The 20 Largest Missouri Cos, All With Stock Market Caps Above $1 Bil, All With December Year Ends and Predominately All Audited By One of the Very Prestigious Big 4 CPA Firms, Generated Audited Total Pretax Income of $14.349 Bil For the Year Ended December 31, 2016 in Obama's Last Year in Office, Up an Exceptional 27.8% From That in Annual 2015 of $11.232 Bil'
Then In 2017, Trump's First Year in Office, These Same 20 Missouri Cos Generated Audited Total Pretax Income of $15.666 Bil For the Year Ended December 31, 2017, Up a Substantially Lower But Still Excellent Earnings Growth of 9.2%, From That in Annual 2016 of $14.349 Bil.
The one variable that was the same for both year's fine earnings growth was hard-working, superbly effective Missouri US Senator Claire McCaskill.
My Focus is on Pretax Income Rather Than After-Tax Net Income Because Income Taxes are Simply a Transfer of Financial Wealth Between US Corporations and the US Federal, US State and Foreign Governments. It Has Nothing Whatsoever to do with Company Operating Performance.
From a review of SEC filings, the chart below shows the Audited Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the Years Ended December 31, 2017, 2016 and 2015 for the 20 Missouri Companies with December Year Ends and with stock market caps above $1 bil recently.
Peabody Energy and Arch Coal were both excluded below since they both have large Legal Reorganization Credits (Charges) impacting their reported earnings.
Charter Communications was included below since it has substantial key operations in St. Louis, Missouri.
| Trump | Obama | |||||
| First | Last | Obama | ||||
| Year | Year | Year | ||||
| 2017 | 2016 | 2015 | ||||
| Audited | Audited | Audited | ||||
| Pretax | Pretax | Pretax | ||||
| Income | Income | Income | ||||
| (Loss) | (Loss) | (Loss) | ||||
| Missouri Companies | From | From | From | |||
| Stock Market Caps Above $1 Bil | City | State | 2017 | Continuing | Continuing | Continuing |
| With December Year Ends | HQs | HQs | FYE | Operations | Operations | Operations |
| $ mils | $ mils | $ mils | ||||
| Express Scripts | St. Louis | MO | Dec 17 | 4,929 | 4,427 | 3,864 |
| O Reilly Auto | Springfield | MO | Dec 17 | 1,638 | 1,637 | 1,460 |
| Reinsurance Group | Chesterfield | MO | Dec 17 | 1,143 | 1,044 | 745 |
| Centene | St. Louis | MO | Dec 17 | 1,134 | 1,157 | 697 |
| Ameren Corp | St. Louis | MO | Dec 17 | 1,105 | 1,041 | 948 |
| Charter Communications | St. Louis | MO | Dec 17 | 1,028 | 820 | (331) |
| Cerner | Kansas City | MO | Dec 17 | 967 | 918 | 781 |
| Kansas City Southern | Kansas City | MO | Dec 17 | 874 | 663 | 673 |
| DST Systems | Kansas City | MO | Dec 17 | 532 | 279 | 459 |
| Leggett & Platt | Carthage | MO | Dec 17 | 432 | 487 | 450 |
| Commerce Bancshares | Kansas City | MO | Dec 17 | 430 | 401 | 384 |
| Stifel Financial | St. Louis | MO | Dec 17 | 270 | 143 | 142 |
| EPR Properties | Kansas City | MO | Dec 17 | 265 | 226 | 195 |
| UMB Financial | Kansas City | MO | Dec 17 | 236 | 199 | 128 |
| Hostess Brands | Kansas City | MO | Dec 17 | 191 | 45 | 89 |
| Great Plains Energy | Kansas City | MO | Dec 17 | 127 | 462 | 336 |
| Olin Corp | Clayton | MO | Dec 17 | 117 | (34) | 7 |
| Belden | St. Louis | MO | Dec 17 | 99 | 126 | 40 |
| Enterprise Financial Services Grp | Clayton | MO | Dec 17 | 87 | 75 | 58 |
| Mallinckrodt plc | St. Louis | MO | Dec 17 | 62 | 233 | 107 |
| Total all 20 Missouri Cos | 15,666 | 14,349 | 11,232 | |||
| % Increase Over Previous Year | 9.2% | 27.8% |
