Wednesday, September 21, 2016

The 1,808 US Companies With Market Caps Several Months Ago Above $1 Bil Registered First Half 2016 US GAAP Total Earnings of $478.8 Bil, Down 10% From Their First Half 2015 Total US GAAP Earnings of $529.2 Bil; Annual 2015 Audited US GAAP Total Earnings Were $965 Bil, Down 14% From $1.123 Tril in Annual 2014; and Annual 2014 Audited US GAAP Total Earnings Were $1.123 Tril, Down 10% From $1.252 Tril in Annual 2013 ..... Thus, Consistently Weak Earnings in the Past 2 1/2 Years

Below here is a summary of Total Income From Continuing Operations for the most recent 3 1/2 years for all US Companies with Market Caps several months ago above $1 Bil, with the Totals Shown by Market Cap Ranges.

If all US Publicly-Held Companies with Market Caps Above $1 Mil (just short of 5,000 Companies) were included below, the Earnings Trend would be much worse than below, particularly in Annual 2015 where the Earnings Decline is a huge 25% from Annual 2014.







Annual Annual Annual
Annual Annual


1st Half 1st Half
2015 2014 2013
2015 2014


2016 2015
US GAAP US GAAP US GAAP
vs vs


US GAAP US GAAP
Audited Audited Audited
Annual Annual


Net Net
Net Net Net
2014 2013
# of Income Income %
Income Income Income
% %
Company Market Cap Range Cos (Loss) (Loss) Change
(Loss) (Loss) (Loss)
Change Change

 $ mils  $ mils
 $ mils  $ mils  $ mils












Above $40 Bil 113   310,789     319,758 -3%
  647,002     639,295     675,817
1% -5%
$10-40 Bil 298   106,829     108,883 -2%
  197,488     262,623     251,658
-25% 4%
$5-10 Bil 286     34,252       53,060 -35%
    74,037     108,002     104,438
-31% 3%
$3-5 Bil 278     13,607       17,876 -24%
    25,852       41,192       44,286
-37% -7%
$2-3 Bil 317     13,000         9,564 36%
    11,765       43,541     108,954
-73% -60%
$1-2 Bil 516          315       20,094 -98%
      8,866       28,749       66,885
-69% -57%










Totals       1,808   478,792     529,235 -10%
  965,011  1,123,404  1,252,038
-14% -10%