Monday, July 31, 2017

Utah Largest Companies 2016 Total Audited Earnings Were Down 29% From 2008, But Up a Staggering 1,075% From 2008

From a review of the Google Finance Website and of company financial statements in the US SEC Website, I found the 11 Companies headquartered in the US State of Utah 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.

Zions Bancorporation has had a superlative recovery from the 2008-09 US Financial Meltdown.

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations of each of these 11 Utah 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
Utah 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














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
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
Varex Imaging Salt Lake City UT Sep16          81        110        110






Headwaters Inc South Jordan UT Sep16          50        132          16            8        (26)      (134)        (21)      (415)      (175)          21
HealthEquity  Draper  UT Jan17          26          17          10            1          11




Merit Medical Systems Inc South Jordan UT Dec16          20          24          23          17          20          23          12          23          21          16
SkyWest Inc St George UT Dec16      (162)        118        (24)          59          51        (27)          96          84        113        159
Vista Outdoor Inc Farmington UT Mar17      (274)        147          80        133          65          11          78          68        














Total all 11


       975     1,375     1,251     1,258        997        559        236   (1,163)      (100)        868













2016 Total Earnings % Change From:











….. 2015


-29%








….. 2008


1075%