Friday, April 21, 2017

The 24 Utah Companies With Market Caps Above $100 Mil Generated 2016 Total Audited Earnings of $1.125 Bil, Up 21% Above 2015 ..... 2016 Total Earnings Were Up 11 Times From 2008, the Year Before President Obama Took Office

Since Bernie Sanders and others will be in Salt Lake City, Utah today Friday April 21, 2017 in their "Come Together and Fight Back" tour, I think it might be helpful to research how Utah Headquartered Companies have performed on the audited 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 24 Companies headquartered in Utah, all with Stock Market Capitalizations now of more than $100 Mil and which also have filed their fiscal year 2016 annual financial statements with the SEC.  Tradition Regulated Utilities were excluded.

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 24 Utah Companies with Stock Market Caps above $100 Mil for all years reported from 2007 through 2016 where the amounts were presented and in a consistent manner:



2016 2015 2014 2013 2012 2011 2010 2009 2008 2007



Most Audited Audited Audited Audited Audited Audited Audited Audited Audited Audited



Recent Net Net Net Net Net Net Net Net Net Net
City ST 2016 Income Income Income Income Income Income Income Income Income Income
Utah Company HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



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














Zions Bancorporation Salt Lake City UT Dec16        469        309        398        263        348        323      (296)   (1,222)      (271)        502
Extra Space Storage Salt Lake City UT Dec16        397        210        196        186        128          58          33          39          43          35
Vista Outdoor Inc Farmington UT Mar16        147          80        133          65          11          78          68            
Nu Skin Enterprises Provo UT Dec16        143        133        189        365        222        153        136          90          65          44
Myriad Genetics Salt Lake City UT Jun16        125          80        176        147        112        101        152        136          74          45
USANA Health Sciences Inc Salt Lake City UT Dec16        100          95          77          79          66          51          46          34          30          46
Headwaters Inc South Jordan UT Sep16          50        132          16            8        (26)      (134)        (21)      (415)      (175)          21
Sportsman's Warehouse Holdings Midvale UT Jan17          30          28          14          22          28          34            5


HealthEquity  Draper  UT Jan17          26          17          10            1          11




Peoples Utah Bancorp American Fork UT Dec16          24          20          15          12            9            7            3


Merit Medical Systems Inc South Jordan UT Dec16          20          24          23          17          20          23          12          23          21          16
Nutraceutical Intl Corp Park City UT Sep16          19          15          16          17          16          16          16        (15)          12          13
Security National Financial Salt Lake City UT Dec16          14          13            8            7          18            1          (0)            4            1            2
Control4 Corp Salt Lake City UT Dec16          13          (2)            8            4          (4)          (4)        (16)          (8)        (18)        (15)
Utah Medical Products Inc Midvale UT Dec16          12          12          11          11          10            7            6            6            7            8
Overstock.com Inc Salt Lake City UT Dec16          11            1            9          84          15        (19)          14            8        (11)        (44)
Franklin Covey Co Salt Lake City UT Aug16            7          11          18          14            8            5          (1)        (11)            5            7
Nature's Sunshine Products Lehi UT Dec16            1          12          20          18          25          16            5            7            1          (6)
Park City Group Inc Salt Lake City UT Jun16            1          (4)          (2)            0          (1)          (0)            0          (4)          (3)    
Black Diamond Inc Salt Lake City UT Dec16          (9)        (88)        (10)        (11)          (0)            3          53          (5)          (2)            0
Zagg Inc Salt Lake City UT Dec16        (16)          16          10            5          15          18          10            3            2          (1)
Instructure Salt Lake City UT Dec16        (54)        (53)        (41)        (22)        (19)




SkyWest Inc St George UT Dec16      (162)        118        (24)          59          51        (27)          96          84        113        159
Vivint Solar Lehi UT Dec16      (243)      (253)      (166)        (56)        (17)


















Total all 24


    1,125        926     1,104     1,295     1,046        710        321   (1,246)      (106)        832














2016 Total Earnings % Above: 











….. 2015


21%








….. 2008


1157%





















Earnings Improvement:












….. 2016 Over 2008


    1,231








….. 2 Years 2015-6 Over 2008-9

    3,403








….. 3 Years 2014-6 Over 2008-10

    4,187