Wednesday, November 21, 2018

The 552 US Companies With Stock Market Caps Above $10 Bil: Final Pretax Earnings Results For the First Three Calendar Quarters of 2018

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These 552 US Companies include 39 Oil & Gas Companies which increased their Total Pretax Earnings in the 3Q 2018 by 183% above that in the 3Q 2017, by 338% in the 2Q 2018 above that in the 2Q 2017 and by 55% in the 1Q 2018 above that in the 1Q 2017
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These 552 US Companies also include Berkshire Hathaway (BH), which generated US GAAP Pretax Income of $23.147 Bil in the 3Q 2018, an increase of 311% from that in the 3Q 2017.  BH’s Pretax Income increased by 146% in the 2Q 2018 and declined by 127% in the 1Q 2018.  This huge quarterly earnings volatility was due predominately to a FASB rule change effective 1-1-2018, which requires BH to prospectively reflect changes in the value of its stock investments in its regular earnings in the quarter they occur.
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When both the 39 US Oil & Gas Cos and Berkshire Hathaway are removed, the remaining 512 US Companies reported Calendar 3Q 2018 Total Pretax Income which increased by 5.3% above that in the 3Q 2017, a marked earnings growth deceleration from the 8.5% Total Pretax Earnings growth for these same 512 US Cos in the Calendar 2Q 2018 above that in the 2Q 2017.  This is a continuation of the Total Pretax Earnings growth deceleration from the higher 1Q 2018 earnings growth of 10.4% as compared to the 2Q 2018 earnings growth of 8.5%.
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From a review of US SEC filings, the chart below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the Calendar September 2018 and 2017 Quarter Ends (July, August and September), for the Calendar June 2018 and 2017 Quarter Ends (April, May and June) and for the Calendar March 2018 and 2017 Quarter Ends (January, February and March) for these 552 US Companies which had stock markets caps of above $10 Bil earlier in 2018.  Both Dow Chemical and DuPont are shown separately below since their individual results are more meaningful than their consolidated results.  


US
US
US
US
US
US
GAAP
GAAP
GAAP
GAAP
GAAP
GAAP
Pretax
Pretax
Pretax
Pretax
Pretax
Pretax
Income
Income
Income
Income
Income
Income
(Loss)
(Loss)
(Loss)
(Loss)
(Loss)
(Loss)
July
July
April
April
Jan
Jan
August
August
May
May
Feb
Feb
or Sept
or Sept
Better
or June
or June
Better
or March
or March
Better
2018
2017
(Worse)
2018
2017
(Worse)
2018
2017
(Worse)
Quarter
Quarter
%
Quarter
Quarter
%
Quarter
Quarter
%
US Company
End
End
 Change
End
End
 Change
End
End
 Change
mils $
mils $
mils $
mils $
mils $
mils $
No Oil & Gas and No BH
Apple          16,421          13,917 18%          13,284          11,308 17%        16,168        14,684 10%
JPMorgan Chase          10,689            9,556 12%          10,572            9,749 8%        10,662          8,341 28%
Microsoft          10,221            7,984 28%          10,680            7,958 34%          8,641          7,094 22%
Alphabet          10,083            7,979 26%            4,215            4,377 -4%        10,543          6,819 55%
Bank of America            8,994            7,611 18%            8,498            8,121 5%          8,394          7,320 15%
Wells Fargo            7,598            6,781 12%            7,119            8,139 -13%          6,701          7,858 -15%
Intel            7,142            5,930 20%            5,529            4,572 21%          5,011          3,815 31%
Verizon Communications            6,675            5,511 21%            5,527            6,967 -21%          6,054          5,182 17%
AT&T            6,207            4,974 25%            6,780            6,070 12%          6,141          5,378 14%
Citigroup            6,104            6,003 2%            5,945            5,678 5%          6,090          5,981 2%
Facebook            5,912            5,236 13%            5,868            4,488 31%          5,610          3,408 65%
Home Depot            4,655            4,214 10%            3,142            3,108 1%          2,943          2,692 9%
Johnson & Johnson            4,423            4,790 -8%            4,973            4,748 5%          5,481          5,575 -2%
Micron Technology            4,346            2,322 87%            3,714            1,739 114%          3,454             932 271%
UnitedHealth Group            4,237            3,794 12%            3,860            3,430 13%          3,724          3,130 19%
Pfizer            4,177            3,585 17%            4,527            3,815 19%          4,127          3,951 4%
Procter & Gamble            3,940            3,751 5%            2,289            2,927 -22%          3,253          3,336 -2%
Comcast Corp            3,895            4,083 -5%            4,285            3,909 10%          4,127          3,951 4%
Cisco Systems            3,592            3,180 13%            3,253            3,191 2%          3,232          2,963 9%
Visa            3,538            3,099 14%            2,812            2,914 -4%          3,217          2,702 19%
Amazon.com            3,391               314 980%            2,608               664 293%          1,916             953 101%
Walt Disney            3,202            2,694 19%            3,854            3,618 7%          3,928          3,751 5%
Brookfield Property REIT            3,142               233 1248%                 96               132 -27%               66             115 -43%
Goldman Sachs            3,078            2,976 3%            3,276            2,509 31%          3,419          2,539 35%
Philip Morris            3,032            2,857 6%            2,939            2,531 16%          2,206          2,199 0%
International Business Machines            2,996            3,065 -2%            2,776            2,443 14%          1,136          1,424 -20%
Morgan Stanley            2,851            2,482 15%            3,109            2,642 18%          3,420          2,808 22%
Coca-Cola            2,847            1,674 70%            2,883            2,624 10%          1,833          1,507 22%
AbbVie            2,761            2,095 32%            2,012            2,353 -14%          2,797          2,086 34%
PepsiCo            2,697            2,776 -3%            2,900            2,774 5%          1,657          1,721 -4%
Merck            2,665               200 1233%            2,086            2,439 -14%          1,345          2,003 -33%
Gilead Sciences            2,664            3,671 -27%            2,086            4,115 -49%          2,033          3,617 -44%
General Motors            2,630            2,430 8%            2,885            2,967 -3%          1,576          3,473 -55%
Altria Group            2,608            2,644 -1%            2,557            2,910 -12%          2,466          2,091 18%
Oracle            2,540            2,500 2%            4,141            3,760 10%          3,300          2,698 22%
US Bancorp            2,282            2,158 6%            2,199            2,063 7%          2,044          1,985 3%
Mastercard            2,264            1,932 17%            1,922            1,628 18%          1,803          1,478 22%
Booking Holdings            2,241            2,067 8%            1,209               863 40%             753             528 43%
Bristol-Myers Squibb            2,167            1,183 83%               517            1,295 -60%          1,779          1,955 -9%
McDonalds            2,159            2,820 -23%            2,018            2,061 -2%          1,888          1,808 4%
Caterpillar            2,135            1,523 40%            2,195            1,164 89%          2,139             284 653%
Boeing            2,133            2,583 -17%            2,586            2,462 5%          2,839          2,145 32%
American Express            2,118            1,831 16%            2,091            1,957 7%          2,082          1,839 13%
Amgen            2,094            2,381 -12%            2,647            2,542 4%          2,619          2,460 6%
Union Pacific Corp            2,076            1,983 5%            1,938            1,869 4%          1,711          1,688 1%
Lowes            2,010            2,223 -10%            1,305               934 40%             944          1,110 -15%
3M            1,965            1,997 -2%            2,350            2,142 10%             965          1,737 -44%
Texas Instruments            1,924            1,789 8%            1,706            1,486 15%          1,553          1,255 24%
Capital One Financial            1,921            1,585 21%            2,492            1,490 67%          1,662          1,109 50%
CVS Health            1,899            2,062 -8%          (2,065)            1,863 -211%          1,470          1,534 -4%
United Parcel Services            1,889            1,937 -2%            1,926            2,119 -9%          1,661          1,710 -3%
Prudential Financial            1,859            3,041 -39%               268               621 -57%          1,716          1,767 -3%
Honeywell            1,858            1,778 4%            1,999            1,778 12%          1,909          1,724 11%
Southern Co            1,845            1,699 9%             (266)          (1,935) NM          1,049             980 7%
Biogen            1,813            1,610 13%            1,179            1,132 4%          1,494             987 51%
United Technologies            1,768            1,940 -9%            2,834            2,064 37%          1,890          2,054 -8%
Carnival            1,744            1,368 27%               564               384 47%             390             354 10%
Delta Air Lines            1,674            1,776 -6%            1,372            1,831 -25%             718             849 -15%
Walgreen's Boots Alliance            1,673               933 79%            1,455            1,333 9%          1,852          1,308 42%
PNC Financial Services            1,661            1,539 8%            1,660            1,483 12%          1,492          1,394 7%
Lockheed Martin            1,575            1,297 21%            1,420            1,342 6%          1,360          1,035 31%
Mondelez Intl            1,507            1,254 20%               339               584 -42%          1,251             787 59%
Twenty-First Century Fox            1,484            1,295 15%            1,081               815 33%          1,331          1,252 6%
Accenture plc            1,457            1,292 13%            1,613               874 85%          1,245          1,119 11%
Costco            1,449            1,419 2%            1,071               965 11%             986             809 22%
BlackRock            1,429            1,399 2%            1,416            1,238 14%          1,359          1,136 20%
Chubb            1,414             (155) NM            1,512            1,505 0%          1,217          1,221 0%
Eli Lilly            1,411               592 138%                   5            1,261 -100%          1,441               91 1484%
Celgene            1,378               991 39%            1,307            1,178 11%          1,030          1,014 2%
Aetna            1,367            1,274 7%            1,666            1,820 -8%          1,465            (628) NM
Constellation Brands            1,365               634 115%               902               472 91%             624             350 78%
Dow Chemical            1,353            1,429 -5%            1,716            1,814 -5%          1,740          1,128 54%
Express Scripts            1,351            1,344 1%            1,170            1,241 -6%             820             915 -10%
LyondellBasell Industries            1,347            1,438 -6%            1,634            1,593 3%          1,534          1,120 37%
Bank of New York Mellon            1,334            1,368 -2%            1,394            1,308 7%          1,444          1,206 20%
Nike            1,270            1,072 18%            1,215            1,168 4%          1,159          1,323 -12%
Anthem            1,242            1,119 11%            1,504            1,206 25%          1,780          1,515 17%
Applied Materials            1,239               978 27%            1,295               908 43%          1,162             771 51%
Northop Grumman            1,237               782 58%               849               812 5%             871             788 11%
Duke Energy            1,230            1,321 -7%               607            1,018 -40%             803          1,061 -24%
Broadcom Ltd            1,229               548 124%            1,099               365 201%             795             267 198%
KKR & Co LP            1,223               397 208%            1,627               887 83%             621             838 -26%
Charles Schwab            1,219               945 29%            1,131               909 24%          1,002             843 19%
Deere & Co            1,200               896 34%            1,387            1,174 18%             523             328 59%
Freeport McMoran            1,190               629 89%            1,554               512 204%          1,334             442 202%
Medtronic plc            1,180            1,195 -1%            1,725            1,435 20%          1,027             967 6%
NVIDIA            1,180               684 73%            1,311               536 145%          1,078             726 48%
CSX Corp            1,150               750 53%            1,144               827 38%             912             582 57%
AFLAC            1,146            1,075 7%            1,131            1,045 8%             982             898 9%
Dominion Energy            1,145               968 18%               566               553 2%             661             949 -30%
Progressive Corp            1,131               251 351%               880               555 59%             911             642 42%
T-Mobile US            1,130               906 25%            1,068               934 14%             881             607 45%
FedEx            1,101               982 12%            1,358            1,460 -7%             874             899 -3%
Ford Motor            1,094            1,770 -38%            1,349            2,266 -40%          1,919          2,251 -15%
MetLife            1,079               485 122%            1,101            1,018 8%          1,656          1,072 54%
HCA Healthcare            1,069               778 37%            1,238            1,160 7%          1,539          1,066 44%
Nextera Energy            1,069            1,220 -12%               931            1,093 -15%          5,080          2,266 124%
United Continental Holdings            1,061               993 7%               857            1,277 -33%             184             150 23%
BB&T Corp            1,049               942 11%            1,024               978 5%             977             530 84%
Allstate            1,039               971 7%               845               851 -1%          1,224          1,012 21%
Cigna            1,033               824 25%            1,102            1,134 -3%          1,218             890 37%
General Dynamics            1,023            1,027 0%               970            1,032 -6%             960          1,010 -5%
Target            1,022               977 5%               927            1,030 -10%          1,018          1,208 -16%
HP Inc            1,018               899 13%                 83               754 -89%             905             775 17%
TJX Cos               993               892 11%               955               832 15%          1,112          1,094 2%
Discover Financial Services               967               903 7%               877               867 1%             856             868 -1%
eBay               948               694 37%               707               462 53%             547             558 -2%
Exelon               937            1,316 -29%               608                 32 1800%             695          1,182 -41%
Starbucks               932            1,152 -19%            1,027            1,052 -2%             816             980 -17%
Nucor Corp               923               371 149%               914               508 80%             516             549 -6%
Humana               909               799 14%                 19            1,042 -98%             707          1,689 -58%
Norfolk Southern               908               800 14%               924               780 18%             707             655 8%
Blackstone Group LP               894               976 -8%            1,690               765 121%             897          1,059 -15%
Synchrony Financial               893               879 2%               892               788 13%             847             782 8%
Johnson Controls Intl plc               892            1,062 -16%               910               718 27%             561             393 43%
State Street Corp               867               822 5%               865               776 11%             763             584 31%
SunTrust Banks               849               765 11%               895               752 19%             792             629 26%
Illinois Tool Works               835               906 -8%               894               819 9%             849             749 13%
Colgate Palmolive               820               900 -9%               888               829 7%             924             862 7%
Kraft-Heinz               814            1,359 -40%            1,046            1,590 -34%          1,254          1,250 0%
Royal Caribbean               810               753 8%               466               370 26%             219             215 2%
Thermo Fisher Scientific               810               480 69%               806               626 29%             634             503 26%
Travelers Companies               806               320 152%               631               790 -20%             778             760 2%
Cummins               805               622 29%               715               599 19%             523             548 -5%
Danaher               801               730 10%               835               645 29%             713             585 22%
Southwest Air               786               832 -6%               960            1,165 -18%             602             532 13%
Las Vegas Sands               782               757 3%               757               717 6%          1,045             648 61%
VMWare               772               494 56%            1,175               281 318%             668             549 22%
T Rowe Price               766               616 24%               629               620 1%             600             637 -6%
Corning Inc               758               479 58%               864               592 46%            (465)               20 -2425%
Tyson Foods               757               580 31%               723               617 17%             423             519 -18%
Emerson Electric               738               685 8%               768               621 24%             658             565 16%
Cardinal Health               736               178 313%          (1,187)               374 -417%             464             564 -18%
Abbott Labs               718               626 15%               777               295 163%             431             736 -41%
Adobe Systems               701               541 30%               691               493 40%             703             461 52%
M&T Bank Corp               696               581 20%               655               596 10%             458             518 -12%
Charter Communications               693               118 487%               380               243 56%             251             236 6%
S&P Global               672               621 8%               657               640 3%             681             611 11%
Paccar               669               582 15%               720               539 34%             669             448 49%
Cognizant Technology               662               658 1%               624               635 -2%             697             649 7%
Automatic Data Processing               647               565 15%               205               388 -47%             853             828 3%
International Paper               645               502 28%               420                 (3) NM             451             265 70%
Simon Property Group               642               593 8%               631               441 43%             716             551 30%
Raytheon               636               816 -22%               827               768 8%             757             695 9%
Praxair               636               597 7%               657               577 14%             620             553 12%
Regeneron Pharmaceuticals               636               566 12%               656               526 25%             585             432 35%
Estee Lauder               633               549 15%               261               207 26%             480             407 18%
Archer Daniels Midland               632               225 181%               652               383 70%             464             458 1%
Textron               628               203 209%               260               215 21%             218             121 80%
Kroger               628               540 16%            2,634               445 492%            (104)             732 -114%
Edison Intl               627               432 45%               289               335 -14%             211             352 -40%
Cincinnati Financial               618               129 379%               264               128 106%              (50)             276 -118%
Expedia               612               415 47%               (14)                 57 -125%            (169)            (131) NM
Consolidated Edison               610               727 -16%               226               277 -18%             545             615 -11%
TD Ameritrade               609               338 80%               603               373 62%             372             344 8%
D R Horton               608               486 25%               616               445 38%             445             354 26%
Kimberly Clark               600               803 -25%               603               742 -19%             201             782 -74%
V F Corp               599               551 9%               186               136 37%             294             269 9%
Waste Management               597               603 -1%               609               570 7%             511             434 18%
Dish Networks               593               492 21%               602               241 150%             501             597 -16%
Lam Research               591               688 -14%               958               603 59%             772             531 45%
Ameriprise Financial               588               633 -7%               548               511 7%             696             475 47%
McKesson               587               178 230%                   6               458 -99%         (1,094)          4,674 -123%
Western Digital               583               710 -18%               729               415 76%            (128)             304 -142%
PG&E Corp               582               713 -18%          (1,573)               544 -389%             496             688 -28%
Citizens Financial Group               576               513 12%               549               462 19%             501             434 15%
KeyCorp               569               497 14%               582               565 3%             478             419 14%
Principal Financial               569            1,158 -51%               515               366 41%             457             414 10%
Marriott Intl               568               738 -23%               796               716 11%             502             494 2%
Lennar               566               368 54%               391               310 26%             269               50 438%
XCEL Energy               564               697 -19%               319               329 -3%             350             356 -2%
CME Group               562               607 -7%               757               637 19%             789             707 12%
IntercontinentalExchange               554               563 -2%               611               567 8%             617             725 -15%
CBS Corp               552               590 -6%               513               566 -9%             646             592 9%
PPL Corp               548               471 16%               657               368 79%             569             532 7%
TE Connectivitity Ltd               546               451 21%               535               503 6%             600             445 35%
Sysco Corp               538               546 -1%               593               484 23%             365             360 1%
Autozone               537               656 -18%               504               494 2%             166             350 -53%
Stryker               534               471 13%               623               444 40%             542             499 9%
Yum! Brands               534               524 2%               357               311 15%             509             347 47%
PayPal Holdings               533               451 18%               609               447 36%             548             438 25%
Lincoln National               532               510 4%               451               533 -15%             435             475 -8%
Hartford Financial Services               530               181 193%               537             (281) NM             519             401 29%
Ingersoll Rand plc               530               445 19%               587               492 19%             167             156 7%
Public Service Enterprise Grp               529               647 -18%               366               168 118%             760             143 431%
Air Products & Chemicals               529               479 10%               552               196 182%             480             405 19%
Vistra Energy               525               524 0%                 31               (34) NM            (395)             119 -432%
FirstEnergy               520               503 3%               382               351 9%             429             409 5%
Markel               519             (360) NM               361               210 72%               43               94 -54%
Dollar General               519               469 11%               465               445 4%             599             655 -9%
Ross Stores               518               510 2%               542               498 9%             592             473 25%
Fifth Third Bancorp               512            1,489 -66%               693               494 40%             836             396 111%
Viacom               510               571 -11%               607               921 -34%             287             154 86%
General Mills               507               577 -12%               445               560 -21%             520             477 9%
Steel Dynamics               507               234 117%               475               235 102%             296             304 -3%
First Data Corp               502               234 115%               365               271 35%             161               91 77%
Sempra Energy               501                 18 2683%          (1,113)               415 -368%             647             747 -13%
Laboratory Corp of America               500               267 87%               313               279 12%             242             265 -9%
American Electric Power               499               821 -39%               602               567 6%             559             937 -40%
Franklin Resources               483               658 -27%               447               644 -31%             633             628 1%
Ecolab               482               526 -8%               458               377 21%             317             312 2%
Rockwell Automation               482               274 76%               252               276 -9%             300             230 30%
Northern Trust               481               417 15%               507               391 30%             484             391 24%
Norwegian Cruise Line               481               407 18%               232               205 13%             106               64 66%
Seagate Technology               468               188 149%               466               120 288%             393             212 85%
Ally Financial               465               395 18%               461               376 23%             328             326 1%
Hewlett Packard Enterprises               465               125 272%             (116)               113 -203%            (657)             335 -296%
Ameren Corp               464               495 -6%               314               308 2%             195             161 21%
Celanese               462               289 60%               442               281 57%             432             240 80%
United Rentals               460               322 43%               359               229 57%             232             161 44%
Parker Hannifin               460               374 23%               498               401 24%             470             315 49%
Eastman Chemical               459               403 14%               430               359 20%             350             341 3%
American Air Lines               456            1,063 -57%               769            1,389 -45%             273             535 -49%
Boston Scientific               456               309 48%               347                 91 281%             323             305 6%
O Reilly Auto               456               440 4%               450               436 3%             395             385 3%
Regions Financial               455               450 1%               467               449 4%             542             420 29%
Kellogg               452               389 16%               669               385 74%             511             307 66%
Bunge Ltd               452               121 274%               (15)                 26 -158%                 2               82 -98%
PPG Industries               451               523 -14%               479               659 -27%             421             446 -6%
Omnicom Group               447               419 7%               532               522 2%             376             370 2%
Analog Devices               441               127 247%               402                 87 362%             339             233 45%
Huntington Bancorp               440               365 21%               412               351 17%             385             267 44%
Eaton Corp plc               439            1,694 -74%               694               572 21%             565             467 21%
KLA-Tencor               428               336 27%               406               325 25%             366             319 15%
Host Hotels & Resorts               420               147 186%               228               239 -5%             260             155 68%
Amphenol               420               358 17%               382               317 21%             355             298 19%
Evergy Inc               420               215 95%                 58               110 -47%               71               83 -14%
Zoetis               418               413 1%               437               345 27%             417             337 24%
Sherwin-Williams               416               428 -3%               538               509 6%             304             307 -1%
Becton Dickinson               415               326 27%               647             (404) NM                 6             362 -98%
Moody's Corp               413               466 -11%               496               462 7%             441             451 -2%
Molson Coors Brewing               410               441 -7%               523               460 14%             357             281 27%
Baxter Intl               406               290 40%               404               306 32%             438             328 34%
Pinnacle West Capital               404               425 -5%               216               261 -17%                 7               32 -78%
CNA Financial               402               187 115%               330               370 -11%             346             343 1%
Walmart               398            4,606 -91%            2,822            4,674 -40%          2,964          5,650 -48%
Westlake Chemical               391               328 19%               381               227 68%             386             201 92%
American Tower               390               368 6%               318               412 -23%             249             334 -25%
Prologis               389               931 -58%               379               303 25%             409             230 78%
The Gap               388               439 -12%               219               238 -8%             383             285 34%
Kohls               387               332 17%                 97               109 -11%             493             398 24%
CBRE Group               387               277 40%               300               273 10%             196             193 2%
Marsh & McLennan               385               537 -28%               719               711 1%             916             753 22%
Apollo Global Mgt LLC               382               451 -15%               163               192 -15%            (101)             394 -126%
Comerica               381               334 14%               419               302 39%             335             268 25%
Public Storage               380               358 6%               405               355 14%             344             344 0%
Netflix               379               116 227%               429                 14 2964%             300             224 34%
Annaly Capital Management               378               369 2%               599                 14 4179%          1,328             441 201%
SVB Financial Group               377               251 50%               324               204 59%             282             159 77%
WestRock               375               246 52%               356               387 -8%             243             142 71%
E Trade Group               374               223 68%               345               317 9%             334             225 48%
DTE Energy               369               337 9%               255               232 10%             419             504 -17%
CNH Industrial NV               362               122 197%               526               346 52%             265               97 173%
Eversource Energy               358               415 -14%               315               370 -15%             355             419 -15%
Hershey               357               401 -11%               260               281 -7%             449             168 167%
Sirius XM Holdings               355               385 -8%               363               322 13%             370             321 15%
Loews Corp               354               264 34%               307               347 -12%             405             510 -21%
Alliance Data Systems               353               334 6%               255               214 19%             219             227 -4%
Raymond James Financial               344               282 22%               318               277 15%             331             161 106%
Monster Beverage               343               321 7%               358               347 3%             282             265 6%
Skyworks Solutions               343               348 -1%               311               307 1%             292             281 4%
Invesco Ltd               342               398 -14%               314               342 -8%             334             290 15%
Alexion Pharmaceuticals               342                 58 490%             (419)               206 -303%             352             194 81%
Restaurant Brands Intl               342               285 20%               373               286 30%             281             204 38%
Mosaic               340               247 38%                 72                 75 -4%              (10)                 9 -211%
Republic Services               340               357 -5%               313               333 -6%             311             296 5%
AES Corp               338               328 3%               356               228 56%          1,009             164 515%
Dollar Tree               338               344 -2%               207               314 -34%             692             498 39%
Intuitive Surgical                335               291 15%               296               270 10%             290             202 44%
Lear Corp               332               393 -16%               453               400 13%             452             408 11%
DXC Technology               332               284 17%               360                 91 296%             661            (187) -453%
Best Buy               329               310 6%               257               292 -12%             873             873 0%
CenturyLink               329               139 137%               237                 40 493%             236             307 -23%
Reinsurance Group               323               340 -5%               247               339 -27%             138             208 -34%
Paychex               323               319 1%               320               301 6%             295             308 -4%
Liberty SiriusXM Group               313               390 -20%               307               295 4%             228             120 90%
NRG Energy               313               186 68%               129               103 25%             232            (173) -234%
Roper Technologies               312               265 18%               313               255 23%             255             211 21%
Fiserv               305               330 -8%               323               330 -2%             563             349 61%
Stanley Black & Decker               305               354 -14%               294               358 -18%             252             473 -47%
Aptiv plc               297               337 -12%               386               344 12%             375             248 51%
Fortive Corp               296               348 -15%               356               326 9%             313             272 15%
Hasbro               296               350 -15%                 68                 87 -22%              (88)               71 -224%
Huntington Ingalls Industries               295               220 34%               262               218 20%             195             147 33%
Hilton Worldwide               293               256 14%               298               250 19%             221               66 235%
Zions Bancorp               292               243 20%               253               248 2%             308             184 67%
Genuine Parts               292               246 19%               300               297 1%             229             244 -6%
CarMax               289               290 0%               320               338 -5%             210             242 -13%
Fidelity National Financial               288               245 18%               276               302 -9%             129             129 0%
BorgWarner               283               274 3%               315               297 6%             332             286 16%
Arch Capital Group Ltd               282               (37) NM               280               233 20%             188             302 -38%
TransDigm Group               282               247 14%               266               236 13%             247             215 15%
Yum China Holdings               279               272 3%               203               175 16%             403             300 34%
Mohawk Industries               278               372 -25%               316               344 -8%             257             269 -4%
Interactive Brokers Group               276               268 3%               271               204 33%             340             213 60%
Electronic Arts               276               (38) NM               319               749 -57%             754             716 5%
Quest Diagnostics               275               267 3%               275               301 -9%             241             253 -5%
Packaging Corp of America               274               217 26%               245               209 17%             187             179 4%
NetApp               272               145 88%               303               248 22%             485             183 165%
Tesla               271             (671) NM             (729)             (386) NM            (779)            (372) NM
Motorola Solutions               270               286 -6%               227               205 11%             140             120 17%
Clorox               268               279 -4%               306               295 4%             242             247 -2%
First Republic Bank               266               242 10%               252               220 15%             246             214 15%
Masco               262               264 -1%               312               262 19%             200             210 -5%
Fastenal               259               226 15%               266               235 13%             232             211 10%
Hormel Foods               258               278 -7%               297               316 -6%             305             355 -14%
Harris Corp               257               228 13%               251               234 7%             215             233 -8%
Entergy Corp               257               643 -60%               (32)                 76 -142%             180               94 91%
American Water Works               255               340 -25%               222               226 -2%             140             145 -3%
WEC Energy Group               251               345 -27%               282               315 -10%             479             570 -16%
NVR Inc               250               244 2%               242               209 16%             191             132 45%
Edwards Lifesciences               249               212 17%               251               206 22%             264             294 -10%
Arconic               249               172 45%               194               269 -28%             199             484 -59%
Kansas City Southern               247               212 17%               196               231 -15%             222             238 -7%
Ametek               245               204 20%               248               203 22%             236             191 24%
American Financial Group               244                 29 741%               260               205 27%             174             223 -22%
Check Point Software               243               237 3%               240               233 3%             228             221 3%
Agilent Technologies               242               193 25%               227               191 19%             233             193 21%
Brown Forman               242               229 6%               197               128 54%             289             258 12%
Cintas               241               219 10%               241               132 83%             175             178 -2%
Weyerhaeuser               240               103 133%               382                 58 559%             299             181 65%
CH Robinson Worldwide               239               184 30%               214               172 24%             181             179 1%
Xilinx               239               194 23%               213               171 25%             186             171 9%
Fleetcor Technologies               238               328 -27%               231               190 22%             229             167 37%
CDW Corp               238               207 15%               230               195 18%             166               75 121%
Conagra Brands               236               274 -14%               107                 93 15%             258             247 4%
Maxim Integrated Products               234               181 29%               224               196 14%             222             170 31%
Illumina               232               175 33%               232               141 65%             221             503 -56%
Salesforce.com               231                 63 267%               385               (10) NM               88              (23) NM
Universal Health Services               229               220 4%               302               294 3%             296             318 -7%
Old Dominion Freight Line               229               165 39%               221               160 38%             147             107 37%
L3 Technologies               226               192 18%               237               254 -7%             216             199 9%
Equity Residential               224               144 56%               118               204 -42%             221             150 47%
Sprint Corp               224                 50 348%               220               498 -56%            (349)            (134) NM
Whirlpool               223               268 -17%             (609)               212 -387%             109             198 -45%
Vornado Realty Trust               221                 38 482%               105               129 -19%                 2               60 -97%
Vulcan Materials               221               149 48%               200               157 27%               48               40 20%
Alliant Energy               220               198 11%               117               118 -1%             140             119 18%
Alexandria Real Estate Equities               219                 60 265%                 61                 41 49%             142               57 149%
Nordstrom               218               188 16%               125               103 21%             319             393 -19%
Wynn Resorts Ltd               216               106 104%               196               109 80%            (249)             135 -284%
WellCare Health Plans               215               235 -9%               230               115 100%             159             103 54%
Ralph Lauren               215               191 13%               133                 87 53%               25            (269) NM
Cerner               214               250 -14%               215               252 -15%             200             243 -18%
Nasdaq Inc               209               234 -11%               288               211 36%             239             215 11%
CenterPoint Energy               209               267 -22%               (88)               211 -142%             212             299 -29%
Martin Marietta Materials               209               204 2%               238               194 23%               12               57 -79%
Expeditors Intl Washington               208               190 9%               190               174 9%             198             149 33%
Waste Connections               203               188 8%               181               177 2%             157                (2) NM
PVH Corp               202               151 34%               216                 84 157%               25             125 -80%
CMS Energy               202               229 -12%               165               140 18%             281             295 -5%
Garmin Ltd               201               190 6%               236               234 1%             154               88 75%
Fidelity Natl Info Services               200               119 68%               269               283 -5%             224             209 7%
Live Nation Entertainment               200               174 15%                 95                 90 6%              (34)              (41) NM
Ball Corp               199                 55 262%               166               122 36%             152               84 81%
Jacobs Engineering Group               198               119 66%               193               127 52%             122               60 103%
Macy's               197               168 17%               183               145 26%          1,151             728 58%
Campbell Soup               196               417 -53%             (517)               270 -291%             211             177 19%
Ulta Beauty               195               180 8%               211               189 12%             255             224 14%
Keurig Dr Pepper               194               163 19%                 99                 89 11%             140               88 59%
Dover               193               207 -7%               211               198 7%             161             232 -31%
Verisk Analytics               193               181 7%               185               170 9%             162             161 1%
AvalonBay Community               192               238 -19%               255               165 55%             142             236 -40%
Mylan NV               192               180 7%                 19               325 -94%               11               72 -85%
MGM Resorts Intl               190               290 -34%               164               315 -48%             181             315 -43%
McCormick & Co               190               133 43%               149               119 25%             143             120 19%
Arista Networks               189               142 33%               163               117 39%             143               74 93%
Total Systems Services               187               179 4%               180               173 4%             161             150 7%
Church & Dwight               187               187 0%               155               117 32%             201             190 6%
Tiffany               182               173 6%               191               136 40%             301             247 22%
LKQ Corp               181               181 0%               219               227 -4%             202             213 -5%
Global Payments               180               134 34%               146                 85 72%             122               65 88%
Verisign               178               150 19%               165               160 3%             152             148 3%
Discovery Inc               178               164 9%               367               473 -22%              (17)             276 -106%
Allergan plc               177          (5,587) NM             (475)          (1,297) NM            (966)         (3,093) NM
Albemarle               177               149 19%               391               137 185%             159               75 112%
Darden Restaurants               176               160 10%               217               159 36%             116             220 -47%
JM Smucker               173               189 -8%               264               162 63%             116             198 -41%
Autoliv               171               151 13%               210               201 4%             197             194 2%
WW Grainger               171               250 -32%               323               207 56%             307             271 13%
Crown Castle               169               118 43%               185               117 58%             118             123 -4%
Waters Corp               169               154 10%               175               148 18%             141             113 25%
Jazz Pharmaceuticals               169                 65 160%               129               141 -9%               65             116 -44%
DaVita               167               289 -42%               320               288 11%             302             776 -61%
JB Hunt Transport Services               165               157 5%               205               156 31%             160             143 12%
Avangrid               163               132 23%               137               164 -16%             310             342 -9%
Xylem               161               131 23%               150               121 24%               95               70 36%
Mettler-Toledo               160               140 14%               144               127 13%             117             114 3%
Citrix Systems               159               134 19%               131               114 15%             151             120 26%
F5 Networks               159               154 3%               154               142 8%             146             140 4%
SEI Investments               158               141 12%               154               135 14%             159             129 23%
Nielsen Holdings               157               242 -35%               120               224 -46%             114             116 -2%
XPO Logistics               156               101 54%               213                 85 151%               79               15 427%
Henry Schein               156               210 -26%               194               208 -7%             196             189 4%
Zimmer Biomet               154               127 21%               218               196 11%             223             265 -16%
IAC/Interactive               153               (54) NM               312                 61 411%               59                 5 1080%
Juniper Networks               152               226 -33%               151               245 -38%               41             141 -71%
Michael Kors               152               239 -36%               206               150 37%               74              (41) NM
Boston Properties               150               148 1%               161               167 -4%             216             116 86%
Tractor Supply               149               145 3%               268               255 5%               90               93 -3%
CA Technologies               148               258 -43%                 82               238 -66%             243             198 23%
MSCI Inc               147               121 21%               156               118 32%             139             102 36%
Advance Auto Parts               147               144 2%               157               136 15%             181             166 9%
Lamb-Weston               146               132 11%               131               120 9%             167             132 27%
Tapestry               145               (42) NM               173               179 -3%             142             147 -3%
Equinix               143                 82 74%                 74                 55 35%               80               55 45%
Extra Space Storage               142               104 37%               105                 97 8%               97               93 4%
Varian Medical               142               105 35%                 92                 89 3%               96               90 7%
Resmed               139               108 29%               141               122 16%             130             108 20%
Vertex Pharmaceutical               137             (417) NM               217                 36 503%             215             254 -15%
Red Hat               135               132 2%               111                 87 28%             142               92 54%
Idex Corp               133               114 17%               137               113 21%             130             104 25%
CoPart               133               106 25%               171               131 31%             144             100 44%
A.O. Smith               132               132 0%               146               128 14%             125             120 4%
Altice USA               130             (334) NM             (104)             (732) NM            (190)            (122) NM
L Brands               129               217 -41%                 58               118 -51%             842             893 -6%
IPG Photonics               128               161 -20%               164               142 15%             142             101 41%
Align Technologies               125               101 24%               114                 85 34%               99               62 60%
Match Group               122                 62 97%               143                 54 165%               87               34 156%
Activision Blizzard               121               220 -45%               408               293 39%             567             453 25%
SS&C Technologies               118                 75 57%             (164)                 62 -365%               62               58 7%
Cboe Global Markets               116               106 9%               120               106 13%             159               18 783%
Advanced Micro Devices               114                 83 37%               122               (39) NM               89              (28) NM
Keysight Technologies               113               (25) NM                 83                 22 277%              (23)             152 -115%
AmerisourceBergen               112             (172) NM               345               133 159%             361             593 -39%
IHS Markit Ltd               111               110 1%               126                 98 29%               94               62 52%
Akamai Technologies               111                 92 21%                 52                 86 -40%               68             105 -35%
FMC Corp               110                 59 86%               140                 52 169%             332               54 515%
Idexx Labs               109                 92 18%               137               115 19%             104               85 22%
Jack Henry & Associates               104                 97 7%               108                 99 9%               96               88 9%
Pentair plc               102                 83 23%                 99                   2 4850%             132             104 27%
Intl Flavors & Fragrances               101               141 -28%               122               142 -14%             159             138 15%
Cadence Design Systems               100                 87 15%                 90                 77 17%               78               74 5%
Realty Income Corp                 99                 88 13%                 97                 81 20%               83               89 -7%
Domino's Pizza                 99                 85 16%                 91                 89 2%             104               91 14%
HCP Inc                 98               (11) NM                 88                 19 363%               38             458 -92%
Ventas                 96               149 -36%               133               150 -11%               77             153 -50%
Heico                 96                 74 30%                 86                 75 15%               75               63 19%
Ansys                 95               108 -12%               110               100 10%               97               86 13%
Steris plc                 95                 87 9%                 83                 74 12%             102               47 117%
Digital Realty Trust                 93                 15 520%                 88                 80 10%             113               87 30%
Arthur J Gallagher & Co                 90                 77 17%               104                 54 93%             242             200 21%
Cooper Cos                 90               108 -17%                 54               110 -51%               75               80 -6%
Rollins Inc                 90                 83 8%                 90                 86 5%               59               57 4%
Broadridge Financial                 89                 74 20%               258               285 -9%             125             106 18%
Qurate Retail                 88                 45 96%               223               250 -11%             285             272 5%
Twitter                 87               (18) NM                 66             (113) NM               64              (58) NM
Essex Property Trust                 86                 85 1%               106                 76 39%               97             188 -48%
W.P. Carey Inc                 84                 85 -1%                 86                 69 25%               62               59 5%
CF Industries                 83             (115) NM               218                 29 652%             105              (22) NM
TransUnion                 79               104 -24%                 73                 92 -21%             103               76 36%
Burlington Stores                 79                 63 25%               100                 75 33%             223             191 17%
Liberty Broadband                 77               (17) NM                 15                 (6) NM              (20)              (23) NM
CoStar Group                 73                 55 33%                 46                 26 77%               56               35 60%
Synopsys                 72               113 -36%               119                 62 92%             120             108 11%
Fortinet                 71                 38 87%                 51                 33 55%               37                 8 363%
Hologic                 71                 72 -1%               105                 75 40%            (691)             968 -171%
Regency Centers                 71                 64 11%                 49                 50 -2%               53              (21) NM
Thomson Reuters                 70               143 -51%               139                 62 124%             199             156 28%
Atmos Energy                 64                 55 16%                 98               112 -13%             241             259 -7%
Welltower                 61                 85 -28%               167               203 -18%             117               97 21%
Chipotle Mexican Grill                 60                 32 88%                 70               108 -35%               94               74 27%
Veeva Systems                 56                 41 37%                 46                 39 18%               38               32 19%
Mid America Apartment Comm                 55               119 -54%                 63                 51 24%               51               44 16%
Teleflex                 55                 89 -38%                   7                 90 -92%               61               38 61%
Black Knight                 54                 53 2%                 47                 38 24%               55               40 38%
IQVIA Holdings                 53                 90 -41%                 92                 52 77%               92             126 -27%
Abiomed                 52                 32 63%                 48                 34 41%               49               29 69%
Duke Realty                 52                 42 24%               193               125 54%               84               68 24%
Dexcom                 45                 (3) NM                 30               (14) NM              (24)              (40) NM
Equifax                 39               136 -71%               169               243 -30%             123             196 -37%
Gartner                 38               (62) NM                 75             (143) NM              (43)               48 -190%
Willis Towers Watson                 36               (35) NM                 74                 49 51%             264             398 -34%
Dentsply Sirona                 32                 98 -67%          (1,162)          (1,065) NM               95               77 23%
Incyte Corp                 31                 43 -28%                 54                 (9) NM              (40)            (198) NM
Take-Two Interactive                 31               (14) NM                 77                 47 64%               91             111 -18%
Symantec                 28               (69) NM               (73)             (134) NM              (61)            (248) NM
Centene                 24               326 -93%               474               421 13%             513             219 134%
Square Inc                 21               (17) NM                 (5)               (15) NM              (24)              (15) NM
UDR Inc                 20                 18 11%                 23                 11 109%               89               28 218%
SBA Communications                 14                 53 -74%               (76)                 13 -685%               40               41 -2%
GoDaddy                 13                   4 225%                 19                 19 0%                 4                (2) NM
Palo Alto Networks                   8               (31) NM               (50)               (53) NM              (33)              (58) NM
ServiceNow                   7               (20) NM               (41)               (58) NM                (7)              (23) NM
UGI Corp                   5               (34)  NM                  (1)               (79) NM             521             437 19%
Invitation Homes                   1               (23) NM               (14)                   6 -333%              (18)              (42) NM
PTC Inc                   1                   5 -80%                 10                   1 900%               12                (1) NM
Worldpay                 (1)               152 NM                 11               121 -91%            (112)               41 -373%
Dropbox                 (6)               (14) NM                 (3)               (26) NM            (464)              (33) NM
Biomarin Pharmaceuticals               (19)               (21) NM               (29)               (46) NM              (51)              (24) NM
Tilray Inc               (19)                 (2) NM               (13)                 (2) NM                (5)                (1) NM
Marvell Technology               (23)               132 NM               132               105 26%               59                 5 1080%
AutoDesk               (23)             (126) NM               (64)             (121) NM            (198)            (168) NM
Microchip Technology               (39)               186 NM                 38               166 -77%             188               72 161%
Intuit               (74)               (10) NM            1,617            1,439 12%               19               10 90%
Perrigo Co plc               (79)               129 NM                 55               (76) NM             111               96 16%
Workday               (87)               (81) NM               (75)               (62) NM              (88)              (91) NM
Nektar Therapeutics               (97)                 61 NM               975               (60) NM              (96)              (64) NM
Splunk             (103)               (78) NM             (120)             (114) NM              (25)              (72) NM
Liberty Global plc             (115)             (500) NM               576             (693) NM            (413)            (154) NM
Vail Resorts             (131)               (96) NM               344               298 15%             252             245 3%
Newmont Mining             (137)               279 NM               298               332 -10%             274             192 43%
Atlassian Corp             (240)               (20) NM               (22)               (32) NM                (8)              (23) NM
Snap             (325)             (455) NM             (352)             (443) NM            (384)         (2,212) NM
Unum Group             (378)               367 NM               355               362 -2%             341             330 3%
Icahn Enterprises LP             (381)               818 NM               421            1,670 -75%             479            (134) NM
AXA Equitable Holdings             (618)                 47 NM               314               614 -49%             370            (167) NM
QUALCOMM             (775)               434 NM               956               858 11%             358             857 -58%
American International Group          (1,527)          (2,803) NM            1,252            1,667 -25%          1,227          1,727 -29%
DuPont          (4,948)             (688) NM               655               806 -19%            (189)          1,375 -114%
Newell Brands          (8,013)               (20) NM               (23)               (55) NM                 2             790 -100%
General Electric        (22,736)               746 NM            1,331            1,127 18%             413              (53) NM
Total all 512 US Cos        366,777        348,455 5.3%        368,884        340,103 8.5%      360,672      326,772 10.4%
US Oil & Gas Companies 
Exxon Mobil            9,080            5,583 63%            6,512            4,156 57%          7,240          5,918 22%
Chevron            5,699            2,658 114%            4,905            1,953 151%          5,073          3,129 62%
ConocoPhillips            2,906               653 345%            2,619          (4,361) NM          1,776            (232) NM
Occidental Petroleum            2,492               215 1059%            1,150               792 45%          1,047             195 437%
Phillips 66            1,975            1,256 57%            1,835               797 130%             717             797 -10%
EOG Resources            1,446               146 890%               893                 62 1340%             813               39 1985%
Enterprise Products Partners LP            1,346               627 115%               706               675 5%             917             777 18%
Energy Transfer Equity LP            1,341               584 130%               727               347 110%             716             368 95%
Energy Transfer Partners LP            1,297               603 115%               671               375 79%             839             448 87%
Kinder Morgan            1,201               547 120%             (176)               599 -129%             706             691 2%
Marathon Petroleum Corp            1,163            1,419 -18%            1,516               824 84%             257             142 81%
Valero Energy            1,150            1,241 -7%            1,124               768 46%             731             433 69%
Schlumberger Ltd               787               677 16%               547                 17 3118%             643             334 93%
Plains All America               700               (11) NM                 84               199 -58%             349             510 -32%
Anadarko Petroleum               683          (1,066) NM               142             (372) NM             300            (178) NM
Magellan Midstream Partners LP               596               199 199%               211               216 -2%             212             224 -5%
Halliburton               534               496 8%               633                 (1) NM             189              (57) NM
Pioneer Natural Resources               529               (34) NM                 82               354 -77%             228              (73) NM
MPLX LP               519               218 138%               457               193 137%             427             187 128%
HollyFrontier               478               446 7%               480               106 353%             374              (55) NM
ONEOK               417               264 58%               370               220 68%             342             241 42%
Continental Resources               412                 17 2324%               318             (101) NM             305                 6 4983%
Apache Corp               406                 93 337%               508                   9 5544%             388             538 -28%
Williams Companies               390               149 162%               321               258 24%             325             606 -46%
Spectra Energy Partners               380               475 -20%               398               372 7%             423             359 18%
Marathon Oil               357             (458) NM               140             (112) NM             524              (16) NM
Noble Energy               307             (208) NM                 10          (2,334) NM             543               59 820%
Cheniere Energy Partners LP               307                 23 1235%               281                 46 511%             335               47 613%
Cheniere Energy Inc               230                 88 161%               147                 22 568%             615             172 258%
Hess Corp               218          (2,567) NM                 27             (425) NM                 8            (309) NM
Diamondback Energy               202                 83 143%               295               166 78%             225             143 57%
Andeavor Logistics LP               166                 90 84%               148               111 33%             139               92 51%
Cabot Oil & Gas               162                 25 548%                 55                 37 49%             157             169 -7%
Devon Energy               162               207 -22%             (481)               207 -332%            (181)             325 -156%
Baker Hughes GE               148             (243) NM                 24               (30) NM            (105)               74 -242%
National Oilwell Varco                 33               (40) NM                 30               (91) NM              (63)            (133) NM
EQT Corp                   1                 94 -99%                 35               152 -77%         (1,784)             351 -608%
Targa Resources               (15)             (253) NM               154               (35) 540%               48              (39) NM
Concho Resources             (268)             (179) NM               177               245 -28%          1,089          1,021 7%
Total all 39 Oil & Gas Cos          39,937          14,117 183%          28,075            6,416 338%        26,887        17,303 55%
Berkshire Hathaway          23,147            5,630 311%          15,098            6,129 146%         (1,523)          5,688 -127%