Sunday, November 6, 2016

The 75 Philadelphia, Pennsylvania Area Companies With Market Caps Above $100 Mil Generated Total Audited US GAAP Earnings in 2015 of $19.731 Bil, Up 11,403% (or Up 114 Times) From Their Total Earnings of $0.172 Bil in 2008, the Year Before President Obama Took Office

Since Barack Obama, Michelle Obama and Hillary Clinton are all three campaigning tomorrow November 7, 2016 at Independence Hall in Philadelphia, Pennsylvania, I think it might be helpful to research how the Philadelphia 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 75 Companies headquartered in the Philadelphia 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 US GAAP Earnings (Losses) From Continuing Operations of each of these 75 Philadelphia 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
Pennsylvania Company HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils
Philadelphia Area











Comcast Philadelphia PA Dec15     8,413     8,592     7,135     7,865     5,157     3,668     3,628     2,525     2,549
Chubb Ltd (Was Ace Ltd) Philadelphia PA Dec15     2,834     2,853     3,758     2,706     1,540     3,085     2,523     1,182     2,578
TE Connectivity Ltd Berwyn  PA  Sep16     1,941     1,238     1,614     1,155     1,003     1,089     1,012   (3,146)     1,370
AmerisourceBergen Chesterbrook PA Sep16     1,428      (138)        284        493        761        696        630        512        469
Lincoln National Corp Radnor PA Dec15     1,154     1,514     1,244     1,286        229        873      (415)        (10)     1,199
Universal Health Services King of Prussia PA Dec15        751        605        554        489        449        276        304        234        214
Ametek Berwyn PA Dec15        591        584        517        459        384        284        206        247        228
Crown Holdings Philadelphia PA Dec15        461        475        428        664        396        452        450        330        601
UGI Corp King of Prussia PA Sep15        414        533        428        198        308        356        382        305        311
Sunoco Logistics Partners LP Newtown Square PA Dec15        397        300        474        531        322        348        250        214        121
Toll Brothers Horsham PA Oct15        363        340        171        487          40          (3)      (756)      (298)          36
Airgas Inc Radnor PA Mar16        338        368        351        341        313        250        196        261        227
SEIC Investments Oaks PA Dec15        332        319        288        208        207        233        272        268        434
Radian Group Philadelphia PA Dec15        282     1,260      (142)      (224)      (447)   (1,418)      (148)      (411)   (1,290)
Liberty Property Trust Malvern PA Dec15        244        176          98          97        105          95          (5)        123        114
Aramark Philadelphia PA Oct15        237        149          71        107          97          32            0          34    
Teleflex Inc Wayne PA Dec15        237        191        152      (182)        119          88        127          61        (75)
Urban Outfitters Philadelphia PA Jan16        224        232        282        237        185        273        220        199        160
AmeriGas Partners LP King of Prussia PA Sep15        215        294        225          13        141        167        228        160        193
Essent Group Ltd Philadelphia PA Dec15        157          88          65        (14)        (34)        (28)


VWR Corp Radnor PA Dec15        154        153          14            4          58          22        (14)        
Globus Medical Audubon PA Dec15        113          92          69          74          61          54          52          21          (7)
Axalta Coating Systems Ltd Philadelphia PA Dec15          98          35      (210)        248        182        173          78        
West Pharmaceutical Services Exton PA Dec15          96        127        112          81          76          65          73          87          72
Dorman Products Inc Colmar PA Dec15          92          90          82          66          56          48          26          18          19
EPAM Systems Newtown PA Dec15          84          70          62          54          44          28          14            4          12
CubeSmart Malvern PA Dec15          79          26          10        (13)        (13)        (17)        (21)        (28)        (28)
RAIT Financial Trust Philadelphia PA Dec15          63      (290)      (285)      (168)        (38)        111      (440)      (617)      (436)
Five Below Philadelphia PA Jan16          58          48          32          20          16            7          12          (2)          (3)
Healthcare Services Group Bensalem PA Dec15          58          22          47          44          38          34          30          27          30
Quaker Chemical Corp Conshohocken PA Dec15          53          58          59          50          48          34          17          12          17
Kulicke and Soffa Industries Inc Fort Washington PA Sep15          51          63          59        161        128        142        (64)        (25)          17
Lannett Co Inc Philadelphia PA Jun16          45        150          57          13            4          (0)            8            7          (2)
Global Indemnity plc Bala Cynwyd PA Dec15          41          63          62          35        (38)          85          75      (142)          99
FS Investment Corp Philadelphia PA Dec15          38        195        266        330          53          28          11          (1)            0
Independence Realty Trust Inc Philadelphia PA Dec15          30            3            1            0          (0)            0            0

Entercom Communications Corp Bala Cynwyd PA Dec15          29          27          26          11          71          46            5      (513)          (8)
Univest Corp of PA Souderton PA Dec15          27          22          21          21          19          16          11          21          26
NutriSystem Inc Fort Washington PA Dec15          26          19            7          (3)          12          34          33          47        105
Universal Health Realty Income Trust King of Prussia PA Dec15          24          52          13          19          74          16          19          12          20
Beneficial Bancorp Inc Philadelphia PA Dec15          23          18          13          14          11          (9)          17          17          (2)
Bryn Mawr Bank Corp Bryn Mawr PA Dec15          17          28          24          21          20            9          10            9          14
CSS Industries Inc Philadelphia PA Mar16          17          17          19          16          16          17        (19)          15          19
Omega Flex Exton PA Dec15          16          14          10            7            5            5            4            7            9
Malvern Bancorp Inc Paoli PA Sep16          12            4            0        (19)            2          (6)          (3)            1            1
Fox Chase Bancorp Inc Hatboro PA Dec15          10            8            6            5            5            3          (1)            1            2
Hill Intl Inc Philadelphia PA Dec15            8          (5)            5        (75)          (5)          15          20          19          14
Resource America Inc Philadelphia PA Dec15            8          10            8          25        (10)        (17)        (16)        (30)            7
BioTelemetry Inc Conshohocken PA Dec15            7        (10)          (7)        (12)        (61)        (20)        (20)

Prudential Bancorp Philadelphia PA Sep15            2            2            2            3            0            3            0            3          (1)
Republic First Bancorp Inc Philadelphia PA Dec15            2            2          (3)            4        (25)        (11)        (11)          (0)            7
USA Technologies Inc Malvern PA Jun16          (7)          (1)          28            1          (5)          (6)        (12)        (14)        (16)
Vishay Precision Group Inc Malvern PA Dec15        (13)            3            4          12          11          12            2        (74)          28
Zynerba Pharmaceuticals Devon PA Dec15        (13)          (6)          (1)          (1)




Aclaris Therapeutics Malvern PA Dec15        (21)          (9)          (5)





StoneMor Partners LP Levittown PA Dec15        (24)        (11)        (19)          (3)        (10)          (1)          (4)            5            3
Brandywine Realty Trust Radnor PA Dec15        (31)            6          39        (37)        (25)        (43)            4          (2)            5
Qlik Technologies Inc Radnor PA Dec15        (36)        (25)        (10)            4            9          14            7            3          (0)
CDI Corp Philadelphia PA Dec15        (37)            3          13          19          15        (11)        (20)          19          32
Medgenics Inc Wayne PA Dec15        (38)        (18)        (17)        (15)          (8)          (4)          (4)          (5)
Strongbridge Biopharma plc Trevose PA Dec15        (44)        (10)          (5)





Vitae Pharmaceuticals Fort Washington PA Dec15        (44)        (19)            1            0




Spark Therapeutics Philadelphia PA Dec15        (47)        (24)        (57)





Trevena King of Prussia PA Dec15        (51)        (50)        (23)        (16)        (16)



Egalet Wayne PA Dec15        (58)        (43)        (20)          (5)          (6)



Safeguard Scientifics Inc Radnor PA Dec15        (60)          (5)        (36)        (39)        111          27          67        (46)        (52)
Madrigal Pharmaceuticals Fort Washington PA Dec15        (69)        (86)        (90)        (63)        (47)        (37)          79        (93)        (63)
Actua Corp Radnor PA Dec15      (100)        (42)        (30)          11          10          37          (7)        (15)        (24)
Niska Gas Storage Partners LLC Radnor PA Mar16      (103)      (351)          (9)        (44)      (166)          57          53        109          48
Unisys Corp Blue Bell PA Dec15      (103)          59        120        157        141        164        176      (118)        (53)
Vishay Intertechnology Malvern PA Dec15      (108)        118        124        124        240        360        (57)   (1,684)        118
Pennsylvania REIT Philadelphia PA Dec15      (130)        (14)        (20)        (44)        (68)        (76)      (104)        (21)          13
FMC Corp Philadelphia PA Dec15      (178)        308        372        346        311                
Endo Intl plc Malvern PA Dec15      (300)          62        242        (51)        197        266        266        255        227
Triumph Group Berwyn PA Mar16   (1,048)        239        206        297        282        152          85          93          72













Total all 75


  19,731   21,170   19,385   18,606   13,060   12,642     9,541        172     9,780













Earnings Increase 2015 vs 2008


  19,559







Earnings % Increase 2015 vs 2008


11,403%




















Two Years 2014-5 Total Earnings


  40,901







Two Years 2008-9 Total Earnings


    9,713







…..Two Years Earnings Increase


  31,188