Monday, July 24, 2017

New Hampshire Largest Companies, Led By Planet Fitness and Excluding White Mountains Insurance Group, 2016 Total Audited Earnings Were Up 36% Over 2015, Up 111% Over 2013 and Up 388% Over 2012 ..................................................................................... White Mountains Insurance Group Was Excluded Because Its Reported US GAAP Earnings Were Not Very Meaningful Since in 2015 It Changed Its Accounting From the Equity Method to Fair Value Accounting on One of Its Investments Thus Recognizing $259 Mil of Unrealized Investment Gains in Regular Earnings in 2015 and in Addition, It also Generated Huge Realized Gains on Sales of Investments in 2016 But Recognized Them Outside of Regular Earnings in 2016 ..... White Mountains Insurance Group's More Meaningful Comprehensive Income Attributable to Its Common Shareholders Increased from $298 Mil in 2015 to $413 Mil in 2016

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 5 Companies headquartered in the US State of New Hampshire 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 Highly Regulated Utilities Companies were excluded.

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 5 New Hampshire 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
New Hampshire 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














Planet Fitness Inc Newington NH Dec16            71          38          37          26          25          29          17            
Albany Intl Rochester NH Dec16            53          57          42          18        (41)          21          27         (21)        (92)           11
Standex Intl Salem NH Jun16            52          55          50          44          46          38          30             1          19           16
Bottomline Technologies Portsmouth NH Jun16          (20)        (35)        (19)        (14)            2          36            4         (12)          (5)           (7)














Total all 4


         156        115        110          74          32        124          78         (32)        (78)           20














2016 Total Earnings % Above:











….. 2015


36%








….. 2014


42%








….. 2013


111%








….. 2012


388%






















White Mountains Insurance Group Hanover NH Dec16              5        158        (14)        123        (23)