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 $3.010 bil, a huge $6.165 bil Earnings Improvement from the $3.155 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.
The largest US Companies have recovered fantastically well from the 2008-9 US financial meltdown. But it is also very clear that actions by the Obama Administration and the US Fed have helped the smaller US Companies recover from the 2008-9 US financial meltdown even more so than the largest US Companies.
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 fairly recent 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: #2101 - #2200 | HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
| $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
| Lattice Semiconductor | Portland | OR | Dec14 | 49 | 22 | (30) | 78 | 57 | (7) | (38) | (240) |
| Natural Grocers by Vitamin Cottage Inc | Lakewood | CO | Sep14 | 13 | 11 | 7 | 5 | 6 | 5 | ||
| Capella Education Company | Minneapolis | MN | Dec14 | 38 | 35 | 36 | 52 | 61 | 43 | 29 | 23 |
| Moneygram Intl Inc | Dallas | TX | Dec14 | 72 | 52 | (49) | 59 | 44 | (2) | (261) | (1,072) |
| Glu Mobile Inc | San Francisco | CA | Dec14 | 8 | (20) | (20) | (21) | (13) | (18) | (107) | (3) |
| Nautilus Inc | Vancouver | WA | Dec14 | 20 | 48 | 11 | 3 | (10) | (19) | (53) | (46) |
| Pacific Biosciences of California | Menlo Park | CA | Dec14 | (66) | (79) | (94) | (109) | (140) | (88) | (44) | (22) |
| Piper Jaffray Companies | Minneapolis | MN | Dec14 | 74 | 55 | 50 | (89) | 22 | 30 | (185) | 25 |
| TETRA Technologies Inc | Woodlands | TX | Dec14 | (168) | 3 | 19 | 5 | (43) | 69 | (10) | 1 |
| Alamo Group Inc | Seguin | TX | Dec14 | 41 | 36 | 29 | 33 | 21 | 19 | 11 | 12 |
| Accuray Inc | Sunnyvale | CA | Jun15 | (40) | (35) | (97) | (71) | (27) | 3 | 1 | 5 |
| Seacoast Banking Corp of Florida | Stuart | FL | Dec14 | 6 | 52 | (1) | 7 | (33) | (147) | (46) | 10 |
| RigNet Inc | Houston | TX | Dec14 | 16 | 17 | 12 | 10 | (15) | (20) | 10 | (2) |
| Haverty Furniture Companies Inc | Atlanta | GA | Dec14 | 9 | 32 | 15 | 15 | 8 | (4) | (12) | 2 |
| AtriCure Inc | West Chester | OH | Dec14 | (16) | (11) | (8) | (5) | (4) | (16) | (10) | (11) |
| Applied Micro Circuits Corp | Sunnyvale | CA | Mar15 | (52) | (6) | (134) | (83) | (1) | (14) | (261) | (45) |
| Enanta Pharmaceuticals Inc | Watertown | MA | Dec14 | 34 | 10 | 21 | 23 | 8 | |||
| Superior Industries Intl Inc | Van Nuys | CA | Dec14 | 9 | 23 | 31 | 67 | 52 | (94) | (26) | 9 |
| Spectranetics Corp | Colorado Springs | CO | Dec14 | (41) | (0) | 2 | 1 | (13) | (13) | (4) | 7 |
| Caretrust REIT Inc | Mission Viejo | CA | Dec14 | (8) | (0) | 0 | (5) | (2) | |||
| Kansas City Life Insurance Co | Kansas City | MO | Dec14 | 30 | 30 | 41 | 26 | 22 | 11 | (17) | 36 |
| Sprague Resources LP | Portsmouth | NH | Dec14 | 123 | (30) | (13) | 30 | 16 | 20 | 21 | (7) |
| RealD | Beverly Hills | CA | Mar15 | (24) | (11) | (10) | 37 | (7) | (40) | (16) | (30) |
| Prime Global Capital Group Inc | Las Vegas | NV | Oct14 | (1) | (4) | 0 | 2 | 0 | (0) | ||
| Ennis Inc | Midlothian | TX | Feb15 | (45) | 13 | 25 | 31 | 45 | 35 | (33) | 45 |
| EMC Insurance Group Inc | Des Moines | IA | Dec14 | 30 | 44 | 38 | (3) | 31 | 45 | (2) | 42 |
| Fred's Inc | Memphis | TN | Dec14 | (29) | 26 | 30 | 33 | 30 | 24 | 17 | 11 |
| EPIQ Systems Inc | Kansas City | KS | Dec14 | (1) | 11 | 22 | 12 | 14 | 15 | 14 | 7 |
| Green Brick Partners Inc | Plano | TX | Dec14 | 61 | 44 | 21 | 4 | 2 | |||
| AK Steel Holding Corp | West Chester | OH | Dec14 | (97) | (47) | (1,027) | (156) | (129) | (75) | 4 | 388 |
| DTS Inc | Calabasas | CA | Dec14 | 27 | 16 | (16) | 18 | 15 | 11 | 10 | 10 |
| PennantPark Investment Corp | New York | NY | Sep14 | 111 | 92 | 63 | 10 | 17 | 36 | (41) | (17) |
| CoBiz Financial Inc | Denver | CO | Dec14 | 29 | 27 | 24 | 33 | (22) | (83) | 2 | 23 |
| Clean Energy Fuels Corp | Newport Beach | CA | Dec14 | (91) | (67) | (101) | (47) | (3) | (34) | (45) | (9) |
| Progenics Pharmaceuticals Inc | Tarreytown | NY | Dec14 | 4 | (43) | (35) | 10 | (70) | (31) | (45) | (44) |
| Wausau Paper Corp | Mosinee | WI | Dec14 | (18) | (28) | (2) | 25 | 12 | 15 | (13) | (2) |
| TransMontaigne Partners LP | Denver | CO | Dec14 | 32 | 35 | 39 | 47 | 27 | 27 | 26 | 25 |
| Yodlee Inc | Redwood City | CA | Dec14 | (7) | (1) | (7) | (9) | (6) | (11) | ||
| Infinity Pharmaceuticals | Cambridge | MA | Dec14 | (17) | (127) | (54) | (40) | (49) | (31) | 24 | (17) |
| Intralinks Inc | New York | NY | Dec14 | (26) | (15) | (17) | (1) | (12) | (25) | (25) | (38) |
| TrueCar Inc | Santa Monica | CA | Dec14 | (48) | (25) | (74) | (9) | (4) | (7) | ||
| Harmonic Inc | San Jose | CA | Dec14 | (46) | 22 | (16) | 2 | (12) | (32) | 64 | 23 |
| First National Bank Alaska | Anchorage | AK | Dec14 | 33 | 32 | 40 | 35 | 40 | 37 | 43 | 38 |
| Sequential Brands Group Inc | New York | NY | Dec14 | (1) | (11) | (7) | 0 | (1) | |||
| Westwood Holdings Group Inc | Dallas | TX | Dec14 | 27 | 18 | 12 | 14 | 11 | 8 | 11 | 8 |
| Bryn Mawr Bank Corp | Bryn Mawr | PA | Dec14 | 28 | 24 | 21 | 20 | 9 | 10 | 9 | 14 |
| Bridge Bancorp Inc | BridgeHampton | NY | Dec14 | 14 | 13 | 13 | 10 | 9 | 9 | 9 | 8 |
| Cocrystal Pharma Inc | Bothell | WA | Dec14 | (0) | (4) | (8) | (5) | (0) | |||
| Haynes Intl Inc | Kokomo | IN | Sep14 | 4 | 22 | 50 | 31 | 9 | (52) | 63 | 66 |
| Live Oak Bancshares Inc | Wilmington | NC | Dec14 | 10 | 27 | 15 | 14 | 8 | |||
| Unitil Corp | Hampton | NH | Dec14 | 25 | 22 | 18 | 16 | 10 | 10 | 10 | 9 |
| Douglas Dynamics Inc | Milwaukee | WI | Dec14 | 40 | 12 | 6 | 19 | 2 | 10 | 11 | (1) |
| Sangamo Biosciences Inc | Richmond | CA | Dec14 | (26) | (27) | (22) | (36) | (25) | (19) | (24) | (21) |
| Westmoreland Coal Company | Englewood | CO | Dec14 | (173) | (8) | (14) | (37) | (3) | (29) | (49) | (13) |
| Banc of California Inc | Irvine | CA | Dec14 | 30 | 0 | 6 | (3) | 3 | (1) | (1) | 3 |
| Heidrick & Struggles Intl Inc | Chicago | IL | Dec14 | 7 | 6 | 6 | (34) | 7 | (21) | 39 | 56 |
| Anworth Mortgage Asset Corp | Santa Monica | CA | Dec14 | 29 | 76 | 100 | 123 | 110 | 130 | 55 | (5) |
| SunCoke Energe Partners LP | Lisle | IL | Dec14 | 72 | 103 | 57 | 31 | 24 | (7) | ||
| Myers Industries Inc | Akron | OH | Dec14 | 9 | 26 | 27 | 22 | 19 | 7 | (46) | 37 |
| Hornbeck Offshore Services Inc | Covington | LA | Dec14 | 88 | 64 | 35 | (4) | 35 | 50 | 116 | 91 |
| Oci Resources LP | Atlanta | GA | Dec14 | 92 | 71 | 101 | 87 | 49 | 53 | 78 | |
| Norcraft Companies Inc | Eagan | MN | Dec14 | 7 | (15) | (10) | (7) | (2) | (12) | (68) | |
| Global Brass and Copper Holdings Inc | Schaumburg | IL | Dec14 | 32 | 11 | 13 | 55 | 42 | 10 | (69) | 104 |
| Keryx Biopharmaceuticals | New York | NY | Dec14 | (111) | (47) | (25) | (28) | (20) | 10 | (53) | (89) |
| FormFactor Inc | Livermore | CA | Dec14 | (19) | (58) | (36) | (66) | (188) | (156) | (81) | 73 |
| Opower Inc | Arlington | VA | Dec14 | (42) | (14) | (12) | (21) | (14) | |||
| WMIH Corp | Seattle | WA | Dec14 | 3 | 0 | (16) | (11) | 5 | |||
| NewStar Financial Inc | Boston | MA | Dec14 | 11 | 25 | 24 | 14 | 10 | (46) | 22 | (9) |
| Newpark Resources Inc | Woodlands | TX | Dec14 | 79 | 53 | 50 | 71 | 32 | (21) | 39 | 32 |
| MYR Group Inc | Rolling Meadows | IL | Dec14 | 37 | 35 | 34 | 18 | 16 | 17 | 24 | (3) |
| Bridge Capital Holdings | San Jose | CA | Dec14 | 18 | 15 | 14 | 8 | 3 | 1 | (7) | 11 |
| Breitburn Energy Partners LP | Los Angeles | CA | Dec14 | 421 | (44) | (41) | 111 | 35 | (107) | 378 | (60) |
| Forestar Group Inc | Austin | TX | Dec14 | 17 | 29 | 13 | 7 | 5 | 59 | 12 | 25 |
| DHI Group Inc | New York | NY | Dec14 | 28 | 16 | 38 | 34 | 19 | 13 | 15 | 13 |
| Ladenburg Thalmann Financial Services | Miami | FL | Dec14 | 33 | (1) | (16) | 4 | (11) | (19) | (20) | 9 |
| Fidelity Southern Corp | Atlanta | GA | Dec14 | 30 | 27 | 25 | 11 | 10 | (4) | (12) | 7 |
| HCI Group | Tampa | FL | Dec14 | 63 | 66 | 30 | 10 | 5 | 11 | 13 | 1 |
| SPX Corp | Charlotte | NC | Dec14 | 380 | 211 | (165) | 156 | 178 | 49 | 259 | 290 |
| Tredegar Corp | Richmond | VA | Dec14 | 36 | 36 | 43 | 29 | 27 | (1) | 30 | 35 |
| Rentech Nitrogen Partners LP | Los Angeles | CA | Dec14 | (1) | 4 | 107 | 31 | 5 | 28 | 30 | 7 |
| MainSource Financial Group Inc | Greensburg | IN | Dec14 | 29 | 26 | 27 | 24 | 15 | (64) | 19 | 22 |
| Zumiez Inc | Lynnwood | WA | Dec14 | 43 | 46 | 42 | 37 | 24 | 9 | 17 | 25 |
| Farmer Brothers Co | Fort Worth | TX | Jun15 | 1 | 12 | (8) | (27) | (52) | (24) | (33) | (8) |
| CSI Compressco LP | Midland | TX | Dec14 | 11 | 18 | 16 | 7 | 2 | 7 | 11 | 10 |
| Memorial Production Partners LP | Houston | TX | Dec14 | 118 | 20 | 47 | 149 | 3 | 1 | 21 | (16) |
| QAD Inc | Santa Barbara | CA | Jan15 | 13 | 6 | 7 | 11 | 3 | 1 | (24) | 5 |
| Beazer Homes USA Inc | Atlanta | GA | Sep14 | 35 | (32) | (136) | (200) | (30) | (173) | (779) | (346) |
| Walter Investment Management Corp | Tampa | FL | Dec14 | (110) | 253 | (22) | (66) | 37 | 114 | 2 | 24 |
| Re/Max Holdings Inc | Denver | CO | Dec14 | 44 | 28 | 33 | 24 | (3) | (1) | (76) | |
| HomeStreet Inc | Seattle | WA | Dec14 | 22 | 24 | 82 | 16 | (34) | (110) | 8 | 20 |
| Tejon Ranch Company | Lebec | CA | Dec14 | 6 | 4 | 4 | 16 | 4 | (3) | 4 | 7 |
| Telos Corp | Ashburn | VA | Dec14 | (12) | (3) | 7 | 1 | 3 | 1 | 11 | 6 |
| Cowen Group Inc | New York | NY | Dec14 | 183 | 18 | (24) | (79) | (32) | (39) | (256) | 142 |
| GSI Group Inc | Bedford | MA | Dec14 | (17) | 10 | 28 | 24 | (20) | (71) | (213) | 15 |
| A10 Networks Inc | San Jose | CA | Dec14 | (36) | (29) | (90) | 7 | 5 | |||
| La Jolla Pharmaceutical Co | San Diego | CA | Dec14 | (21) | (18) | (8) | (12) | (4) | (9) | (63) | (53) |
| Farmers & Merchants Bancorp | Lodi | CA | Dec14 | 25 | 24 | 23 | 22 | 21 | 20 | 23 | 23 |
| Inovio Pharmaceuticals Inc | San Diego | CA | Dec14 | (36) | (66) | (20) | (15) | (18) | (24) | (13) | (11) |
| Eldorado Resorts Inc | Reno | NV | Dec14 | (14) | 19 | (1) | (29) | (6) | (1) | (28) | |
| Steel Partners Holdings LP | New York | NY | Dec14 | (18) | 38 | 44 | 71 | 13 | (62) | (757) | 20 |
| Total all 100 | 1,591 | 1,420 | (692) | 740 | 299 | (804) | (2,351) | (280) | |||
| 2014 % Earnings Increase: | |||||||||||
| ….. Over 2013 | 12% | ||||||||||
| ….. Over 2012 | 330% | ||||||||||
| ….. Over 2010 | 433% | ||||||||||
| ….. Over 2007 | 668% | ||||||||||
| 2014 Earnings Improvement 2014 vs 2008 | 3,942 | ||||||||||
| Two Year Earnings (Losses) Totals: | |||||||||||
| ….. 2013-14 | 3,010 | ||||||||||
| ….. 2008-9 | (3,155) | ||||||||||
| ………. Two Year Earnings Improvement | 6,165 | ||||||||||
