Saturday, October 3, 2015

The Sixth 100 Largest US Companies 2013-14 Two-Year Total Audited Earnings Were $62.1 Bil Up a Massive 47 Times Over 2008-09 Two-Year Total Audited Losses of $1.3 Bil ..... It's Mainly on the Obama/Biden Administration and the US Fed

2014 Total Audited Earnings:
  • Up 8% Over 2013
  • Up 38% Over 2012
  • Up 70% Over 2011
  • Up 68% Over 2010
  • Up 339% Over 2009
  • Up 471% Over 2008
  • Up 123% 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 sixth largest (#501 through #600) 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 $5.9 bil to $7.8 bil.
 
I excluded all US Utility Companies.

 
How have these 100 sixth largest US Companies recovered from the 2008 worldwide financial meltdown?  Well, miraculously off-the-charts.  Their Total Audited Earnings From Continuing Operations for the Two Years 2013-14 are up 47 Times that for the Two Years 2008-09.


Not only have the 2014 Total Audited Earnings of these sixth 100 largest US Companies recovered all that they lost with the 2008 financial meltdown, but they added another off-the-charts 123% 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 sixth 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: #501-600 HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



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












Fitbit San Francisco CA Dec14           132           (52)             (4)             (4)             (1)


Fortinet Sunnyvale CA Dec14             25             44             67             62             41             60               7           (22)
E*TRADE Financial New York NY Dec14           293             86         (113)           157           (28)      (1,298)         (809)      (1,442)
Everest Re Group Ltd Liberty Corner NJ Dec14        1,258        1,265           829           (80)           611           807           (19)           839
Acuity Brands Atlanta GA Aug14           176           127           116           106             79             85           149           129
Mattel El Segundo CA Dec14           499           904           776           769           685           529           380           600
MEDNAX Sunrise FL Dec14           317           281           241           218           203           176           147           140
Sabre Corp Southlake TX Dec14           111             52         (215)           113             82  NA   NA   NA 
IHS Inc Englewood CO Nov14           195           132           158           135           134           125             51             84
Santander Consumer USA Holdings Inc Dallas TX Dec14           766           696           735           788           438           210           174  NA 
KLA-Tencor Milpitas CA Jun15           366           583           543           756           794           212         (523)           359
Global Payments Inc Atlanta GA May15           309           270           239           218           229           223           207           161
FMC Technologies Houston TX Dec14           705           507           435           404           378           363           354           262
Alleghany Corp New York NY Dec14           680           629           702           143           199           271             41           288
News Corp New York NY Jun15         (147)           239           506      (2,075)           678           243      (2,365)           876
Varian Medical Systems Palo Alto CA Sep14           404           438           427           409           367           332           295           243
Leucadia National Corp New York NY Dec14           215           409           903             13        1,901           485      (2,583)           469
HCC Insurance Holdings Houston TX Dec14           458           407           391           255           345           354           302           392
Sensata Technologies Holding NV Attleboro MA Dec14           284           188           177               6           130           (27)         (114)         (234)
Comerica Dallas TX Dec14           593           541           521           393           260             16           212           682
AGL Resources Atlanta GA Dec14           580           308           274           186           250           249           237           241
Arthur J Gallagher Itasca IL Dec14           303           269           195           144           163           133           111           155
Synopsys Mountain View CA Oct14           259           248           182           221           237           168           190           130
Cooper Companies Pleasanton CA Oct14           272           297           249           175           113           101             64           (13)
Raymond James Financial St Petersburg FL Sep14           448           397           292           268           223           140           231           241
Torchmark Corp McKinney TX Dec14           542           528           529           498           504           386           430           489
ResMed San Diego CA Jun15           353           345           307           255           227           190           146           110
DENTSPLY Intl York PA Dec14           323           318           318           247           267           274           283           260
Splunk San Francisco CA Jan15         (217)           (79)           (37)           (11)             (4)             (7)           (15)             (7)
Brixmor Property Group New York NY Dec14           113           (81)         (150)           118         (275)         (128)         (970)  NA 
Gartner Inc Stamford CT Dec14           184           183           166           137             96             83             97             71
Vereit Inc Phoenix AZ Dec14      (1,011)         (508)           (41)             (4)



Plum Creek Timber Seattle WA Dec14           214           214           203           193           202           236           233           280
Aramark Philadelphia PA Oct14           149             70           107             97             32             -               34  NA 
Williams-Sonoma San Francisco CA Jan15           309           279           257           237           200             77             30           196
CDW Corp Vernon Hills IL Dec14           245           133           119             17           (29)         (373)      (1,765)           134
Signature Bank New York NY Dec14           297           229           185           150           102             63             43             27
Robert Half Intl Menlo Park CA Dec14           306           252           210           150             66             37           250           296
CIT Group Livingston NJ Dec14        1,079           650         (532)             20           526      (3,971)         (632)           795
Ashland Inc Covington KY Sep14             72           553             14               3               7         (240)             87           257
Garmin Ltd Olathe KS Dec14           364           612           542           521           585           704           733           855
Spirit AeroSystems Holdings Wichita KS Dec14           359         (621)             35           192           219           192           265           297
PulteGroup Atlanta GA Dec14           474        2,620           206         (210)      (1,097)      (1,183)      (1,473)      (2,274)
ONEOK Tulsa OK Dec14           669           589           678           645           350           484           595           493
Envision Healthcare Holdings Greenwood Village CO Dec14           120             11             41             34           132           115             85  NA 
IDEXX Laboratories Westbrook ME Dec14           182           188           178           162           141           122           116             94
W R Berkley Corp Greenwich CT Dec14           650           505           511           391           447           309           281           309
Sunoco Logistics Partners LP Newtown Square PA Dec14           300           474           531           322           348           250           214           121
Skechers USA Inc Manhattan Beach CA Dec14           152             61             11           (68)           136             51             53             76
Airgas Inc Radnor PA Mar15           368           351           341           313           250           196           261           227
DexCom Inc San Diego CA Dec14           (22)           (30)           (55)           (45)           (55)           (54)           (59)           (48)
W R Grace Columbia MD Dec14           277           258             41           219           194             81           137           113
Harman Intl Industries Stamford CA Jun15           343           236           142           330           136             40         (422)             96
Duke Realty Corp Indianapolis IN Dec14           226             61           (86)             (3)             39         (254)             86           164
NetSuite San Mateo CA Dec14         (100)           (70)           (35)           (32)           (27)           (24)           (17)           (25)
Omega Healthcare Investors Hunt Valley MD Dec14           221           173           121             53             58             82             78             68
Westlake Chemical Houston TX Dec14           685           610           386           259           221             53           (30)           115
Hyatt Hotels Chicago IL Dec14           346           205             87           111             51           (45)           114           266
Dresser-Rand Group Houston TX Dec14           124           169           183           121           147           211           198           107
Alnylam Pharmaceuticals Cambridge MA Dec14         (360)           (89)         (106)           (58)           (44)           (48)           (26)           (85)
Qorvo Greensboro NC Mar15           196             13           (53)               1           125  NA   NA   NA 
AES Corp Arlington VA Dec14        1,176           730         (420)        1,575        1,481        1,809        1,929           857
Broadridge Financial Solutions Lake Success NY Jun15           287           263           212           125           172           225           223           188
American Capital Agency Bethesda MD Dec14         (233)        1,259        1,277           770           288           119             35  NA 
AutoNation Fort Lauderdale FL Dec14           420           376           317           284           235           233      (1,212)           284
Weatherford Intl PLC Houston TX Dec14         (539)         (314)         (750)           205         (199)           280        1,440        1,112
SS&C Technologies Windsor CT Dec14           131           118             46             51             32             19             19               7
FactSet Research Systems Norwalk CT Aug14           212           199           189           171           150           145           125           110
Jones Lang LaSalle Chicago IL Dec14           388           273           209           166           154             (3)             87           260
Iron Mountain Boston MA Dec14           329             99           183           246           166           232             95           171
Camden Property Trust Houston TX Dec14           301           156           161             24               8           (66)             (7)             53
Medivation San Francisco CA Dec14           276           (43)           (41)           (39)           (34)           (55)           (62)           (32)
Msci Inc New York NY Dec14           199           200           165           159             88             82             68             81
Crown Holdings Philadelphia PA Dec14           475           428           664           396           452           450           330           601
Centene Corp St Louis MO Dec14           264           166           (11)           108             98             89             84             41
Rite Aid Corp Camp Hill  PA Feb15        2,109           249           118         (369)         (555)         (507)      (2,912)      (1,076)
United Therapeutics Silver Spring MD Dec14           340           175           304           217           111             19           (50)             12
Alexandria Real Estate Equities Pasadena CA Dec14             99           135             95           117             63           135           100             76
NVR Inc Reston VA Dec14           282           266           181           129           206           192           101           334
Scripps Networks Interactive Knoxville TN Dec14           727           683           850           637           516           359           116           351
Essex Property Trust Palo Alto CA Dec14           134           141           128             47             47             44             80             56
Ingredion Westchester IL Dec14           363           403           434           423           176             47           275           203
Mid-America Apartment Communities Memphis TN Dec14           149             37             61             29             23             32             30             33
Continental Resources Oklahoma City OK Dec14           977           764           739           429           168             71           321             29
Fluor Corp Irving TX Dec14           852           823           571           698           441           733           749           547
Toll Brothers Horsham PA Oct14           340           171           487             40             (3)         (756)         (298)             36
American Financial Group Cincinnati OH Dec14           406           453           402           319           426           530           200           413
WABCO Holdings Rochester Hills MI Dec14           301           662           313           368         (214)             24           216           128
Kilroy Realty Corp Los Angeles CA Dec14             59             15             (5)           (17)             (7)             28             41             39
Zayo Group Holdings Boulder CO Jun15         (155)         (182)         (146)           (10)             (7)           (14)           (10)  NA 
ManpowerGroup Milwaukee WI Dec14           428           288           198           252         (264)             (9)           206           474
Reinsurance Group of America Chesterfield MO Dec14           684           419           632           546           536           407           188           308
Middleby Elgin IL Dec14           193           154           121             95             73             61             64             53
W P Carey New York NY Dec14           213             94             88           153             84             64             69             67
Cadence Design Systems San Jose CA Dec14           159           164           440             72           127         (150)      (1,857)           287
SVB Financial Group Santa Clara CA Dec14           479           546           250           283           137             11             55           149
UGI Corp King of Prussia PA Sep14           533           428           198           308           356           382           305           311
Axalta Coating Systems Ltd Philadelphia PA Dec14             35         (210)           248           182           173             78  NA   NA 
Flextronics Intl Ltd San Jose CA Mar15           601           366           303           521           612             25      (6,123)         (664)
Waste Connections Woodlands TX Dec14           233           196           160           166           136           111           115           111












Total all 100


     32,260      29,827      23,351      19,021      19,240        7,342      (8,686)      14,467












Annual % Earnings Increase:










….. 2014 Over 2013


8%






….. 2014 Over 2012


38%






….. 2014 Over 2011


70%






….. 2014 Over 2010


68%






….. 2014 Over 2009


339%






….. 2014 Over 2008


471%






….. 2014 Over 2007


123%






Two Year Earnings (Losses):










….. 2013-14


     62,087






….. 2008-09


     (1,344)






………. Two Year Earnings Increase:










…………… Amount


     63,431






……………    %


4720%








Next up ..... the seventh hundred largest US Companies ..... #601 through #700.