Friday, October 12, 2018

Orlando Area Companies Generated Total Pretax Income Growth of 9% in 2016, of 20% in 2015 and of 19% in 2014, Obama's Three Years in Office ....................................................................................

Then in 2017, Trump's First Year in Office, These Same Orlando Area Cos Generated Audited Total Pretax Income Which Decreased By a Huge 24%  From That in 2016.  

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From a review of US SEC filings, there were 9 Companies headquartered in the Orlando 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 Orlando Area Companies.

It’s clear to me why Obama is now respected by many Orlando Area financially savvy citizens.

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.

From a review of SEC filings, the chart below shows the Audited Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the Fiscal Years Ended 2017, 2016, 2015, 2014 and 2013 for these 9 Orlando Companies with stock market caps above $1 bil recently.
Year Year Year Year Year
2017 2016 2015 2014 2013
Audited Audited Audited Audited Audited
Pretax Pretax Pretax Pretax Pretax
Income Income Income Income Income
(Loss) (Loss) (Loss) (Loss) (Loss)
From From From From From
Orlando, Florida Areas Companies City State 2017 Continuing Continuing Continuing Continuing Continuing
Stock Market Caps Above $1 Bil HQs HQs FYE Operations Operations Operations Operations Operations
 $ mils  $ mils  $ mils  $ mils  $ mils
Darden Restaurants Orlando FL May 18                 606                 637                 450                 175                 175
Wyndham Destinations Orlando FL Dec 17                 590                 858                 837                 775                 608
Hilton Grand Vacations Orlando FL Dec 17                 311                 293                 292                 280                 218
National Retail Properties Orlando FL Dec 17                 265                 240                 208                 191                 154
Marriott Vacations Worldwide Orlando FL Dec 17                 226                 223                 206                 151                 131
Tupperware Brands Orlando FL Dec 17                 185                 301                 260                 298                 360
Xenia Hotel & Resorts Orlando FL Dec 17                 109                   92                   95                   41                 (42)
Faro Technologies Lake Mary FL Dec 17                     6                   13                   13                   38                   29
SeaWorld Entertainment Orlando FL Dec 17               (287)                   (3)                   73                   79                   78
Total all Orlando Area Cos              2,011              2,654              2,434              2,028              1,711
Trump's First Year 2017
….. Net Income % Decrease 2017 vs 2016 -24%
Obama's Last Three Years 2016, 2015 and 2014
….. Net Income % Increase 2016 vs 2015 9%
….. Net Income % Increase 2015 vs 2014 20%
….. Net Income % Increase 2014 vs 2013 19%