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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% |