Saturday, November 5, 2016

The 30 Cleveland, Ohio Area Companies With Market Caps Above $100 Mil Generated Total Audited US GAAP Earnings in 2015 of $7.352 Bil, Up 1,413% (or Up 14 Times) From Their Total Earnings of $0.486 Bil in 2008, the Year Before President Obama Took Office

Since Hillary Clinton is campaigning with arguably the country's best athlete Lebron James tomorrow November 6, 2016 in Cleveland, Ohio, I think it might be helpful to research how the Cleveland Area 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 the Cleveland Area, 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 Cleveland, Ohio Area 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
Ohio Company HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils
Cleveland Area











Eaton Corp plc Cleveland OH Dec15     1,981     1,803     1,873     1,220     1,352        937        385     1,067        973
Progressive Corp Mayfield Village OH Dec15     1,301     1,281     1,165        902     1,016     1,068     1,058        (70)     1,183
Sherwin-Williams Cleveland OH Dec15     1,054        866        753        631        442        462        436        477        616
KeyCorp Cleveland OH Dec15        919        946        870        842        976        607   (1,263)   (1,287)        967
Parker Hannifin Cleveland OH Jun16        807     1,013     1,041        949     1,155     1,057        556        510        958
Forest City Realty Trust Cleveland OH Dec15        532          (8)          35        (17)      (102)                
TransDigm Group Cleveland OH Sep15        447        307        303        325        152        163        163        133          89
Nordson Corp Westlake OH Oct15        211        247        222        225        222        168      (160)        118          91
PolyOne Corp Avon Lake OH Dec15        145          77          93          53        153        152        107      (417)          41
Cliffs Natural Resources Cleveland OH Dec15        144          56        879        336     1,904



Lincoln Electric Holdings Cleveland OH Dec15        127        255        294        257        217        130          49        212        203
Ferro Corp Mayfield Heights OH Dec15        100          (9)          64      (386)          (9)          13        (40)        (53)        (98)
TFS Financial Corp Cleveland OH Sep16          81          73          66          56          11            9          11          14          54
Hyster-Yale Materials Handling Cleveland OH Dec15          75        110        110          98          83          32        (43)      (376)          39
Park-Ohio Holdings Corp Cleveland OH Dec15          49          47          41          34          32          20          (5)      (120)          21
CBIZ Inc Cleveland OH Dec15          35          30          25          24          20          17          32          32          30
Materion Corp Mayfield Heights OH Dec15          32          42          20          25          40          46        (12)          18          53
Applied Industrial Technologies Cleveland OH Jun16          30        115        113        118        109          97          66          42          95
TravelCenters of America LLC Westlake OH Dec15          28          61          32          32          24        (67)        (95)        (43)      (126)
NACCO Industries Inc Cleveland OH Dec15          22        (38)          44          42          79          47          52        (64)          90
National Interstate Corp Richfield OH Dec15          21          11          18          34          36          39          46          11          44
Preformed Line Products Co Cleveland OH Dec15            7          13          21          29          31          23          23          17          14
Athersys Cleveland OH Dec15        (16)        (22)        (31)        (15)        (14)        (11)        (15)        (18)        (19)
OMNOVA Solutions Inc Beachwood OH Nov15        (19)          12          21          26          17        117          27          (3)        (11)
Olympic Steel Inc Bedford Heights OH Dec15        (27)        (19)            8            2          25            2        (61)          68          25
Viewray Inc Oakwood Village OH Dec15        (45)        (34)        (27)





Fairmount Santrol Holdings Chesterland OH Dec15        (92)        171        105        149        146        100          50

GrafTech Intl Ltd Independence OH Dec15      (154)      (285)        (27)        118        153        175          16        184        162
Chart Industries Inc Garfield Heights OH Dec15      (205)          83          87          72          44          21          61          79          44
DDR Corp Beachwood OH Dec15      (238)          21          21          28        (10)      (172)      (231)        (45)        162













Total all 30


    7,352     7,225     8,239     6,209     8,304     5,252     1,213        486     5,700













2015 Total Earnings % Above:











….. 2014 Total Earnings


2%







….. 2012 Total Earnings


18%







….. 2010 Total Earnings


40%







….. 2009 Total Earnings


506%







….. 2008 Total Earnings


1,413%




















Two Year Earnings Improvement:











….. Two Year Earnings 2014-15


  14,577







….. Two Year Earnings 2008-09


    1,699







………. 2 Year Earnings Improvement

  12,878










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