For a Longer Term Perspective, Indiana Companies Had Their Total After-Tax Net Income Increase By 1,080% Excluding Utility Cos and Increase By 743% Including Utility Cos, Both During the Entire Span of the Obama Administration From 2008, the Year Before Barack Obama Took Office, to 2016, Obama's Last Year in Office.
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From
a review of US SEC filings, there were 28 Companies effectively headquartered
in Indiana with stock market caps of more than $1 Bil recently.
From a review of SEC filings, the chart below shows the Gold-Standard
US GAAP Pretax Income (Loss) From Continuing Operations for the most recent Second
Quarter of 2018 and 2017 for these 28 Indiana Companies.
Also from a review of SEC filings, the chart below shows the Gold-Standard US GAAP Audited After-Tax Net Income (Loss) From Continuing Operations for Annual 2016 and Annual 2008, spanning the entire Obama Administration, for the 29 Indiana Companies which reported both their 2016 and 2008 After-Tax Net Income (Loss) to the SEC. Eli Lilly and OneMain Holdings led this Huge Eight-Year Earnings Increase.
| US | US | ||
| GAAP | GAAP | ||
| Pretax | Pretax | ||
| Income | Income | ||
| (Loss) | (Loss) | ||
| June Qtr | June Qtr | % | |
| July Qtr | July Qtr | Change | |
| Indiana Companies | or Aug Qtr | or Aug Qtr | Better |
| Market Caps Above $1 Bil | 2018 | 2017 | (Worse) |
| mils $ | mils $ | ||
| Anthem | 1,504 | 1,206 | |
| Cummins | 715 | 599 | |
| Simon Property Group | 631 | 441 | |
| Steel Dynamics | 475 | 235 | |
| Allison Transmission | 222 | 146 | |
| Zimmer Biomet | 218 | 196 | |
| Duke Realty | 193 | 125 | |
| Berry Global Group | 146 | 145 | |
| Allegion plc | 132 | 123 | |
| CNO Financial Group | 130 | 128 | |
| KAR Auction Services | 128 | 91 | |
| Thor Industries | 124 | 176 | |
| LCI Industries | 62 | 62 | |
| Hillenbrand | 51 | 51 | |
| Old National Bancorp | 48 | 49 | |
| First Merchants Corp | 47 | 31 | |
| Patrick Industries | 47 | 32 | |
| OneMain Holdings | 43 | 66 | |
| Wabash National Corp | 43 | 36 | |
| Franklin Electric | 37 | 37 | |
| NiSource | 30 | (71) | |
| 1st Source Corp | 27 | 26 | |
| Lakeland Financial | 25 | 23 | |
| Vectren | 24 | 59 | |
| Eli Lilly | 5 | 1,261 | |
| Skyline Champion Corp | 3 | 8 | |
| Kite Realty Group Trust | (1) | 11 | |
| Endocyte | (12) | (12) | |
| Total all 28 Indiana Companies | 5,097 | 5,280 | -3.5% |
Also from a review of SEC filings, the chart below shows the Gold-Standard US GAAP Audited After-Tax Net Income (Loss) From Continuing Operations for Annual 2016 and Annual 2008, spanning the entire Obama Administration, for the 29 Indiana Companies which reported both their 2016 and 2008 After-Tax Net Income (Loss) to the SEC. Eli Lilly and OneMain Holdings led this Huge Eight-Year Earnings Increase.
| Year | |||||||
| Before | |||||||
| Obama | Obama | ||||||
| Last | First | ||||||
| Year | Year | ||||||
| in | in | ||||||
| Office | Office | ||||||
| 2016 | 2008 | ||||||
| Audited | Audited | Better | |||||
| Net | Net | (Worse) | |||||
| Indiana Companies | City | State | 2016 | Income | Income | Better | % |
| Market Caps Above $1 Bil | HQs | HQs | FYE | (Loss) | (Loss) | (Worse) | Change |
| $ mils | $ mils | $ mils | |||||
| Eli Lilly | Indianapolis | IN | Dec16 | 2,738 | (2,072) | 4,810 | 232% |
| Anthem | Indianapolis | IN | Dec16 | 2,470 | 2,491 | (21) | -1% |
| Simon Property Group | Indianapolis | IN | Dec16 | 2,135 | 600 | 1,535 | 256% |
| Cummins | Columbus | IN | Dec16 | 1,456 | 818 | 638 | 78% |
| Mead Johnson Nutrition | Evansville | IN | Dec16 | 549 | 401 | 148 | 37% |
| Steel Dynamics | Fort Wayne | IN | Dec16 | 360 | 455 | (95) | -21% |
| CNO Financial Group | Carmel | IN | Dec16 | 358 | (410) | 768 | 187% |
| Duke Realty Corp | Indianapolis | IN | Dec16 | 313 | 86 | 227 | 264% |
| Zimmer Biomet Holdings | Warsaw | IN | Dec16 | 305 | 850 | (545) | -64% |
| Thor Industries Inc | Elkhart | IN | Jul16 | 258 | 93 | 165 | 177% |
| OneMain Holdings | Evansville | IN | Dec16 | 243 | (1,346) | 1,589 | 118% |
| Berry Plastics Group | Evansville | IN | Sep16 | 236 | (138) | 374 | 271% |
| Allegion PLC | Carmel | IN | Dec16 | 229 | (77) | 306 | 397% |
| KAR Auction Services | Carmel | IN | Dec16 | 222 | (216) | 438 | 203% |
| Allison Transmission Holdings | Indianapolis | IN | Dec16 | 215 | (328) | 543 | 166% |
| Old National Bancorp | Evansville | IN | Dec16 | 134 | 62 | 72 | 116% |
| LCI Industries | Elkhart | IN | Dec16 | 130 | 12 | 118 | 983% |
| Wabash National Corp | Lafayette | IN | Dec16 | 119 | (126) | 245 | 194% |
| Hillenbrand Inc | Batesville | IN | Dec16 | 117 | 93 | 24 | 26% |
| First Merchants Corp | Muncie | IN | Dec16 | 81 | 21 | 60 | 286% |
| Franklin Electric Co | Fort Wayne | IN | Dec16 | 79 | 45 | 34 | 76% |
| 1st Source Corp | South Bend | IN | Dec16 | 58 | 33 | 25 | 76% |
| Patrick Industries Inc | Elkhart | IN | Dec16 | 56 | (67) | 123 | 184% |
| Lakeland Financial Corp | Warsaw | IN | Dec16 | 52 | 20 | 32 | 160% |
| Skyline Champion Corp | Elkhart | IN | May17 | 28 | (199) | 227 | 114% |
| Kite Realty Trust | Indianapolis | IN | Dec16 | (1) | 10 | (11) | -110% |
| Endocyte | West Lafayette | IN | Dec16 | (44) | (18) | (26) | -144% |
| Total all 27 With No Utility Cos | 12,896 | 1,093 | 11,803 | 1080% | |||
| Utility Cos | |||||||
| NiSource | Merrillville | IN | Dec16 | 328 | 371 | (43) | -12% |
| Vectren | Evansville | IN | Dec16 | 212 | 129 | 83 | 64% |
| Total all 29 Indiana Companies | 13,436 | 1,593 | 11,843 | 743% |
