I excluded all US Utility Companies.
How have these 100 smaller US Companies recovered from the 2008-9 worldwide financial meltdown? Well, miraculously off-the-charts. Their Total Audited Earnings From Continuing Operations for the Two Years 2013-2014 were $7.512 bil, a huge $13.663 bil Earnings Improvement from the $6.151 bil Total Audited Losses in the Two Years 2008-9.
It is pretty clear to me that the major drivers of this wholescale, massive earnings recovery 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: #1701-1800 | HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
$ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
First Merchants Corp | Muncie | IN | Dec14 | 60 | 45 | 45 | 25 | 7 | (41) | 21 | 32 |
OM Group Inc | Cleveland | OH | Dec14 | (172) | (74) | (45) | 47 | 78 | (22) | 156 | 122 |
Southwestern Energy Co | Spring | TX | Dec14 | 924 | 704 | (707) | 638 | 604 | (36) | 569 | 222 |
Foresight Energy LP | St Louis | MO | Dec14 | 139 | 11 | 126 | 82 | 50 | 14 | 44 | (35) |
Albany Intl | Rochester | NH | Dec14 | 42 | 18 | (41) | 21 | 27 | (21) | (92) | 11 |
Nortek Inc | Providence | RI | Dec14 | (46) | (8) | 10 | (56) | (13) | (427) | (781) | 32 |
MPM Holdings Inc | New York | NY | Dec14 | (347) | (464) | (365) | (140) | (63) | (42) | ||
State Auto Financial Corp | Columbus | OH | Dec14 | 107 | 61 | 11 | (161) | 24 | 10 | (31) | 119 |
Hines Real Estate | Houston | TX | Dec14 | 48 | 44 | (90) | (65) | (62) | 1 | (162) | (86) |
SkyWest Inc | St George | UT | Dec14 | (24) | 59 | 51 | (27) | 96 | 84 | 113 | 159 |
Martin Midstream Partners LP | Kilgore | TX | Dec14 | (6) | (15) | 37 | 13 | 19 | 22 | 44 | 33 |
Barnes & Noble Inc | New York | NY | Apr15 | 37 | (47) | (158) | (65) | (69) | 37 | 85 | 135 |
Andersons Inc | Maumee | OH | Dec14 | 123 | 96 | 76 | 97 | 65 | 40 | 30 | 67 |
American Railcar Industries | St Charles | MO | Dec14 | 100 | 87 | 64 | 4 | (27) | 15 | 31 | 37 |
EnPro Industries Inc | Charlotte | NC | Dec14 | 22 | 27 | 41 | 44 | 61 | (144) | 33 | 17 |
Encore Capital Group Inc | San Diego | CA | Dec14 | 100 | 75 | 79 | 61 | 47 | 33 | 14 | 12 |
BancFirst Corp | Oklahoma City | OK | Dec14 | 64 | 54 | 52 | 46 | 42 | 33 | 44 | 53 |
Capstead Mortgage Corp | Dallas | TX | Dec14 | 141 | 126 | 164 | 160 | 127 | 129 | 126 | 25 |
Insight Enterprises | Tempe | AZ | Dec14 | 76 | 71 | 93 | 100 | 75 | 34 | (240) | 69 |
Astronics Corp | East Aurora | NY | Dec14 | 56 | 27 | 22 | 22 | 15 | (4) | 8 | 15 |
Ingles Markets Inc | Asheville | NC | Dec14 | 51 | 21 | 43 | 39 | 31 | 28 | 52 | 59 |
Rogers Corp | Rogers | CT | Dec14 | 53 | 38 | 69 | 44 | 39 | (59) | 24 | 21 |
Ebix Inc | Johns Creek | GA | Dec14 | 64 | 59 | 71 | 71 | 59 | 39 | 27 | 13 |
ESCO Technologies Inc | St Louis | MO | Sep14 | 43 | 31 | 35 | 53 | 45 | 49 | 48 | 31 |
Apollo Commercial Real Estate Finance Inc | New York | NY | Dec14 | 83 | 52 | 40 | 26 | 11 | (2) | ||
Barracuda Networks Inc | Campbell | CA | Feb15 | (67) | (4) | (8) | (0) | 2 | 5 | 5 | |
Loral Space & Communications Ltd | New York | NY | Dec14 | (1) | 21 | 100 | 53 | 388 | 232 | (693) | 53 |
GSM Specialty Metals Inc | Miami | FL | Jun15 | 35 | 26 | (20) | 58 | 57 | 34 | (45) | 36 |
Xoom Corp | San Francisco | CA | Dec14 | (26) | 6 | (6) | (4) | (6) | (5) | (9) | (11) |
Virtus Investment Partners Inc | Hartford | CT | Dec14 | 97 | 77 | 38 | 145 | 10 | (6) | (529) | (14) |
US Ecology Inc | Boise | ID | Dec14 | 38 | 32 | 26 | 18 | 13 | 14 | 21 | 19 |
MTS Systems Corp | Eden Prairie | MN | Sep14 | 42 | 58 | 52 | 51 | 19 | 17 | 49 | 42 |
Abaxis Inc | Union City | CA | Mar15 | 21 | 16 | 31 | 16 | 15 | 13 | 12 | 13 |
Rush Enterprises Inc | New Braunfels | TX | Dec14 | 80 | 49 | 62 | 55 | 25 | 5 | 25 | 46 |
Smith & Wesson Holding Corp | Springfield | MA | Apr15 | 50 | 89 | 81 | 26 | 8 | 22 | (64) | 9 |
ImmunoGen Inc | Waltham | MA | Jun15 | (61) | (71) | (73) | (73) | (58) | (51) | (32) | (32) |
Magnum Hunter Resources Corp | Irving | TX | Dec14 | (138) | (232) | (129) | (87) | (20) | (16) | (9) | (6) |
Scientific Games Corp | Las Vegas | NV | Dec14 | (234) | (26) | (44) | (6) | (144) | (40) | (4) | 53 |
Ameris Bancorp | Moultrie | GA | Dec14 | 39 | 20 | 14 | 21 | (4) | (42) | (4) | 15 |
Terreno Realty Corp | San Francisco | CA | Dec14 | 11 | 2 | (2) | (6) | (6) | |||
InvenSense Inc | San Jose | CA | Mar15 | (1) | 6 | 52 | 37 | 9 | 15 | 0 | (7) |
MiMedx Group Inc | Marietta | GA | Dec14 | 6 | (4) | (8) | (10) | (11) | (8) | (12) | (17) |
TherapeuticsMD Inc | Boca Raton | FL | Dec14 | (54) | (28) | (35) | (13) | (3) | (2) | ||
Bob Evans Farms Inc | New Albany | OH | Apr15 | 17 | 31 | 83 | 70 | 56 | 70 | (5) | 65 |
Ultra Petroleum Corp | Houston | TX | Dec14 | 543 | 238 | (2,177) | 453 | 464 | (451) | 414 | 180 |
Bio-Reference Laboratories Inc | Elmwood Park | NJ | Oct14 | 47 | 46 | 42 | 36 | 26 | 22 | 16 | 14 |
Stewart Information Services Corp | Houston | TX | Dec14 | 38 | 73 | 119 | 9 | (5) | (42) | (242) | (28) |
New Senior Investment Group Inc | New York | NY | Dec14 | (46) | (30) | (7) | 4 | 2 | 2 | ||
Boston Private Financial Holding Inc | Boston | MA | Dec14 | 67 | 67 | 49 | 36 | (12) | 16 | (193) | 10 |
Erin Energy Corp | Houston | TX | Dec14 | (96) | (43) | (30) | (25) | (230) | (11) | (5) | (2) |
Benefitfocus Inc | Charleston | SC | Dec14 | (63) | (30) | (15) | (15) | (2) | |||
Flotek Industries Inc | Houston | TX | Dec14 | 54 | 36 | 50 | 31 | (43) | (50) | (34) | 17 |
Infiblox Inc | Santa Clara | CA | Jul15 | (27) | (24) | (4) | (8) | (5) | 7 | (10) | (11) |
StoneMor Partners LP | Levittown | PA | Dec14 | (11) | (19) | (3) | (10) | (1) | (4) | 5 | 3 |
United Fire Group Inc | Cedar Rapids | IA | Dec14 | 59 | 76 | 40 | 0 | 48 | (10) | (13) | 111 |
Rovi Corp | Santa Clara | CA | Dec14 | (14) | 21 | (20) | 8 | 227 | (18) | 15 | 40 |
Callidus Software Inc | Dublin | CA | Dec14 | (12) | (21) | (28) | (16) | (13) | (18) | (14) | (13) |
CEC Entertainment Inc | Irving | TX | Dec14 | (61) | 48 | 44 | 55 | 54 | 61 | 56 | 56 |
Clearwater Paper Corp | Spokane | WA | Dec14 | (2) | 107 | 64 | 40 | 74 | 182 | 10 | 25 |
Infinity Property and Casualty Corp | Birmingham | AL | Dec14 | 57 | 33 | 24 | 42 | 91 | 71 | 19 | 72 |
BroadSoft Inc | Gaithersburg | MD | Dec14 | 1 | (9) | 12 | 32 | 8 | (8) | (11) | (2) |
8X8 Inc | San Jose | CA | Mar15 | 2 | 3 | 14 | 69 | 6 | 4 | (3) | 0 |
Remy Intl | Pendleton | IN | Dec14 | 6 | 16 | 122 | 75 | 21 | 14 | (4) | (104) |
Endologix Inc | Irvine | CA | Dec14 | (32) | (16) | (36) | (29) | 11 | (2) | (12) | (15) |
Federal Signal Corp | Oak Brook | IL | Dec14 | 63 | 160 | 22 | 13 | (74) | 20 | 29 | 35 |
HMS Holdings Corp | Irving | TX | Dec14 | 14 | 40 | 51 | 48 | 40 | 30 | 21 | 15 |
Vitamin Shoppe Inc | North Bergen | NJ | Dec14 | 61 | 67 | 61 | 45 | 29 | 13 | 8 | 7 |
Chatham Lodging Trust | Palm Beach | FL | Dec14 | 67 | 3 | (1) | (9) | (1) | |||
Denny's Corp | Spartanburg | SC | Dec14 | 33 | 25 | 22 | 112 | 23 | 42 | 13 | 30 |
Briggs & Stratton Corp | Wauwatosa | WI | Dec14 | 46 | 28 | (34) | 29 | 24 | 37 | 32 | 23 |
TPG Specialty Lending Inv | Fort Worth | TX | Dec14 | 85 | 67 | 40 | 1 | - | |||
Linn Energy LLC | Houston | TX | Dec14 | (452) | (691) | (387) | 438 | (114) | (296) | 826 | (356) |
National HealthCare Corp | Murfreesboro | TN | Dec14 | 53 | 65 | 59 | 65 | 53 | 40 | 36 | 45 |
Greenlight Capital Re Ltd | New York | NY | Dec14 | 110 | 226 | 15 | 7 | 91 | 210 | (121) | 35 |
Ambac Financial Group Jnc | New York | NY | Dec14 | 484 | 1,107 | (259) | (1,960) | (753) | (15) | (5,609) | (3,256) |
Quality Systems | Irvine | CA | Mar15 | 27 | 16 | 43 | 76 | 62 | 48 | 46 | 40 |
TiVo Inc | San Jose | CA | Jan15 | 31 | 272 | (5) | 102 | (85) | (23) | 104 | (32) |
USA Compression Partners LP | Austin | TX | Dec14 | 25 | 11 | 5 | 0 | 10 | 21 | 21 | 7 |
Ocwen Financial Corp | West Palm Beach | FL | Dec14 | (470) | 310 | 181 | 78 | 34 | (3) | 19 | 39 |
Monotype Imaging Holdings Inc | Woburn | MA | Dec14 | 33 | 31 | 29 | 23 | 18 | 13 | 15 | 9 |
Green Dot Corp | Pasadena | CA | Dec14 | 43 | 34 | 47 | 52 | 42 | 37 | 17 | 5 |
Cray Inc | Seattle | WA | Dec14 | 62 | 32 | 161 | 14 | 15 | (1) | (41) | (11) |
Calgon Carbon Corp | Moon Township | PA | Dec14 | 49 | 46 | 23 | 39 | 35 | 39 | 29 | 14 |
Babcock & Wilcox Enterprises | Charlotte | NC | Dec14 | (27) | 175 | 141 | 59 | 83 | |||
Compass Diversified Holdings | Westport | CT | Dec14 | 291 | 79 | 6 | (33) | (66) | 2 | (8) | (3) |
Walker & Dunlop Inc | Bethesda | MD | Dec14 | 51 | 42 | 34 | 35 | 8 | 40 | 14 | 16 |
Lifelock Inc | Tempe | AZ | Dec14 | 2 | 54 | 24 | (4) | (15) | (59) | (58) | (35) |
PJT Partners Inc | New York | NY | Dec14 | 4 | (17) | (43) | (43) | (28) | |||
Encore Wire Corp | McKinney | TX | Dec14 | 37 | 47 | 20 | 50 | 15 | 4 | 40 | 31 |
Safety Insurance Group | Boston | MA | Dec14 | 59 | 61 | 58 | 14 | 56 | 54 | 70 | 87 |
Ollie's Bargain Outlet Holdings Inc | Harrisburg | PA | Dec14 | 27 | 20 | 13 | 17 | 19 | |||
Aceto Corp | Port Washington | NY | Jun15 | 33 | 29 | 22 | 17 | 9 | 7 | 9 | 13 |
Central Garden & Pet Co | Walnut Creek | CA | Sep14 | 10 | (1) | 22 | 28 | 48 | 68 | (267) | 34 |
Inland Real Estate Corp | Oak Brook | IL | Dec14 | 38 | 100 | 15 | (9) | (1) | 6 | 29 | 39 |
iRobot Corp | Bedford | MA | Dec14 | 38 | 28 | 17 | 40 | 26 | 3 | 1 | 9 |
Civitas Solutions Inc | Boston | MA | Dec14 | (21) | (16) | (15) | (40) | (13) | (8) | ||
US Silica Holdings Inc | Frederick | MD | Dec14 | 122 | 75 | 79 | 30 | 11 | 6 | 17 | (7) |
Kronos Worldwide Inc | Dallas | TX | Dec14 | 99 | (102) | 219 | 321 | 131 | (35) | 9 | (67) |
Valhi Inc | Dallas | TX | Dec14 | 80 | (127) | 222 | 295 | 64 | (38) | 5 | (49) |
ACCO Brands Corp | Lake Zurich | IL | Dec14 | 92 | 77 | 117 | 19 | 8 | (119) | (255) | 31 |
Total all 100 | 3,401 | 4,111 | (779) | 2,186 | 2,163 | (65) | (6,086) | (1,472) | |||
Two Year Earnings (Losses) Totals: | |||||||||||
….. 2013-14 | 7,512 | ||||||||||
….. 2008-9 | (6,151) | ||||||||||
………. Two Year Earnings Improvement | 13,663 |