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From a review of US SEC filings, there were 10 Companies headquartered in the Boca Raton/Palm Beach Area with stock market caps of more than $1 Bil recently.
Nearly all Republicans, a high percentage of Independents and even many perceptive Democrats all agree as a starting point that for US capitalism to work properly, Companies must generate in the aggregate reasonably healthy profits. This just didn't happen in 2017 for Boca Raton/Palm Beach Area Companies.
My Focus is on Pretax Income Rather Than on 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.
Year | Year | Year | ||||
2017 | 2016 | 2015 | ||||
Audited | Audited | Audited | ||||
Pretax | Pretax | Pretax | ||||
Income | Income | Income | ||||
(Loss) | (Loss) | (Loss) | ||||
From | From | From | ||||
Boca Raton/Palm Beach, Florida Area Companies | City | State | 2017 | Continuing | Continuing | Continuing |
Stock Market Caps Above $1 Bil | HQs | HQs | FYE | Operations | Operations | Operations |
$ mils | $ mils | $ mils | ||||
Nextera Energy | Juno Beach | FL | Dec 17 | 4,667 | 4,388 | 3,990 |
Affiliated Managers Group | West Palm Beach | FL | Dec 17 | 1,067 | 975 | 1,091 |
Office Depot | Boca Raton | FL | Dec 17 | 299 | 459 | 115 |
NextEra Energy Partners LP | Juno Beach | FL | Dec 17 | 276 | 437 | 140 |
Dycom Industries | Palm Beach Gardens | FL | Jul 17 | 250 | 206 | 136 |
GEO Group | Boca Raton | FL | Dec 17 | 164 | 156 | 147 |
KLX Inc | Wellington | FL | Jan 18 | 141 | 54 | (614) |
SBA Communications | Boca Raton | FL | Dec 17 | 117 | 87 | (167) |
Therapeutics MD | Boca Raton | FL | Dec 17 | (77) | (90) | (85) |
Platform Specialty Products | West Palm Beach | FL | Dec 17 | (289) | (48) | (229) |
Total all 10 Boca Raton/Palm Beach Area Cos | 6,615 | 6,624 | 4,524 | |||
Trump's First Year 2017 | ||||||
… Pretax Income % Change 2017 vs 2016 | 0% | |||||
Obama's Last Year 2016 | ||||||
… Pretax Income % Increase 2016 vs 2015 | 46% |