Monday, September 12, 2016

The 286 US Companies With Market Caps Several Months Ago of $5-10 Bil Registered First Half 2016 US GAAP Total Earnings of $34.3 Bil, Down a Huge 35% From Their First Half 2015 Total Earnings of $53.1 Bil ..... In Comparison, Annual Total Audited Earnings of These US Companies in 2015 Also Decreased by a Huge 31% From Annual 2014

From a review of the superb Google Finance Website and of company financial statements in the US SEC website, I found the 286 Companies headquartered in the US with Stock Market Capitalizations several months ago of $5-10 Bil.  Traditional Regulated Utility Companies are excluded.

These 286 US Companies posted First Half 2016 US GAAP Earnings From Continuing Operations of $34.3 Bil, which were down a huge 35% from the $53.1 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.  Three of these 286 US Companies have not yet reported their June or July 2016 financial statements with the SEC and thus these calendar second quarter earnings were excluded below.

Unfortunately, this 35% Total Earnings Decline in the First Half of 2016 from the First Half of 2015 followed another 31% Total Earnings Decline in Annual 2015 from Annual 2014.

Below here are the total reported US GAAP Earnings (Losses) From Continuing Operations for the First Half of both 2016 and 2015 for the 286 US Companies with Market Caps several months ago of $5-10 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 $5-10 Bil







Mettler-Toledo Intl Columbus OH Dec15
June               145               141
UDR Inc Highlands Ranch CO Dec15
June                 31               166
First Data Corp New York NY Dec15
June               209               (30)
LKQ Corp Chicago IL Dec15
June               248               227
First Republic Bank San Francisco CA Dec15
June               322               247
Discovery Communications Silver Spring MD Dec15
June               684               539
Celanese Irving TX Dec15
June               481               437
Medivation San Francisco CA Dec15
June             (399)                 23
KKR & Co LP New York NY Dec15
June             (487)            5,249
CarMax Richmond VA Feb16
May               316               325
Hologic Marlborough MA Sep15
June               154                 77
Kansas City Southern Kansas City MO Dec15
June               229               213
Xerox Norwalk CT Dec15
June               194               308
Ingredion Westchester IL Dec15
June               254               195
Lennar Corp Miami FL Nov15
May               369               302
Restaurant Brands Intl Miami FL Dec15
June               416               144
XL Group plc New York NY Dec15
June               132               994
Western Union Englewood CO Dec15
June               391               393
Akamai Technologies Cambridge MA Dec15
June               148               145
Norwegian Cruise Lines Miami FL Dec15
June               218               137
Mosaic Plymouth MN Dec15
June               246               686
TripAdvisor Needham MA Dec15
June                 62               121
Lincoln National Corp Radnor PA Dec15
June               533               644
Wynn Resorts Ltd Las Vegas NV Dec15
June               195                 63
KeyCorp Cleveland OH Dec15
June               385               466
Snap-on Inc Kenosha WI Dec15
June               275               236
Interpublic Group New York NY Dec15
June               163               120
Autoliv Inc Auburn Hills MI Dec15
June               282               173
Vereit Inc Phoenix AZ Dec15
June             (113)             (139)
Duke Realty Corp Indianapolis IN Dec15
June               153                 95
J B Hunt Transport Services Lowell AR Dec15
June               205               195
Sealed Air Charlotte NC Dec15
June               142               125
Cheniere Energy Houston TX Dec15
June             (684)             (478)
Hanesbrands Winston Salem NC Dec15
June               208               148
Huntington Ingalls Industries Newport News VA Dec15
June               269               243
Tesoro Corp San Antonio TX Dec15
June               547               812
Expeditors Intl Washington Seattle WA Dec15
June               213               226
Albemarle Corp Charlotte NC Dec15
June               314                 98
Verisign Reston VA Dec15
June               221               181
Buckeye Partners LP Houston TX Dec15
June               279               203
Fortune Brands Home & Security Deerfield IL Dec15
June               186               119
ResMed San Diego CA Jun16
June               171               178
Arch Capital Group Ltd White Plains NY Dec15
June               425               435
Coty Inc New York NY Jun16
June               (51)               108
Michael Kors Holdings New York NY Mar16
June               322               357
Stericycle Lake Forest IL Dec15
June               124               118
IMS Health Holdings Danbury CT Dec15
June                 67               345
Amdocs Ltd Chesterfield MO Sep15
June               213               224
Juniper Networks Sunnyvale CA Dec15
June               231               238
CBRE Group Los Angeles CA Dec15
June               208               226
CNA Financial Chicago IL Dec15
June               275               371
WhiteWave Foods Denver CO Dec15
June                 94                 71
Cooper Companies Pleasanton CA Oct15
July               162               106
Ally Financial Detroit MI Dec15
June               604               348
Newfield Exploration Co Woodlands TX Dec15
June          (1,291)          (1,472)
The Gap San Francisco CA Jan16
July               252               458
Valspar Corp Minneapolis MN Oct15
July               197               193
Sunoco Logistics Partners LP Newtown Square PA Dec15
June               348               314
Jazz Pharmaceuticals plc Palo Alto CA Dec15
June               185               159
Atmos Energy Corp Dallas TX Sep15
June               213               194
Alleghany Corp New York NY Dec15
June               232               309
Arthur J Gallagher Itasca IL Dec15
June               214               180
Iron Mountain Boston MA Dec15
June                 48                 96
AES Corp Arlington VA Dec15
June                 75               535
Western Gas Equity Partners LP Woodlands TX Dec15
June               284               (20)
IDEXX Laboratories Westbrook ME Dec15
June               113               104
Regency Centers Corp Jacksonville FL Dec15
June                 81                 63
Gartner Inc Stamford CT Dec15
June                 88                 80
Quintiles Transnational Holdings Durham NC Dec15
June               200               171
Aramark Philadelphia PA Sep15
June               111                 94
Bunge Ltd White Plains FL Dec15
June               365               338
Xylem Rye Brook NY Dec15
June               137               138
Mid-America Apartment Communities Memphis TN Dec15
June                 93               209
Wyndham Worldwide Parsippany NJ Dec15
June               251               282
Synopsys Mountain View CA Oct15
July               134               111
Scripps Networks Interactive Knoxville TN Dec15
June               573               412
CDK Global Hoffman Estates IL Jun16
June               247               187
Enbridge Energy Partners LP Houston TX Dec15
June               350               157
Garmin Ltd Olathe KS Dec15
June               249               205
Varian Medical Systems Palo Alto CA Sep15
June               196               220
IHS Inc Englewood CO Nov15
May                 86                 85
ANSYS Inc Canonsburg PA Dec15
June               126               118
Teleflex Inc Wayne PA Dec15
June               111                 84
AGL Resources Atlanta GA Dec15
June               145               249
UGI Corp King of Prussia PA Sep15
June               437               466
Broadridge Financial Solutions Lake Success NY Jun16
June               234               220
A O Smith Milwaukee WI Dec15
June                 87                 71
Alexandria Real Estate Equities Pasadena CA Dec15
June               (98)                 63
Antero Resources Corp Denver CO Dec15
June             (565)               260
Camden Property Trust Houston TX Dec15
June               110               148
PVH Corp New York NY Jan16
July               322               216
Tiffany & Co New York NY Jan16
July               193               210
Brixmor Property Group New York NY Dec15
June               127                 86
SEI Investments Oaks PA Dec15
June               159               171
Unum Group Chattanooga TN Dec15
June               447               437
Darden Restaurants Orlando FL May16
May               248               246
Everest Re Group Ltd Liberty Corner NJ Dec15
June               327               532
Msci Inc New York NY Dec15
June               127               106
Torchmark Corp McKinney TX Dec15
June               273               263
W R Berkley Corp Greenwich CT Dec15
June               229               241
F5 Networks Seattle WA Sep15
June               167               179
Ralph Lauren New York NY Mar16
June                 19               188
Helmerich & Payne Tulsa OK Sep15
June                   4               245
Rite Aid Corp Camp Hill  PA Feb16
May                 61            1,854
Affiliated Managers Group West Palm Beach FL Dec15
June               357               411
Lear Corp Southfield MI Dec15
June               557               350
National Retail Properties Orlando FL Dec15
June               123               100
Sabre Corp Southlake TX Dec15
June               168                 82
Icahn Enterprises LP New York NY Dec15
June          (1,894)               963
Huntington Bancshares Columbus OH Dec15
June               346               362
Foot Locker New York NY Jan16
July               318               303
Range Resources Corp Fort Worth TX Dec15
June             (317)               (91)
Cadence Design Systems San Jose CA Dec15
June               100                 94
New York Community Bancorp Westbury NY Dec15
June               256               243
Comerica Dallas TX Dec15
June               164               269
Alaska Air Group Seattle WA Dec15
June               444               383
Ashland Inc Covington KY Sep15
June               184               210
Splunk San Francisco CA Jan16
July             (187)             (126)
W P Carey New York NY Dec15
June               114               106
Crown Holdings Philadelphia PA Dec15
June               284               215
AMERCO Reno NV Mar16
June               200               180
Plains GP Holdings LP Houston TX Dec15
June               259               365
NVR Inc Reston VA Dec15
June               157               132
Gaming and Leisure Properties Inc Wyomissing PA Dec15
June               106                 65
CoStar Group Inc Washington DC Dec15
June                 32               (21)
Apartment Investment and Mgt Co Denver CO Dec15
June               276               173
Seagate Technology Cupertino CA Jun16
June                 49               429
Spectrum Brands Holdings Inc Middleton WI Sep15
June               177                 73
Computer Sciences Corp Tysons VA Mar16
June             (121)               (66)
Kohl's Corp Menomonee Falls WI Jan16
July               157               257
Raymond James Financial St Petersburg FL Sep15
June               237               235
Goodyear Tire & Rubber Akron OH Dec15
June               397               444
Leggett & Platt Carthage MO Dec15
June               191               150
Fluor Corp Irving TX Dec15
June               239               326
Carlisle Companies Inc Charlotte NC Dec15
June               184               134
HD Supply Holdings Atlanta GA Jan16
July                 88               338
Oaktree Capital Group LLC Los Angeles CA Dec15
June               224               966
Targa Resources Corp Houston TX Dec15
June               (15)                 60
PulteGroup Atlanta GA Dec15
June               201               158
Domino's Pizza Ann Arbor MI Dec15
June                 95                 92
Macquarie Infrastructure Corp New York NY Dec15
June                 41             (154)
Jack Henry & Associates Monett MO Jun16
June               138               112
RPM Intl Medina OH May16
May               173                 50
Qorvo Greensboro NC Mar16
June               (30)                   8
Zayo Group Holdings Boulder CO Jun16
June               (50)               (49)
AerCap Holdings NV Los Angeles CA Dec15
June               454               618
Mallinckrodt plc Hazelwood MO Dec15
Sep               316               131
MEDNAX Sunrise FL Dec15
June               150               153
NetApp Sunnyvale CA Apr16
July                 56               105
Equity Lifestyle Properties Chicago IL Dec15
June                 98                 69
Hyatt Hotels Chicago IL Dec15
June               101                 62
EQT GP Holdings LP Pittsburgh PA Dec15
June               252               167
Align Technology San Jose CA Dec15
June                 91                 68
Bed Bath & Beyond Union NJ Feb16
May               427               479
News Corp New York NY Jun16
June               (14)                 76
DDR Corp Beachwood OH Dec15
June                 87             (224)
FactSet Research Systems Norwalk CT Aug15
May               135               123
Allegion PLC Carmel IN Dec15
June               154               109
CDW Corp Vernon Hills IL Dec15
June               195               163
Nordstrom Seattle WA Jan16
July               163               339
DexCom Inc San Diego CA Dec15
June               (39)               (17)
Avery Dennison Glendale CA Dec15
June               170               137
BorgWarner Auburn Hills MI Dec15
June               349               345
Middleby Elgin IL Dec15
June               127                 92
CIT Group Livingston NJ Dec15
June               333               219
Signet Jewelers Ltd Akron OH Jan16
July               229               181
Rollins Inc Atlanta GA Dec15
June                 80                 75
American Campus Communities Austin TX Dec15
June                 65                 87
Leucadia National Corp New York NY Dec15
June             (148)               389
Marvell Technology Group Ltd Santa Clara CA Jan16
July                 29             (758)
Atlassian Corporation PLC San Francisco CA Jun16
June                 (6)                 (2)
American Financial Group Cincinnati OH Dec15
June               167               174
Signature Bank New York NY Dec15
June               206               174
Lamar Advertising Baton Rouge LA Dec15
June               133               100
American Capital Agency Bethesda MD Dec15
June             (907)               260
Omega Healthcare Investors Hunt Valley MD Dec15
June               171                 87
EQT Midstream Partners LP Pittsburgh PA Dec15
June               254               187
Diamondback Energy Inc Midland TX Dec15
June             (193)             (205)
Lennox Intl Richardson TX Dec15
June               136                 96
Packaging Corp of America Lake Forest IL Dec15
June               220               205
Flextronics Intl Ltd San Jose CA Mar16
June               167               246
FMC Technologies Houston TX Dec15
June                 22               256
IDEX Corp Lake Forest IL Dec15
June               144               136
Westinghouse Air Brake Technologies Wilmerding PA Dec15
June               185               198
Reinsurance Group of America Chesterfield MO Dec15
June               313               256
Axalta Coating Systems Ltd Philadelphia PA Dec15
June                 81                 22
E*TRADE Financial New York NY Dec15
June               286               332
Zillow Group Inc Seattle WA Dec15
June             (204)               (97)
Owens Corning Toledo OH Dec15
June               198               111
Trimble Navigation Ltd Sunnyvale CA Dec15
June                 55                 60
Ultimate Software Group Weston FL Dec15
June                   4                   8
Pilgrim's Pride Corp Greeley CO Dec15
June               271               446
Jacob's Engineering Group Pasadena CA Sep15
June               135               185
Kilroy Realty Corp Los Angeles CA Dec15
June               212               103
Liberty Broadband Corp Englewood CO Dec15
June               868                 (2)
TransUnion Chicago IL Dec15
June                 34                 (5)
Sensata Technologies Holding NV Attleboro MA Dec15
June               126                 76
Steel Dynamics Fort Wayne IN Dec15
June               202                 52
FMC Corp Philadelphia PA Dec15
June               128                 (3)
Spirit Realty Capital Scottsdale AZ Dec15
June                 49                 11
Shell Midstream Partners LP Houston TX Dec15
June               134               110
United Rentals Stamford CT Dec15
June               226               201
Flowserve Corp Irving TX Dec15
June               101               106
Tyler Technologies Plano TX Dec15
June                 36                 36
Forest City Realty Trust Cleveland OH Dec15
June               211               263
NetSuite San Mateo CA Dec15
June               (67)               (55)
Seattle Genetics Bothell WA Dec15
June               (53)               (69)
STERIS Corp Mentor OH Mar16
June               107                 65
Enable Midstream Partners LP Oklahoma City OK Dec15
June               125               168
Staples Framingham MA Jan16
July             (725)                 95
Commscope Holding Company Hickory NC Dec15
June                 75                 85
Frontier Communications Corp Norwalk CT Dec15
June             (213)               (79)
PerkinElmer Waltham MA Dec15
June               109                 89
Alnylam Pharmaceuticals Cambridge MA Dec15
June             (193)             (123)
Hubbell Inc Shelton CT Dec15
June               144               145
Arrow Electronics Centennnial CO Dec15
June               242               231
Black Knight Financial Services Jacksonville FL Dec15
June                 66                 23
KAR Auction Services Carmel IN Dec15
June               123               114
Reliance Steel & Aluminum Los Angeles CA Dec15
June               196               195
Westlake Chemical Houston TX Dec15
June               245               360
Spirit AeroSystems Holdings Wichita KS Dec15
June               216               337
SS&C Technologies Windsor CT Dec15
June                 35                 65
Michaels Companies Irving TX Jan16
July               106               102
Liberty Property Trust Malvern PA Dec15
June               110                 68
TreeHouse Foods Oak Brook IL Dec15
June                 12                 49
EnLink Midstream Partners LP Dallas TX Dec15
June             (560)                 91
West Pharmaceutical Services Exton PA Dec15
June                 67                 61
Polaris Industries Medina MN Dec15
June               118               190
Protective Life Birmingham AL Dec15
June               227               128
CF Industries Deerfield IL Dec15
June               130               601
Murphy Oil Corp El Dorado AR Dec15
June             (197)               (85)
Assurant New York NY Dec15
June               390                 83
Opko Health Miami FL Dec15
June                   4             (161)
Core Laboratories NV Houston TX Dec15
June                 32                 66
Protagenic Therapeutics New York NY Dec15
June                 (1)                 (0)
Dicks Sporting Goods Coraopolis PA Jan16
July               148               154
Herbalife Ltd Los Angeles CA Dec15
June                 73               161
Fortinet Sunnyvale CA Dec15
June                   1                   2
Copart Inc Dallas TX Jul15
July                 74                 58
athenahealth Watertown MA Dec15
June                 (3)                   1
Post Holdings St Louis MO Sep15
June                   8                 55
JetBlue Airways Long Island City NY Dec15
June               380               289
Parsley Energy Inc Austin TX Dec15
June               (53)               (50)
Carter's Inc Atlanta GA Dec15
June                 90                 86
CubeSmart Malvern PA Dec15
June                 36                 22
Pinnacle Foods Parsippany NJ Dec15
June                 71                 85
VCA Inc Los Angeles CA Dec15
June               114                 95
Edgewell Personal Care Chesterfield MO Sep15
June               103             (123)
MarketAxess Holdings New York NY Dec15
June                 62                 49
Servicemaster Global Holdings Memphis TN Dec15
June                 54                 95
Six Flags Entertainment Grand Prairie TX Dec15
June                 33                 14
W R Grace Columbia MD Dec15
June                 48                 63
Service Corporation Intl Houston TX Dec15
June                 63               115
CBOE Holdings Inc Chicago IL Dec15
June               100                 87
Harman Intl Industries Stamford CA Jun16
June               162               144
Weingarten Realty Investors Houston TX Dec15
June               146                 87
Southwestern Energy Company Spring TX Dec15
June          (1,725)             (710)
US Foods Holding Co Rosemont IL Dec15
June                 (0)               172
Douglas Emmett Inc Santa Monica CA Dec15
June                 38                 38
Carlyle Group LP Washington DC Dec15
June                 51            1,073
Phillips 66 Partners LP Houston TX Dec15
June               138                 78
Tegna Inc McLean VA Dec15
June               218               138
H & R Block Kansas City MO Apr16
July               580               647
Robert Half Intl Menlo Park CA Dec15
June               175               168
Old Dominion Freight Line Thomasville NC Dec15
June               142               148
Ingram Micro Irvine CA Dec15
June                 57                   9
Weatherford Intl plc Houston TX Dec15
June          (1,053)               590
WABCO Holdings Rochester Hills MI Dec15
June                 69               143
EPR Properties Kansas City MO Dec15
June               109                 92
Avnet Phoenix AZ Jun16
June               220               281
Brown & Brown Inc Daytona Beach FL Dec15
June               128               118
Highwoods Properties Inc Raleigh NC Dec15
June                 62                 39
Senior Housing Properties Trust Newton MA Dec15
June                 66                 77
Sonoco Products Co Hartsville SC Dec15
June               117               150
Hain Celestial Group Lake Success NY Jun15
June                 49                 33
Watsco Inc Coconut Grove FL Dec15
June               116               116
Zions Bancorporation Salt Lake City UT Dec15
June               204               106
Casey's General Stores Ankeny IA Apr16
July               114               103
Voya Financial Inc New York NY Dec15
June               328               583
Vail Resorts Broomfield CO Jul15
July               158               133
Erie Indemnity Co Erie PA Dec15
June               107                 95
Godaddy Inc Scottsdale AZ Dec15
June               (29)             (115)
Royal Gold Inc Denver CO Jun16
June               (51)                 40
AutoNation Fort Lauderdale FL Dec15
June               208               227
Old Republic Intl Corp Chicago IL Dec15
June               224               206
AptarGroup Inc Crystal Lake IL Dec15
June               103               103









Total all 286 Market Caps $5-10 Bil




         34,252          53,060 -35%