The 13 Largest Arkansas Cos Saw Their Total Audited Annual Pretax Income Decline By 15% in 2018 and By 20% in 2017, After Increasing By 12% in 2016

Since Arkansas is one of the 12 Super Tuesday US States Holding Their 2020 Democratic Presidential Early Primary on March 3, 2020, I Think It Might Be Helpful to Research Just How Arkansas Companies Have Performed on the Audited Pretax Earnings Front in the Most Recent Three Years
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From a review of SEC filings, I found 12 Arkansas Companies with stock markets caps of above $1 Bil recently.  And I found one additional Arkansas Company filing with the SEC, whose common stock doesn't trade but with Total Equity of more than $1 Bil recently.

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 Years Ended 2018, 2017, 2016 and 2015 for these 13 Arkansas Companies.

			Most
			Recent	Audited	Audited	Audited	Audited		2018 vs	2017 vs	2016 vs
			Annual	Pretax	Pretax	Pretax	Pretax		2017	2016	2015
			Audited	Income	Income	Income	Income		Better	Better	Better
Arkansas Companies	Arkansas		Financial	(Loss)	(Loss)	(Loss)	(Loss)		(Worse)	(Worse)	(Worse)
Stock Market Caps > $1Bil or	City	State	Sts	FYE	FYE	FYE	FYE		%	%	%
Book Value Equity > $1 Bil	HQs	HQs	FYE	2018	2017	2016	2015		Change	Change	Change
				$ mils	$ mils	$ mils	$ mils
Walmart	Bentonville	AR	Jan 19	11,460	15,123	20,497	21,638		-24%	-26%	-5%
Tyson Foods	Springdale	AR	Sep 18	2,745	2,628	2,598	1,921
JB Hunt Transport Services	Lowell	AR	Dec 18	641	595	696	690
Bank OZK	Little Rock	AR	Dec 18	554	581	424	277
Murphy Oil	El Dorado	AR	Dec 18	432	72	(493)	(3,282)
Home Bancshares	Conway	AR	Dec 18	396	271	283	218
Murphy USA	El Dorado	AR	Dec 18	274	240	352	218
Simmons First National	Pine Bluff	AR	Dec 18	266	155	143	107
Dillards	Little Rock	AR	Jan 19	208	214	258	410
ArcBest	Fort Smith	AR	Dec 18	84	52	28	73
Uniti Group	Little Rock	AR	Dec 18	11	(48)	0	26
Acxiom Corp	Conway	AR	Mar 18	1	9	(20)	(41)
Energy Arkansas LLC	Little Rock	AR	Dec 18	(44)	234	275	115
Total all 13 Arkansas Cos				17,028	20,126	25,041	22,370		-15%	-20%	12%