Tuesday, July 18, 2017

Iowa Largest Companies 2016 Total Audited Earnings Up 0.5% Over 2015, Up 82% Over 2011, Up 234% Over 2009 and Up 538% Over 2008

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 13 Companies headquartered in the US State of Iowa with Stock Market Capitalizations either very late in 2016 or very early in 2017 of more than $1 Bil and which also have filed their fiscal year 2016 annual financial statements with the SEC.
  
Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 13 Iowa Companies for all of the fiscal years from 2007 through 2016 where the earnings numbers were reported and also where they were prepared in a fairly consistent manner with those in the most recent years:




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
Iowa Companies City State 2016 Income Income Income Income Income Income Income Income Income Income
Market Caps Above $1 Bil HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



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














Principal Financial Group Des Moines IA Dec16     1,362     1,253     1,176        936        825        689        681        646        466        864
Athene Holding Ltd West Des Moines IA Dec16        805        562        463        916        377




Rockwell Collins Cedar Rapids IA Sep16        727        694        618        630        589        615        557        561        594        678
Casey's General Stores Ankeny IA Apr17        177        226        181        127        104        115          95        117          86          85
FBL Financial Group West Des Moines IA Dec16        107        113        110        108          83          52          81          50            1          67
Fidelity & Guaranty Life Des Moines IA Sep16          97        118        163        348        344        190        172      (204)      (839)    
HNI Corp Muscatine IA Dec16          86        105          61          63          48          46          30          (2)          51        123
American Equity Investment Life West Des Moines IA Dec16          83        220        126        253          58          86          43          69          16          26
Heartland Financial USA Inc Dubuque IA Dec16          80          60          42          37          50          28          24            6          11          24
Heartland Express Inc North Liberty IA Dec16          56          73          85          71          62          70          62          57          70          76
United Fire Group Inc Cedar Rapids IA Dec16          50          89          59          76          40            0          48        (10)        (13)        111
Winnebago Industries Inc Forrest City IA Aug16          45          41          45          32          45          12          10        (79)            3          42
Meredith Corp Des Moines IA Jun16          34        137        114        124        104        132        106      (101)        135        167














Total all 13


    3,709     3,691     3,243     3,721     2,729     2,035     1,909     1,110        581     2,263













2016 Total Earnings Above:












….. 2015 Total Earnings


0.5%








….. 2014 Total Earnings


14%








….. 2012 Total Earnings


36%








….. 2011 Total Earnings


82%








….. 2010 Total Earnings


94%








….. 2009 Total Earnings


234%








….. 2008 Total Earnings


538%