Danbury | CT | Jun15 | 37 | 43 | 32 | 50 | 29 | (44) | (53) | 58 |
State Bank Financial Corp | Atlanta | GA | Dec14 | 31 | 13 | 23 | 43 | 46 | 18 | (1) | (0) |
Isle of Capri Casinos | Saint Louis | MO | Apr15 | 5 | (130) | (53) | (26) | (1) | 5 | 15 | (31) |
Amicus Therapeutics Inc | Cranbury | NJ | Dec14 | (69) | (60) | (49) | (44) | (55) | (7) | (39) | (41) |
Genesis Healthcare Inc | Kennett Square | PA | Dec14 | (1) | (6) | 22 | (204) | (2) | (133) | 34 | 15 |
Winstream Holdings Inc | Little Rock | AR | Dec14 | (40) | 235 | 167 | 169 | 313 | 399 | 194 | 950 |
Heartland Financial USA Inc | Dubuque | IA | Dec14 | 42 | 37 | 50 | 28 | 24 | 6 | 11 | 24 |
Cincinnati Bell Inc | Cincinnati | OH | Dec14 | 76 | (55) | 11 | 19 | 28 | 90 | 103 | 73 |
US Concrete Inc | Euless | TX | Dec14 | 22 | (18) | (24) | (8) | 43 | (95) | (136) | (65) |
Lands' End Inc | Dodgeville | WI | Jan15 | 74 | 79 | 50 | 76 | 121 | 128 | 135 | |
Supernus Pharmaceuticals Inc | Rockville | MD | Dec14 | 20 | (92) | (46) | (23) | (39) | 0 | (33) | (17) |
NCI Building Systems Inc | Houston | TX | Dec14 | 11 | (13) | 5 | (10) | (27) | (751) | 73 | 59 |
Heron Therapeutics Inc | Redwood City | CA | Dec14 | (76) | (55) | (24) | (11) | (7) | (10) | (23) | (20) |
Luminex Corp | Austin | TX | Dec14 | 39 | 7 | 12 | 14 | 5 | 18 | 3 | (3) |
Meridian Bioscience Inc | Cincinnati | OH | Sep14 | 34 | 38 | 33 | 27 | 27 | 33 | 30 | 27 |
Lakeland Financial Corp | Warsaw | IN | Dec14 | 44 | 39 | 35 | 31 | 25 | 19 | 20 | 19 |
Five Prime Therapeutics Inc | South San Francisco | CA | Dec14 | (37) | (29) | (28) | 20 | (13) | (10) | (11) | |
Kulicke and Soffa Industries Inc | Fort Washington | PA | Sep14 | 63 | 59 | 161 | 128 | 142 | (64) | (25) | 17 |
Venoco Inc | Denver | CO | Dec14 | 120 | 14 | (47) | 62 | 68 | (47) | (391) | (73) |
PDL BioPharma Inc | Incline Village | NV | Dec14 | 322 | 265 | 212 | 199 | 92 | 190 | 238 | 180 |
Wabash National Corp | Lafayette | IN | Dec14 | 61 | 47 | 106 | 15 | (142) | (102) | (126) | 16 |
Meridian Bancorp | East Boston | MA | Dec14 | 22 | 15 | 12 | 12 | 13 | 4 | (2) | 2 |
New Media Investment Group Inc | New York | NY | Dec14 | (3) | (152) | (27) | (21) | (25) | (511) | (658) | NA |
EXACT Sciences Corp | Madison | WI | Dec14 | (100) | (47) | (52) | (29) | (12) | (9) | (10) | (12) |
Biglari Holdings Inc | San Antonio | TX | Sep14 | 29 | 142 | 25 | 34 | 29 | 6 | (23) | 12 |
HealthStream Inc | Nashville | TN | Dec14 | 10 | 8 | 8 | 7 | 4 | 14 | 2 | 4 |
Accelerate Diagnostics Inc | Tucson | AZ | Dec14 | (31) | (15) | (5) | (0) | 1 | (1) | (2) | |
Lindsay Corp | Omaha | NE | Aug15 | 26 | 52 | 71 | 43 | 37 | 25 | 14 | 39 |
General Cable Corp | Highland Heights | KY | Dec14 | (643) | (10) | 10 | 56 | 64 | 45 | 183 | 198 |
Cynosure Inc | Westford | MA | Dec14 | 31 | (2) | 11 | (3) | (6) | (23) | 10 | 15 |
Brooks Automation Inc | Chelmsford | MA | Sep14 | 2 | (7) | 132 | 121 | 52 | (228) | (237) | 54 |
National Bank Holdings Corp | Greenwood Village | CO | Dec14 | 9 | 7 | (1) | 42 | 6 | (2) | ||
Total pf all 100 | 1,430 | 1,805 | 2,524 | 2,773 | 3,066 | 1,080 | 252 | 3,559 | |||
2014 Earnings % Increase Over 2008 | 467% |