Thursday, July 20, 2017

Massachusetts Largest Companies (100 With Market Caps Above $1 Bil) 2016 Total Audited Earnings Were $28.045 Bil, Up 50% From 2015 Total Earnings of $18.696 Bil Under Obama, Yellen, Warren and Rising Stars Seth Moulton and Joe Kennedy III ....................................................................................... Excluding Giant GE, Which in 2015 Reported a One-Time Income Tax Expense Reducing Earnings By $6.3 Bil Related to its GE Capital Exit Plan, the Other 99 Massachusetts Largest Companies Total Audited Earnings in 2016 Were Up 7% Over 2015, Up 128% Over 2010, Up 455% Over 2009 and Up 645% Over 2008 Under Obama, Bernanke, Yellen, Deval Patrick, Kerry and Markey ....................................................................................... To Illustrate the High Quality Technology Aspect of These 100 Massachusetts Largest Companies, 15 of Them Were HQed in Prestigious Cambridge

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found a large number of 100 Companies headquartered in the US State of Massachusetts 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.  Traditional Mostly Regulated Utilities Companies were excluded.

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 100 Massachusetts 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
Massachusetts 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














Biogen Cambridge MA Dec16     3,696     3,593     2,942     1,862     1,380     1,267          899          977          790          580
TJX Companies Framingham MA Jan17     2,298     2,278     2,215     2,137     1,907     1,496       1,340       1,214          915          782
Raytheon Waltham MA Dec16     2,173     2,054     2,193     1,949     1,901     1,878       1,844       1,977       1,698       1,719
State Street Corp Boston MA Dec16     2,143     1,980     2,022     2,050     2,047     1,907       1,556       1,803       1,811       1,261
Thermo Fisher Scientific Waltham MA Dec16     2,025     1,980     1,896     1,279     1,258     1,023          986          851          975          767
Skyworks Solutions Woburn MA Sep16        995        798        458        278        202        227          137            95          111            58
American Tower Boston MA Dec16        970        672        803        482        594        382          374          239          236            93
Analog Devices Norwood MA Oct16        862        697        629        673        651        861          711          247          525          502
Boston Properties Boston MA Dec16        570        800        526        841        332        314          190          274          131       1,287
Waters Corp Milford MA Dec16        522        469        432        450        461        433          382          323          322          268
Boston Scientific Corp Marlborough MA Dec16        347      (239)      (119)      (121)   (4,068)        441     (1,065)     (1,025)     (2,036)        (495)
Hologic Marlborough MA Sep16        331        132          17   (1,173)        (74)        157          (63)     (2,176)        (386)            95
Akamai Technologies Cambridge MA Dec16        316        321        334        293        204        201          171          146          145          101
Eaton Vance Boston MA Oct16        265        238        321        230        265        228          201          136          203          149
Sensata Technologies Holding NV Attleboro MA Dec16        262        348        284        188        177            6          130          (27)        (114)        (234)
IPG Photonics Corp Oxford MA Dec16        261        242        200        156        148        121            54              5            38            32
Hospitality Properties Trust Newton MA Dec16        223        166        197        133        152        190            21          193          124          220
PerkerElmer Waltham MA Dec16        216        189        130        142          36            3          140            73            45          102
Dunkin Brands Group Canton MA Dec16        196        105        176        146        108          34            27            35        (270)            39
LPL Financial Holdings Boston MA Dec16        192        169        178        182        152        170          (57)            48            45            61
Cabot Corp Boston MA Sep16        163      (328)        216        161        202        205          143          (75)          106          142
Hanover Insurance Group Worcester MA Dec16        156        331        282        246          46          32          150          197            21          253
Charles River Laboratories Wilmington MA Dec16        156        152        130        105        102        116        (334)          111        (528)          150
PAREXEL Intl Corp Waltham MA Jun16        155        148        129          96          63          49            42            39            65            37
Bruker Corp Billerica MA Dec16        154        102          57          80          78          92            95            81            65            99
Cognex Corp Natick MA Dec16        150        108        111          67          60          63            61            (5)            30            28
Aspen Technology Inc Bedford MA Jun16        140        118          86          45        (14)          10        (107)            53            25            46
Senior Housing Properties Trust Newton MA Dec16        137        125        156        146        136        151          116          110          107            85
Acacia Communications Maynard MA Dec16        132          41          14          (1)





American Outdoor Brands Springfield MA Apr17        128          94          50          89          81          26              8            22          (64)              9
UniFirst Corp Wilmington MA Aug16        125        124        120        117          95          76            76            76            61            45
RMR Group Newton MA Sep16        122          77          10        (32)            5            7              6


TripAdvisor Needham MA Dec16        120        198        226        205        195        178          139          102            72            52
OM Asset Management plc Boston MA Dec16        120        155        (45)        (97)        (50)        (69)          (97)


Select Income REIT Newton MA Dec16        116          75        106          93          66          69            61            58            52            51
MKS Instruments Inc Andover MA Dec16        105        122        116          36          48        130          133        (149)            40            89
Iron Mountain Boston MA Dec16        104        125        329          99        183        246          166          232            95          171
Entegris Inc Billerica MA Dec16          97          80            8          75          69        124            85          (58)        (516)            46
Bright Horizons Family Solutions Watertown MA Dec16          95          93          72          12            9            5          (10)          (10)              7    
Boston Beer Co Inc Boston MA Dec16          87          98          91          70          59          66            50            31              8            22
Watts Water Technologies North Andover MA Dec16          84      (113)          50          61          70          77            64            41            43            73
Independent Bank Corp Rockland MA Dec16          77          65          60          50          43          45            40            23            24            28
GCP Applied Technologies Cambridge MA Dec16          74          41        136        111          86          60            47


Boston Private Financial Holding Boston MA Dec16          70          63          67          67          49          36          (12)            16        (193)            10
Safety Insurance Group Boston MA Dec16          65        (14)          59          61          58          14            56            54            70            87
Berkshire Hills Bancorp Pittsfield MA Dec16          59          50          34          41          34          17            14          (16)            22            14
Government Properties Income Trust Newton MA Dec16          58      (209)          53          56          49          42            24            26            32            32
Brookline Bancorp Boston MA Dec16          55          52          45          38          38          29            27            20            13            18
ABIOMED Inc Danvers MA Mar17          52          38        114            7          15            1          (12)          (19)          (32)          (41)
Cimpress NV Waltham MA Jun16          50          89          43          29          44          82            68            56            40            27
Acushnet Holdings Fairhaven MA Dec16          50          4          25          24          18        (29)



iRobot Corp Bedford MA Dec16          42          44          38          28          17          40            26              3              1              9
Stag Industrial Inc Boston MA Dec16          36        (29)          (5)            0          (8)        (11)            (3)            (6)            (8)            (2)
Meridian Bancorp East Boston MA Dec16          34          25          22          15          12          12            13              4            (2)              2
NetScout Systems Westford MA Mar17          33        (28)          61          49          41          32            37            28            20            (2)
Pegasystems Inc Cambridge MA Dec16          27          36          33          38          22          10            (6)            32            11              7
Altra Industrial Motion Corp Braintree MA Dec16          25          35          40          40          24          38            25            (2)              7            13
athenahealth Watertown MA Dec16          21          14          (3)            3          19          19            13              9            32            (8)
Mercury Systems Inc Chelmsford MA Jun16          20          14          (4)        (14)          22          18            28              8            (4)          (29)
CYS Investments Inc Waltham MA Dec16          16          (5)        426      (476)        373        292            22            64          (39)          (30)
Cynosure Inc Westford MA Dec16          14          16          31          (2)          11          (3)            (6)          (23)            10            15
Analogic Peabody MA Jul16          12          33          34          31          43          17            16              4            23            15
Repligen Waltham MA Dec16          12            9            8          16          14          (0)            (4)              6            37            (1)
CIRCOR Intl Inc Burlington MA Dec16          10          10          50          47          31          37            13              6          (59)            38
Franklin Street Properties Wakefield MA Dec16            8          35          13          17          23          19            18            27            30            26
LogMein Inc Boston MA Dec16            3          15            8          (8)            4            6            21              9            (5)            (9)
AMAG Pharmaceuticals Waltham MA Dec16          (2)          33        136        (10)        (17)        (77)          (81)          (93)          (72)          (34)
MACOM Technology Solutions Lowell MA Sep16          (4)          (6)        (25)            3        (11)          (6)              7              4            (6)            (4)
Mimecast Ltd Watertown MA Mar17          (5)          (3)            0        (17)        (14)




NxStage Medical Inc Lawrence MA Dec16          (7)        (16)        (24)        (19)        (15)        (21)          (32)          (43)          (51)          (58)
Nuance Communications Burlington MA Sep16        (12)      (115)      (150)      (115)        207          38          (19)          (19)          (37)          (15)
Momenta Pharmaceuticals Cambridge MA Dec16        (21)        (83)        (99)      (108)        (59)        180            37          (64)          (63)          (69)
Haemonetics Corp Braintree MA Mar17        (26)        (56)          17          35          39          67            80            58            59            52
Insulet Corp Billerica MA Dec16        (27)        (62)        (48)        (42)        (47)        (46)          (61)          (72)          (95)          (54)
Clean Harbors Inc Norwell MA Dec16        (40)          44        (28)          96        130        127          128            35            57            44
Teradyne Inc North Reading MA Dec16        (43)        206          81        165        217        344          380        (135)        (401)            75
HubSpot Cambridge MA Dec16        (46)        (46)        (48)        (34)        (19)        (24)          (13)            (9)

PTC Inc Needham MA Sep16        (54)          48        160        144        (35)          85            24            32            80          144
Progress Software Corp Bedford MA Nov16        (56)          (9)          49          40          45          71            75            37            64            42
Acceleron Pharma Cambridge MA Dec16        (57)        (64)        (51)        (22)        (33)          36



Brooks Automation Inc Chelmsford MA Sep16        (69)          14            2          (7)        132        121            52        (228)        (237)            54
Blueprint Medicines Cambridge MA Dec16        (72)        (53)        (40)        (21)





Endurance Intl Group Holdings Burlington MA Dec16        (81)        (26)        (51)      (160)      (139)        (78)          (44)


Ironwood Pharmaceuticals Cambridge MA Dec16        (82)      (143)      (190)      (273)        (73)        (65)          (56)          (60)          (47)          (50)
Vertex Pharmaceuticals Boston MA Dec16        (84)      (588)      (742)      (504)          32        110        (755)        (642)        (460)        (391)
Foundation Medicine Cambridge MA Dec16      (113)        (90)        (52)        (43)        (22)        (17)



Beigene Ltd Waltham MA Dec16      (119)        (57)        (19)          (8)





Alere Inc Waltham MA Dec16      (137)        (15)      (171)        (57)        (46)        267          (41)            
Sage Therapeutics Cambridge MA Dec16      (159)        (94)        (34)        (18)        (10)




Radius Health Inc Waltham MA Dec16      (183)      (102)        (62)        (61)        (69)        (42)          (15)          (15)          (22)          (16)
Wayfair Boston MA Dec16      (194)        (77)      (148)        (16)        (21)        (11)



Agios Pharmaceuticals Cambridge MA Dec16      (198)      (118)        (54)        (39)        (20)        (24)



Alkermes PLC Waltham MA Dec16      (208)      (227)        (30)          25      (114)        (46)          (40)          131          167
bluebird bio Cambridge MA Dec16      (264)      (167)        (49)        (25)        (24)        (16)



Sarepta Therapeutics Inc Cambridge MA Dec16      (267)      (220)      (136)      (112)      (121)          (2)          (32)          (25)          (24)          (27)
Houghton Mifflin Harcourt Boston MA Dec16      (285)      (134)      (111)      (111)        (87)   (2,182)        (820)     (2,145)     (1,462)    
TESARO Inc Waltham MA Dec16      (387)      (251)      (171)        (92)        (62)        (16)            (9)


Alnylam Pharmaceuticals Cambridge MA Dec16      (410)      (290)      (360)        (89)      (106)        (58)          (44)          (48)          (26)          (85)
Staples Framingham MA Jan17      (459)        462        125        736        793                    














Total all 99 But GE


  18,261   17,015   17,213   13,359   10,849   12,530       8,011       3,292       2,451       8,612
...2016 Total Earnings % Above 2015

7%








...2016 Total Earnings % Above 2010

128%








...2016 Total Earnings % Above 2009

455%








...2016 Total Earnings % Above 2008

645%






















General Electric Boston MA Dec16     9,784     1,681     9,535     7,618     8,646     9,113  NA   NA   NA   NA 














Total all 100


  28,045   18,696   26,748   20,977   19,495   21,643                
...2016 Total Earnings % Above 2015

50%









Deval Patrick would be an outstanding US Presidential candidate in 2020.  I hope he runs.