Saturday, October 29, 2016

The 30 Utah Companies With Market Caps Above $100 Mil Generated Total Audited US GAAP Earnings in 2015 of $1.224 Bil, Up 827% From the Total Earnings of $0.132 Bil in 2008, the Year Before President Obama Took Office

The 2016 US Presidential Race is tightening up some.  The State of Utah is now considered a Leaning Donald Trump State with only a 5.8% average of recent polls margin by the excellent Real Clear Politics.
 
Thus, I think it might be helpful to research how the Utah 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 30 Companies headquartered in Utah, 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 30 Utah 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
City ST 2015 Income Income Income Income Income Income Income Income Income
Utah Company HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



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













Zions Bancorporation Salt Lake City UT Dec15        309        398        263        348        323      (296)   (1,222)      (271)        502
Extra Space Storage Salt Lake City UT Dec15        210        196        186        128          58          33          39          43          35
Questar Corp Salt Lake City UT Dec15        209        227        161        212        208        192        181        172        146
Vista Outdoor Inc Farmington UT Mar16        147          80        133          65          11          78          68        
Nu Skin Enterprises Provo UT Dec15        133        189        365        222        153        136          90          65          44
Headwaters Inc South Jordan UT Sep15        132          16            8        (26)      (134)        (21)      (415)      (175)          21
Myriad Genetics Salt Lake City UT Jun16        125          80        176        147        112        101        152        136          74
SkyWest Inc St George UT Dec15        118        (24)          59          51        (27)          96          84        113        159
USANA Health Sciences Inc Salt Lake City UT Dec15          95          77          79          66          51          46          34          30          46
Sportsman's Warehouse Holdings Midvale UT Jan16          28          14          22          28          34            5


Merit Medical Systems Inc South Jordan UT Dec15          24          23          17          20          23          12          23          21          16
Peoples Utah Bancorp American Fork UT Dec15          20          15          12            9            7            3


HealthEquity  Draper  UT Jan16          17          10            1          11




Zagg Inc Salt Lake City UT Dec15          16          10            5          15          18          10            3            2          (1)
Nutraceutical Intl Corp Park City UT Sep15          15          16          17          16          16          16        (15)          12          13
Nature's Sunshine Products Lehi UT Dec15          12          20          18          25          16            5            7            1          (6)
Utah Medical Products Inc Midvale UT Dec15          12          11          11          10            7            6            6            7            8
Franklin Covey Co Salt Lake City UT Aug15          11          18          14            8            5          (1)        (11)            5            7
ClearOne Inc Salt Lake City UT Dec15            7            6            5          27            7            2            2            5            5
LifeVantage Corp Sandy UT Jun15            7          11            8          12        (51)        (11)          (9)          (2)          (4)
Skullcandy Inc Park City UT Dec15            6            8          (3)          26        (19)        (10)          12          13            6
Overstock.com Inc Salt Lake City UT Dec15            1            8          84          15        (19)          14            8        (11)        (44)
Park City Group Inc Salt Lake City UT Jun16            1          (4)          (2)            0          (1)          (0)            0          (4)          (3)
Control4 Corp Salt Lake City UT Dec15          (2)            8            4          (4)          (4)        (16)          (8)        (18)        (15)
Stratean Bountiful UT Sep15          (3)          (0)          (0)          (0)




VolitionRX Ltd Salt Lake City UT Dec15        (10)          (8)          (4)          (4)          (3)          (1)


Incontact Inc Midvale UT Dec15        (23)        (11)        (10)          (6)        (10)          (2)          (3)        (10)          (8)
Instructure Salt Lake City UT Dec15        (53)        (41)        (22)        (19)




Black Diamond Inc Salt Lake City UT Dec15        (87)        (10)        (11)          (1)            3          53          (5)          (2)            0
Vivint Solar Lehi UT Dec15      (253)      (166)        (56)        (17)

















Total all 30


    1,224     1,177     1,540     1,384        784        450      (979)        132     1,001













2015 Total Earnings % Over 2008


827%







Earnings Improvement











….. 2015 Over 2008


    1,092







….. 2 Years 2014-5 Over 2008-9


    3,248







….. 3 Years 2013-5 Over 2008-10


    4,338











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