Thursday, September 8, 2016

The 113 Largest US Companies With Market Caps Several Months Ago Above $40 Bil Registered First Half 2016 US GAAP Total Earnings of $311 Bil, Down Only 3% From Their First Half 2015 Total Earnings of $320 Bil ..... In Comparison, Annual Total Audited Earnings of These 113 US Companies in 2015 Increased 1% Over 2014 and Their Annual Total Audited Earnings in 2014 Were Down 5% From 2013

From a review of the very fine Google Finance Website and of company financial statements in the US SEC website, I found the 113 largest Companies headquartered in the US with Stock Market Capitalizations several months ago of more than $40 Bil.

These 113 largest US Companies posted First Half 2016 US GAAP Earnings From Continuing Operations of $311 Bil, which were down 3% from the $320 Bil registered in the First Half 2015.  The First Half Earnings amounts are predominately for the Six Months Ended June, with the remainder being for the Six Months Ended in either May or in July.

Below here are the total reported US GAAP Earnings (Losses) From Continuing Operations for the First Half of both 2016 and 2015 of the 113 US Companies with Market Caps several months ago of more than $40 Bil, with the Total Earnings amounts presented in Company Stock Market Capitalization order of several months ago:






1st 1st






Half Half






2016 2015



Most
1st US GAAP US GAAP



Recent
Half Net Net
City State 2015
Month Income Income %
Company HQs HQs FYE
End (Loss) (Loss) Change





 $ mils  $ mils
Market Caps Above $40 Bil







Apple Cupertino CA Sep15
June          18,312          24,246
Alphabet (Google) Mountain View CA Dec15
June            9,084            7,446
Microsoft Redmond WA Jun16
June            6,878            1,790
Exxon Mobil Irving TX Dec15
June            3,462            9,337
Berkshire Hathaway Omaha NE Dec15
June          10,739            9,340
Johnson & Johnson New Brunswick NJ Dec15
June            8,454            8,836
Amazon Seattle WA Dec15
June            1,370                 35
Facebook Menlo Park CA Dec15
June            3,565            1,231
General Electric Boston MA Dec15
June            3,723          (2,860)
AT&T Dallas TX Dec15
June            7,400            6,523
Wal-Mart Bentonville AR Jan16
July            7,105            6,918
Verizon Communications New York NY Dec15
June            5,261            8,691
Wells Fargo San Francisco CA Dec15
June          11,087          11,670
Procter & Gamble Cincinnati OH Jun16
June            4,345            2,897
Pfizer New York NY Dec15
June            5,060            5,011
JPMorgan Chase New York NY Dec15
June          11,720          12,204
Coca-Cola Atlanta GA Dec15
June            4,953            4,677
Chevron San Ramon CA Dec15
June          (2,170)            3,208
Visa San Francisco CA Sep15
June            2,119            3,247
Home Depot Atlanta GA Jan16
July            4,244            3,813
Oracle Redwood City CA May16
May            4,956            5,253
Comcast Philadelphia PA Dec15
June            4,304            4,316
Merck Kenilworth NJ Dec15
June            2,339            1,646
Walt Disney Co Burbank CA Sep15
June            4,988            4,867
Philip Morris New York NY Dec15
June            3,447            3,750
Pepsico Purchase NY Dec15
June            2,958            3,225
Intel Santa Clara CA Dec15
June            3,376            4,698
Altria Group Richmond VA Dec15
June            2,872            2,467
Cisco Systems San Jose CA Jul15
July            5,162            4,756
IBM Armonk NY Dec15
June            4,521            5,942
UnitedHealth Group Minnetonka MN Dec15
June            3,387            2,998
Banc of America Charlotte NC Dec15
June            6,912            8,231
Medtronic plc Minneapolis MN Apr16
July            2,033               819
Bristol-Myers Squibb New York NY Dec15
June            2,394            1,089
Amgen Thousand Oaks CA Dec15
June            3,770            3,276
Citigroup New York NY Dec15
June            7,555            9,675
Kraft Heinz Co Pittsburgh PA Dec15
June            1,855               119
McDonald's Oak Brook IL Dec15
June            2,218            2,014
Gilead Sciences Foster City CA Dec15
June            7,064            8,829
Schlumberger Ltd Houston TX Dec15
June          (1,623)            2,122
CVS Health Woonsocket RI Dec15
June            2,071            2,493
3M St Paul MN Dec15
June            2,571            2,504
AbbVie North Chicago IL Dec15
June            2,964            2,388
MasterCard Purchase NY Dec15
June            1,942            1,941
Allergan plc (was Actavis) Parsippany NJ Dec15
June             (515)          (1,278)
United Parcel Service Atlanta GA Dec15
June            2,400            2,256
Nike Beaverton OR May16
May            1,796            1,656
Eli Lilly Indianapolis IN Dec15
June            1,188            1,130
Walgreens Boot Alliance  Deerfield IL Aug15
May            2,039            3,370
Honeywell Morris Plains NJ Dec15
June            2,486            2,368
United Technologies Farmington CT Dec15
June            2,780            3,007
Starbucks Seattle WA Sep15
June            1,330            1,123
Reynolds American Winston Salem NC Dec15
June            4,361            2,317
Boeing Chicago IL Dec15
June               985            2,446
Lockeed Martin Bethesda MD Dec15
June            1,919            1,807
Qualcomm San Diego CA Sep15
June            2,607            2,235
Celgene Summit NJ Dec15
June            1,399            1,075
Costco Issaquah WA Aug15
May            1,104            1,126
Union Pacific Omaha NE Dec15
June            1,958            2,355
Lowe's Companies Mooresville NC Jan16
July            2,051            1,799
Danaher Washington DC Dec15
June            1,415            1,274
Simon Property Group Indianapolis IN Dec15
June            1,091            1,187
Mondelez Intl Deerfield IL Dec15
June            1,028               739
US Bancorp Minneapolis MN Dec15
June            2,937            2,941
Colgate-Palmolive New York NY Dec15
June            1,212            1,199
Charter Communications St Louis MO Dec15
June            2,926             (203)
Broadcom Ltd San Jose CA Oct 15
July          (1,520)               583
Chubb Ltd (Was Ace Ltd) Philadelphia PA Dec15
June            1,165            1,623
Texas Instruments Dallas TX Dec15
June            1,447            1,352
ConocoPhillips Houston TX Dec15
June          (2,514)               122
Enterprise Products Partners LP Houston TX Dec15
June            1,240            1,207
Dow Chemical Midland MI Dec15
June            3,502            2,716
Goldman Sachs New York NY Dec15
June            2,957            3,892
Occidental Petroleum Houston TX Dec15
June             (496)               (35)
Abbott Laboratories Abbott Park IL Dec15
June               655            1,315
Dupont Wilmington DE Dec15
June            2,256            1,995
Biogen Cambridge MA Dec15
June            2,018            1,745
Thermo Fisher Scientific Waltham MA Dec15
June               919               897
Time Warner New York NY Dec15
June            2,125            1,904
Priceline Group Norwalk CT Dec15
June               955               850
American Express New York NY Dec15
June            3,441            2,998
Twenty-First Century Fox New York NY Jun16
June            1,534            1,204
EMC Corp Hopkinton MA Dec15
June               927               811
TJX Companies Framingham MA Jan16
July            1,071            1,024
Salesforce.com San Francisco CA Jan16
July               268                   3
Morgan Stanley New York NY Dec15
June            2,810            4,301
BlackRock New York NY Dec15
June            1,442            1,651
Ford Motor Dearborn MI Dec15
June            4,427            3,315
American Intl Group New York NY Dec15
June            1,778            4,251
Kimberly-Clark Dallas TX Dec15
June            1,138               193
Adobe Systems San Jose CA Nov15
May               498               232
EOG Resources Houston TX Dec15
June             (764)             (164)
American Tower Boston MA Dec15
June               474               353
Express Scripts St. Louis MO Dec15
June            1,259            1,053
Monsanto St Louis MO Aug15
May            1,772            2,567
Stryker Kalamazoo MI Dec15
June               782               616
PayPal Holdings San Jose CA Dec15
June               688               560
Public Storage Glendale CA Dec15
June               676               611
MetLife New York NY Dec15
June            2,317            3,282
Caterpillar Peoria IL Dec15
June               825            2,051
General Motors Detroit MI Dec15
June            4,781            2,048
Aetna Hartford CT Dec15
June            1,531            1,511
Phillips 66 Houston TX Dec15
June               914            2,022
McKesson San Francisco CA Mar16
June            1,138            1,010
Kinder Morgan Inc Houston TX Dec15
June               689               761
Bank New York Mellon New York NY Dec15
June            1,683            1,699
General Dynamics Falls Church VA Dec15
June            1,488            1,468
Automatic Data Processing Roseland NJ Jun16
June               815               747
Target Corp Minneapolis MN Jan16
July            1,239            1,424
FedEx Memphis TN May16
May               437             (267)
PNC Financial Services Group Pittsburgh PA Dec15
June            1,932            2,048
Netflix Los Gatos CA Dec15
June                 68                 50
General Mills Minneapolis MN May16
May               758               552









Total all 113 With Market Caps Above $40 Bil



       310,789        319,758 -3%