Friday, October 9, 2015

The Eighth 100 Largest US Companies 2014 Total Audited Earnings Were $20.137 Bil Under Barack Obama/Joe Biden Up a Massive 26 Times Over 2008 Total Audited Losses of $0.812 Bil in George Bush/Dick Cheney's Last Presidential Year

2014 Total Audited Earnings:
  • Up 32% Over 2012
  • Up 45% Over 2010
  • Up 153% Over 2009
  • Up 2,580% Over 2009
  • Up 89% Over 2007
From a review of the superb Google Finance Website and audited financial statements at the excellent SEC Website, presented below are the 100 eighth largest (#701 through #800) US Companies in current stock market capitalization which also had earnings numbers reported for all years from 2010 through 2014.  These 100 Companies had their stock market caps range from $4.0 bil to $5.4 bil.

I excluded all US Utility Companies.
 
How have these 100 eighth largest US Companies recovered from the 2008 worldwide financial meltdown?  Well, miraculously off-the-charts.  Their Total Audited Earnings From Continuing Operations for 2014 are up 26 Times that in 2008.

 Not only have the 2014 Total Audited Earnings of these eighth 100 largest US Companies recovered all that they lost with the 2008 financial meltdown, but they added another 89% 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 eighth 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: #701-800 HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils












PacWest Bancorp Rancho Santa Fe CA Dec14           170             45             57             51           (62)             (9)         (728)             90
Diamondback Energy Inc Midland TX Dec14           196             55           (37)             (0)               8             (3)           (94)             (4)
Liberty Property Trust Malvern PA Dec14           176             98             97           105             95             (5)           123           114
Howard Hughes Corp Dallas TX Dec14           (24)           (74)         (128)           148           (69)         (703)           (18)             (4)
Carter's Inc Atlanta GA Dec14           195           160           161           114           146           116             78           (76)
People's United Financial Bridgeport CT Dec14           252           232           245           192             83           101           138           151
Marvell Technology Group Ltd Santa Clara CA Jan15           435           315           307           615           904           353           147         (114)
StanCorp Financial Group Portland OR Dec14           219           229           139           137           186           209           163           228
Ares Capital Corp New York NY Dec14           591           489           508           320           692           203         (140)             91
Legg Mason Inc Baltimore MD Mar15           243           282         (360)           231           246           211      (1,965)           264
Opko Health Miami FL Dec14         (175)         (117)           (30)             (6)           (13)           (24)           (32)         (266)
Tesoro Logistics LP San Antonio TX Dec14             98             35             48             11           (40)           (31)           (27)           (12)
NewMarket Corp Richmond VA Dec14           233           242           237           205           176           162             73             79
Patterson Companies St Paul MN Apr15           223           201           210           213           225           212           200           225
Genesis Energy LP Houston TX Dec14           106             84             97             51           (50)               6             26           (14)
Tempur Sealy Intl Lexington KY Dec14           110             79           107           220           157             85             59           141
Energen Corp Birmingham AL Dec14           100           142           205           175           184  NA   NA   NA 
SolarCity Corp San Mateo CA Dec14         (375)         (152)         (114)           (74)           (47)           (23)           (26)           (11)
Biomed Realty Trust San Diego CA Dec14           201             47             16             42             38             60             63             72
Health Net Woodland Hills CA Dec14           146           170             26             61           172           (49)             95           194
Manhattan Associates Atlanta GA Dec14             82             67             52             45             28             17             23             31
Chicago Bridge & Iron NV Woodlands TX Dec14           636           513           317           255           212           180           (15)           172
CubeSmart Malvern PA Dec14             26             10           (13)           (13)           (17)           (21)           (28)           (28)
Gentex Zeeland MI Dec14           287           223           169           165           138             65             62           122
Brunswick Corp Lake Forest IL Dec14           195           757           125             70           (80)         (586)         (788)             80
Oceaneering Intl Houston TX Dec14           428           372           289           236           201           188           199           180
GameStop Grapevine TX Jan15           393           354         (270)           339           407           376           398           288
Northstar Realty Finance New York NY Dec14         (313)           (79)         (258)         (234)         (377)         (154)           699             49
Servicemaster Global Holdings Memphis TN Dec14             43             42           (18)             (7)           (47)  NA   NA   NA 
Steel Dynamics Fort Wayne IN Dec14             92           164           142           266           130           (11)           455           394
Penske Automotive Group Bloomfield Hills MI Dec14           309           250           196           176           122             84         (411)           121
Hexcel Corp Stamford CT Dec14           209           188           164           136             77             56           111             63
TransUnion Chicago IL Dec14             (4)           (28)           (56)             49             37           132           134           190
Ingram Micro Irvine CA Dec14           267           311           306           244           318           202         (395)           276
Credit Acceptance Corp Southfield MI Dec14           266           253           220           188           170           146             67             54
Six Flags Entertainment Grand Prairie TX Dec14           113           156           396             12         (195)           (58)           (58)         (189)
Taubman Centers Bloomfield Hills MI Dec14        1,278           189           158           141           123           104               7           127
VCA Inc Los Angeles CA Dec14           141           143             51           100           114           136           137           125
Orbital ATK Inc Dulles VA Mar15             78           160           187           194           218  NA   NA   NA 
Aecom Los Angeles CA Sep14           233           243           (57)           284           249           201           160           105
White Mountains Insurance Group Hanover NH Dec14           248           268           279           208           160           580         (630)           504
Whiting Petroleum Corp Denver CO Dec14             65           366           414           492           337         (107)           252           131
Watsco Inc Coconut Grove FL Dec14           209           188           158           138           112             52             60             67
Arista Networks Inc Santa Clara CA Dec14             87             42             21             34               2  NA   NA   NA 
Align Technology San Jose CA Dec14           146             64             59             67             74           (31)             80             36
Brown & Brown Inc Daytona Beach FL Dec14           207           217           184           164           162           153           166           191
Acadia Healthcare Co Franklin TN Dec14             83             43             21           (33)               7               3             (2)             (6)
BOK Financial Tulsa OK Dec14           295           319           354           290           248           204           146           221
Trimble Navigation Ltd Sunnyvale CA Dec14           214           218           190           149           104             64           141           117
National Fuel Gas Co Williamsville NY Sep14           299           260           220           258           219           103           267           201
Intercept Pharmaceuticals New York NY Dec14         (283)           (68)           (44)           (13)           (15)  NA   NA   NA 
Brocade Communications Systems San Jose CA Oct14           238           209           195             51           117           (83)           166             66
Western Refining Inc El Paso TX Dec14           710           300           399           133           (17)         (351)             64           239
Navient Corp Wilmington DE Dec14        1,149        1,312           941           598           729           531           (17)  NA 
Graphic Packaging Holding Co Atlanta GA Dec14             89           147           120           275             11             56           (99)           (49)
Erie Indemnity Co Erie PA Dec14           573        1,048           619           268           660           446         (616)           919
Lincoln Electric Holdings Cleveland OH Dec14           255           294           257           217           130             49           212           203
AptarGroup Inc Crystal Lake IL Dec14           192           172           162           184           174           125           154           140
First American Financial Santa Ana CA Dec14           234           187           302             79           129           134           (72)         (122)
Douglas Emmett Inc Santa Monica CA Dec14             53             53             28               2           (33)           (34)           (36)           (19)
Home Properties Inc Rochester NY Dec14           109           103             71             35             15             27             44             33
Jabil Circuit St Petersburg FL Aug15           294             (2)           319           334           297             97      (1,166)           132
Investors Bancorp Short Hills NJ Dec14           132           112             89             79             62             35           (65)             16
IPG Photonics Corp Oxford MA Dec14           200           156           148           121             54               5             38             32
Commerce Bancshares Kansas City MO Dec14           263           261           271           260           222           169           189           207
Spirit Realty Capital Scottsdale AZ Dec14           (51)           (33)           (73)           (48)           (65)           (74)  NA   NA 
Visteon Van Buren Township MI Dec 14           137           785           229           187           806           184         (647)         (305)
Old Republic Intl Corp Chicago IL Dec14           410           448           (69)         (141)             30           (99)         (558)           272
Cullen/Frost Bankers San Antonio TX Dec14           278           238           238           218           209           179           207           212
Weingarten Realty Investors Houston TX Dec14           116           133             57           (14)               5             85             64           125
Hospitality Properties Trust Newton MA Dec14           197           133           152           190             21           193           124           220
American Campus Communities Austin TX Dec14             61             47             48             34             18               0             (9)             (1)
Graco Inc Minneapolis MN Dec14           226           211           149           142           103             49           121           153
Reliance Steel & Aluminum Los Angeles CA Dec14           376           325           408           349           198           149           484           408
NCR Corp Duluth GA Dec14           181           452           475           (97)           277           183           253           183
Brookfield Senior Living Brentwood TN Dec14         (149)             (4)           (66)           (69)           (50)           (66)         (373)         (162)
Teradata Corp Dayton OH Dec14           367           377           419           353           301           254           250           200
Pitney Bowes Stamford CT Dec14           318           306           397           419           343           453           468           380
MAXIMUS Inc Reston VA Sep14           145           117             76             82             69           (11)             30             55
Echostar Corp Englewood CO Dec14           148               3           211               4           204           365         (958)           (85)
Casey's General Stores Ankeny IA Apr15           181           127           104           115             95           117             86             85
Copart Inc Dallas TX Jul15           220           179           180           182           166           152           140           157
Sonoco Products Co Hartsville SC Dec14           227           211           195           219           202           155           157           212
Nordson Corp Westlake OH Oct14           247           222           225           222           168         (160)           118             91
Pandora Media Oakland CA Dec14           (30)           (27)           (38)           (20)           (11)           (17)           (28)           (14)
AGCO Corp Duluth GA Dec14           404           592           516           585           220           135           386           233
Donaldson Co Inc Minneapolis MN Jul15           208           260           247           264           225           166           132           172
Eaton Vance Boston MA Oct14           321           230           265           228           201           136           203           149
Dun & Bradstreet Short Hills NJ Dec14           298           262           297           260           251           322           312           292
Zebra Technologies Corp Lincolnshire IL Dec14             32           134           122           130           105             48           (19)           111
Godaddy Inc Scottsdale AZ Dec14         (143)         (200)         (279)         (324)             (4)             14  NA   NA 
Bemis Co Neenah WI Dec14           239           193           149           164           187           153           172           185
ARRIS Group Suwanee GA Dec14           327           (49)             53           (18)             64             91         (130)             92
Alere Inc Waltham MA Dec14         (176)           (56)           (45)           268           (41)  NA   NA   NA 
Senior Housing Properties Trust Newton MA Dec14           159           151           136           151           116           110           107             85
Booz Allen Hamilton Holding McLean VA Mar15           233           232           219           240             85             25         (436)             89
Ryder System Miami FL Dec14           297           257           227           192           133             90           258           252
FLIR Systems Wilsonville OR Dec14           200           177           225           223           248           230           201           134
Euronet Worldwide Leawood KS Dec14           101             87             20             38           (38)             31         (193)             37
Bio-Rad Laboratories Hercules CA Dec14             89             78           166           178           187           149             98             94












Total all 100


     20,134      19,717      15,303      14,753      13,847        7,946         (812)      10,678












Annual Earnings % Increase:










….. 2014 Above 2013


2%






….. 2014 Above 2012


32%






….. 2014 Above 2010


45%






….. 2014 Above 2009


153%






….. 2014 Above 2008


2580%






….. 2014 Above 2007


89%










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