But From a Longer Term Perspective, Kansas City Area Company Total Earnings Were On Fire During the Entire 8 Year Time Span of the Obama Administration. Man, That KC BBQ Must Be Doing the Fiscal Trick!
Kansas City Area Companies Posted Total Audited After-Tax Net Income in 2016 Which Was a Blistering 54% Above That in 2015.
And Kansas City Area Companies Posted Total Audited After-Tax Net Income in 2015 Which Was an Even More Blistering 76% Above That in 2014.
Also, Kansas City Area Companies Had Their Total Audited Annual After-Tax Net Income Increase By 1,306% 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.
And Lastly, Kansas City Area Companies Had Their Total Audited Annual After-Tax Net Income Improve By an Amazing $29.4 Bil From 2007, 2 Years Before Obama Took Office, to 2016, Obama's Last Year in Office.
......................................................................
From
a review of US SEC filings, there were 14 Companies effectively headquartered
in Kansas 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 First Half of
2018 and 2017 for these 14 Kansas Companies.
| US | US | ||
| GAAP | GAAP | ||
| Pretax | Pretax | ||
| Income | Income | ||
| (Loss) | (Loss) | ||
| 6 Months | 6 Months | ||
| June | June | Better | |
| July | July | (Worse) | |
| Kansas Companies | or Aug | or Aug | % |
| Market Caps Above $1 Bil | 2018 | 2017 | Change |
| mils $ | mils $ | ||
| Garmin Ltd | 390 | 322 | |
| Spirit AeroSystems | 334 | 114 | |
| Westar Energy | 131 | 196 | |
| Waddell & Reed Financial | 118 | 104 | |
| Euronet Worldwide | 100 | 107 | |
| Seaboard | 65 | 196 | |
| Capitol Federal Financial | 62 | 65 | |
| CURO Group Holdings | 56 | 53 | |
| NIC Inc | 43 | 41 | |
| AMC Entertainment Holdings | 42 | (287) | |
| MGP Ingredients | 21 | 21 | |
| Compass Minerals Intl | 4 | 20 | |
| QTS Realty Services | (9) | 7 | |
| Sprint Corp | (129) | 364 | |
| Total all 14 Kansas Companies | 1,228 | 1,323 | -7% |
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. 2015, 2014, 2009, 2008 and 2007, spanning the entire Obama Administration plus some, for the fine 19 Kansas City Area Companies in both the US States of Kansas and Missouri, which had stock market caps of above $1 Bil.
| One | Two | ||||||||
| Year | Years | ||||||||
| Obama | Obama | Before | Before | ||||||
| Obama | Second | Third | Obama | Obama | Obama | ||||
| Last | Last | Last | First | First | First | ||||
| Year | Year | Year | Year | Year | Year | ||||
| in | in | in | in | in | in | ||||
| Office | Office | Office | Office | Office | Office | ||||
| 2016 | 2015 | 2014 | 2009 | 2008 | 2007 | ||||
| Audited | Audited | Audited | Audited | Audited | Audited | ||||
| Net | Net | Net | Net | Net | Net | ||||
| Kansas City Area Companies | City | State | 2016 | Income | Income | Income | Income | Income | Income |
| Market Caps Above $1 Bil | HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) |
| $ mils | $ mils | $ mils | $ mils | $ mils | $ mils | ||||
| Kansas City, Kansas Area Cos | |||||||||
| Garmin Ltd | Olathe | KS | Dec16 | 511 | 456 | 364 | 704 | 733 | 855 |
| Seaboard Corp | Shawnee Mission | KS | Dec16 | 314 | 172 | 368 | 92 | 148 | 181 |
| Tallgrass Energy Partners LP | Leawood | KS | Dec16 | 268 | 185 | 59 |
N/A
|
N/A
|
N/A
|
| Euronet Worldwide | Leawood | KS | Dec16 | 174 | 98 | 101 | 31 | (193) | 37 |
| Compass Minerals Intl Inc | Overland Park | KS | Dec16 | 163 | 159 | 218 | 164 | 160 | 80 |
| Waddell & Reed Financial | Overland Park | KS | Dec16 | 148 | 246 | 313 | 106 | 96 | 125 |
| AMC Entertainment Holdings | Leawood | KS | Dec16 | 112 | 104 | 64 | 87 | (159) | (8) |
| NIC Inc | Olathe | KS | Dec16 | 56 | 42 | 39 | 14 | 12 | 12 |
| QTS Realty Trust | Overland Park | KS | Dec16 | 25 | 24 | 19 |
N/A
|
N/A
|
N/A
|
| Sprint | Overland Park | KS | Mar17 | (1,206) | (1,995) | (3,345) | (2,436) | (2,796) | (29,444) |
| Kansas City, Missouri Area Cos | |||||||||
| Cerner Corp | Kansas City | MO | Dec16 | 636 | 539 | 525 | 193 | 189 | 127 |
| Kansas City Southern | Kansas City | MO | Dec16 | 480 | 485 | 504 | 69 | 184 | 154 |
| H & R Block | Kansas City | MO | Apr17 | 421 | 384 | 487 | 489 | 513 | 446 |
| Evergy | Kansas City | MO | Dec16 | 361 | 302 | 322 | 141 | 178 | 168 |
| Commerce Bancshares | Kansas City | MO | Dec16 | 277 | 267 | 263 | 168 | 189 | 207 |
| EPR Properties | Kansas City | MO | Dec16 | 225 | 194 | 176 | 35 | 127 | 98 |
| DST Systems | Kansas City | MO | Dec16 | 178 | 310 | 561 | 242 | 243 | 875 |
| UMB Financial | Kansas City | MO | Dec16 | 159 | 116 | 121 | 89 | 98 | 74 |
| Hostess Brands | Kansas City | MO | Dec16 | 52 | 89 | 81 |
N/A
|
N/A
|
N/A
|
Total all 19 Kansas City Area
Cos
|
3,354 | 2,177 | 1,240 | 188 | (278) | (26,013) | |||
………. 2016 Total Earnings %
Above 2015
|
54% | ||||||||
………. 2015 Total Earnings %
Above 2014
|
76% | ||||||||
………. 2016 Total Earnings %
Above 2008
|
1,306% | ||||||||
Total Annual Earnings
Improvement in $ mils
|
|||||||||
………. 2016 From 2007
|
29,367 |
