These fine 54 Colorado
Cos posted Audited Gold-Standard US GAAP Total Pretax Income From Continuing
Operations of $7.002 Bil in annual 2017, a decline of 31% from their similar
Total Pretax Income of $10.178 Bil in 2016.
This 31% Earnings
Decline in 2017 was a substantial earnings growth reversal.
In 2016 in Obama’s
last year in office, these same 54 Colorado Cos posted Audited Total Pretax
Income From Continuing Operations of $10.178 Bil in annual 2016, an increase of a completely
off-the-charts 1,350% from their similar Total Pretax Income of $702 Mil in
2015.
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.
It’s clear to me why Obama is now respected
by many Colorado financially savvy citizens.
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 2017, 2016 and 2015 for the 54 Colorado Companies with December Year Ends and with stock market caps above $1 bil recently.
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 2017, 2016 and 2015 for the 54 Colorado Companies with December Year Ends and with stock market caps above $1 bil recently.
| Obama | ||||||
| Trump | Obama | Second | ||||
| First | Last | Last | ||||
| Year | Year | Year | ||||
| 2017 | 2016 | 2015 | ||||
| Audited | Audited | Audited | ||||
| Pretax | Pretax | Pretax | ||||
| Income | Income | Income | ||||
| (Loss) | (Loss) | (Loss) | ||||
| Colorado 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 | ||||
| Liberty Broadband | Englewood | CO | Dec 17 | 2,451 | 1,476 | (70) |
| Dish Networks | Englewood | CO | Dec 17 | 1,650 | 2,417 | 1,235 |
| Qurate Retail | Englewood | CO | Dec 17 | 1,523 | 1,852 | 816 |
| DaVita | Denver | CO | Dec 17 | 1,400 | 1,623 | 688 |
| Molson Coors Brewing | Denver | CO | Dec 17 | 1,382 | 3,057 | 456 |
| Liberty SiriusXM Group | Englewood | CO | Dec 17 | 1,193 | 998 | 765 |
| Newmont Mining | Greenwood Village | CO | Dec 17 | 1,076 | (227) | 250 |
| Pilgrim's Pride | Greeley | CO | Dec 17 | 982 | 724 | 1,001 |
| Arrow Electronics | Centennial | CO | Dec 17 | 694 | 715 | 692 |
| Cimarex Energy | Denver | CO | Dec 17 | 682 | (623) | (4,051) |
| Ball Corp | Broomfield | CO | Dec 17 | 545 | 140 | 350 |
| Antero Resources | Denver | CO | Dec 17 | 490 | (1,246) | 1,556 |
| Janus Henderson Group plc | Denver | CO | Dec 17 | 447 | 212 | 338 |
| IHS Markit Ltd | Denver | CO | Dec 17 | 367 | 138 | 238 |
| Western Union | Englewood | CO | Dec 17 | 348 | 342 | 942 |
| Apartment Investment&Mgt | Denver | CO | Dec 17 | 347 | 483 | 272 |
| Antero Midstream Partners LP | Denver | CO | Dec 17 | 307 | 237 | 159 |
| Chipotle Mexican Grill | Denver | CO | Dec 17 | 275 | 39 | 770 |
| DCP Midstream LP | Denver | CO | Dec 17 | 236 | 140 | (968) |
| MDC Holdings | Denver | CO | Dec 17 | 230 | 152 | 101 |
| Advanced Energy Industries | Fort Collins | CO | Dec 17 | 198 | 128 | 105 |
| Liberty Oilfield Services | Denver | CO | Dec 17 | 169 | (61) | (9) |
| SRC Energy | Denver | CO | Dec 17 | 142 | (219) | (103) |
| UDR Inc | Highlands Ranch | CO | Dec 17 | 133 | 320 | 357 |
| Innospec | Englewood | CO | Dec 17 | 128 | 103 | 152 |
| Centennial Resource Development | Denver | CO | Dec 17 | 113 | (228) | (39) |
| Gates Industrial Group plc | Denver | CO | Dec 17 | 110 | 93 | 42 |
| DCT Industrial Trust | Denver | CO | Dec 17 | 108 | 98 | 103 |
| CoreSite Realty | Denver | CO | Dec 17 | 101 | 82 | 57 |
| EchoStar | Englewood | CO | Dec 17 | 101 | 217 | 139 |
| TTEC Holdings | Englewood | CO | Dec 17 | 89 | 50 | 86 |
| CSG Systems Intl | Greenwood Village | CO | Dec 17 | 88 | 100 | 96 |
| National Storage Affiliates Trust | Greenwood Village | CO | Dec 17 | 47 | 25 | 5 |
| National Bank Holdings | Greenwood Village | CO | Dec 17 | 36 | 26 | 8 |
| Antero Midstream GP LP | Denver | CO | Dec 17 | 29 | 16 | 1 |
| Crocs | Niwot | CO | Dec 17 | 18 | (7) | (75) |
| SendGrid | Denver | CO | Dec 17 | (6) | (4) | (6) |
| Maxar Technologies Ltd | Westminster | CO | Dec 17 | (35) | 130 |
N/A
|
| QEP Resources | Denver | CO | Dec 17 | (43) | (1,953) | (243) |
| Liberty Braves Group | Englewood | CO | Dec 17 | (62) | (79) | (30) |
| GCI Liberty | Englewood | CO | Dec 17 | (66) | 1 | (28) |
| Extraction Oil & Gas | Denver | CO | Dec 17 | (108) | (485) | (47) |
| High Point Resources | Denver | CO | Dec 17 | (140) | (170) | (665) |
| Summit Materials | Denver | CO | Dec 17 | (158) | 41 | (19) |
| Liberty Formula One Group | Englewood | CO | Dec 17 | (304) | 500 | (277) |
| PDC Energy | Denver | CO | Dec 17 | (339) | (393) | (107) |
| SM Energy | Denver | CO | Dec 17 | (344) | (1,201) | (723) |
| Clovis Oncology | Boulder | CO | Dec 17 | (350) | (381) | (382) |
| Jagged Peak Energy | Denver | CO | Dec 17 | (394) | (10) | (7) |
| Liberty Latin America Ltd | Denver | CO | Dec 17 | (651) | (98) | 92 |
| Liberty Global plc | Denver | CO | Dec 17 | (1,556) | 648 | (777) |
| Whiting Petroleum | Denver | CO | Dec 17 | (1,721) | (1,427) | (2,993) |
| Liberty TripAdvisor Holdings | Englewood | CO | Dec 17 | (1,810) | 46 | 4 |
| Liberty Expedia Holdings | Englewood | CO | Dec 17 | (3,146) | 1,621 | 445 |
| Total all 54 Colorado Companies | 7,002 | 10,178 | 702 | |||
Trump's First Year 2017
|
||||||
| … Pretax Income % Decrease 2017 vs 2016 | -31% | |||||
Obama's Last Year 2016
|
||||||
| … Pretax Income % Increase 2016 vs 2015 | 1350% |
