Monday, October 31, 2016

Nebraska Companies Generated Very Solid and Very Consistent Audited US GAAP Total Annual Earnings Growth During the Obama Administration

Since the very likable and accomplished Anne Holton is campaigning today October 31, 2016 in Omaha, Nebraska, I think it might be helpful to research how the Nebraska Headquartered Companies have performed on the earnings front during the Obama Administration.

From a review of the very fine Google Finance Website and of company financial statements in the US SEC website, I found the 15 Companies headquartered in Nebraska, all with Stock Market Capitalizations now of more than $100 Mil and which also have filed their fiscal year 2015 annual financial statements with the SEC.  Traditional Regulated Utilities were excluded.

Below here are the reported Audited Earnings (Losses) From Continuing Operations of each of these 15 Nebraska Companies for all years reported from 2007 through 2015 where the amounts were presented and in a consistent manner:



2015 2014 2013 2012 2011 2010 2009 2008 2007



Most Audited Audited Audited Audited Audited Audited Audited Audited Audited



Recent Net Net Net Net Net Net Net Net Net
ST 2015 Income Income Income Income Income Income Income Income Income
Nebraska Company City HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



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













Berkshire Hathaway Omaha NE Dec15   24,414   20,170   19,845   15,312   10,746   13,494     8,441     5,596   13,567
Union Pacific Omaha NE Dec15     4,772     5,180     4,388     3,943     3,292     2,780     1,890     2,335     1,855
TD Ameritrade Omaha NE Sep15        813        787        675        586        638        592        644        804        646
Nelnet Inc Lincoln NE Dec15        268        309        304        178        204        189        139          27          35
West Corp Omaha NE Dec15        191        135        123        105        114          77          91          17          21
Cabelas Inc Sidney NE Dec15        189        202        224        174        143        112          50          76          88
Buckle Inc Kearney NE Jan16        147        163        163        164        151        135        127        104          75
Werner Enterprises Inc Omaha NE Dec15        124          99          87        103        103          80          57          68          75
Valmont Industries Valley NE Dec15          45        189        280        239        237        100        154        136          97
America First Multifamily Investors LP Omaha NE Dec15          27          15          15            3          (2)          (0)          (3)          (2)            0
Lindsay Corp Omaha NE Aug16          20          26          52          71          43          37          25          14          39
National Research Lincoln NE Dec15          18          18          15          15          12            8            8            7            7
National Research Corp Lincoln NE Dec15          18          18          15          15          12            8            8            7            7
Green Plains Partners LP Omaha NE Dec15          16        (13)          (8)





Green Plains Inc Omaha NE Dec15          15        160          43          12          38          48          20          (8)          (4)













Total all 15


  31,077   27,458   26,221   20,920   15,731   17,660   11,651     9,181   16,508
2015 Total Earnings % Above:











….. 2014 Earnings


13%







….. 2013 Earnings


19%







….. 2012 Earnings


49%







….. 2011 Earnings


98%







….. 2010 Earnings


76%







….. 2009 Earnings


167%







….. 2008 Earnings


238%







….. 2007 Earnings


88%