Wednesday, May 15, 2019

99 Largest Chicago Area Cos Had a Very Modest Increase of 6% in Audited Total Pretax Income From 2016 to 2018, But a Very Robust Increase of 34% From 2014 to 2016, Obama's Last Two Years in Office

Democratic Presidential Candidate Pete Buttigieg Will Be Campaigning in the Chicago, Illinois Area on Thursday May 16, 2019.  Thus, I Think It Might Be Helpful to Research Just How Chicago Area Companies Have Performed on the Audited Pretax Earnings Front in the Most Recent Four Years
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From a review of SEC filings and Google Finance, I found 99 Chicago Area Companies with stock markets caps of above $1 bil sometime since the beginning of 2018 and which were effectively headquartered in the Chicago Area for the majority of the most recent four years.

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 SEC filings, the chart below shows the Audited Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the Fiscal Years Ended (FYEs) 2018, 2017, 2016, 2015 and 2014 for each of these 99 Chicago Area Companies.


Most
Recent Audited Audited Audited Audited Audited
Annual Pretax Pretax Pretax Pretax Pretax
Audited Income Income Income Income Income
Illinois Financial (Loss) (Loss) (Loss) (Loss) (Loss)
Chicago Area Companies City State Sts FYE FYE FYE FYE FYE
Stock Market Caps Above $1 Bil HQs HQs FYE 2018 2017 2016 2015 2014
 $ mils  $ mils  $ mils  $ mils  $ mils

McDonalds Chicago IL Dec 18       7,816       8,574       6,866       6,556       7,372
Walgreen's Boots Alliance Deerfield IL Aug 18       6,029       4,861       5,188       5,335       3,557
AbbVie North Chicago IL Dec 18       5,197       7,727       7,884       6,645       2,369
Mondelez Intl Deerfield IL Dec 18       4,168       3,508       1,759       7,884       2,554
Discover Financial Services Riverwoods IL Dec 18       3,597       3,537       3,656       3,612       3,694
Brookfield Property REIT Chicago IL Dec 18       3,570          656       1,309       1,355          405
Illinois Tool Works Glenview IL Dec 18       3,394       3,270       2,908       2,719       2,699
Abbott Labs Abbott Park IL Dec 18       2,873       2,231       1,413       3,183       2,518
CME Group Chicago IL Dec 18       2,778       2,526       2,288       1,957       1,771
Allstate Northbrook IL Dec 18       2,744       3,991       2,754       3,282       4,236
United Continental Holdings Chicago IL Dec 18       2,658       3,040       3,773       4,219       1,128
Exelon Chicago IL Dec 18       2,204       3,750       1,949       3,330       2,486
Archer Daniels Midland Chicago IL Dec 18       2,060       1,609       1,822       2,284       3,130
Northern Trust Chicago IL Dec 18       1,958       1,634       1,517       1,465       1,190
Baxter Intl Deerfield IL Dec 18       1,693       1,217       4,954          428          490
Motorola Solutions Chicago IL Dec 18       1,102       1,076          844          917     (1,161)
WW Grainger Lake Forest IL Dec 18       1,081          936       1,019       1,251       1,334
Conagra Brands Chicago IL May 18          972          801          175        (103)        (556)
Packaging Corp of America Lake Forest IL Dec 18          971          829          689          665          614
CNA Financial Chicago IL Dec 18          964       1,310       1,137          549       1,207
Hyatt Hotels Chicago IL Dec 18          951          722          282          194          525
Ulta Beauty Bolingbrook IL Jan 19          859          787          656          507          411
CDW Corp Vernon Hills IL Dec 18          841          661          673          647          388
Dover Downers Grove IL Dec 18          725          876          685          801       1,094
Jones Lang LaSalle Chicago IL Dec 18          706          536          464          579          486
Equity Residential Chicago IL Dec 18          685          628       4,480          908          657
LKQ Corp Chicago IL Dec 18          679          773          677          643          586
Ingredion Westchester IL Dec 18          621          769          742          599          520
Cboe Global Markets Chicago IL Dec 18          571          334          307          324          310
CF Industries Deerfield IL Dec 18          547        (125)        (226)       1,130       2,210
Fortune Brands Home&Security Deerfield IL Dec 18          537          635          582          460          392
Idex Corp Lake Forest IL Dec 18          529          455          369          392          392
Tribune Media Chicago IL Dec 18          526        (118)          434        (289)          761
Zebra Technologies Lincolnshire IL Dec 18          524            88        (129)        (180)            17
CDK Global Hoffman Estates IL Jun 18          512          435          369          300          353
US Foods Holding Rosemont IL Dec 18          496          404          131          192          (37)
Arthur J Gallagher & Co Rolling Meadows IL Dec 18          479          360          334          294          292
Wintrust Financial Rosemont IL Dec 18          460          390          332          252          246
Old Republic Intl Chicago IL Dec 18          438          725          686          632          609
Middleby Elgin IL Dec 18          424          384          421          281          281
Navistar Lisle IL Oct 18          420            64          (32)        (103)        (556)
Ventas Chicago IL Dec 18          376       1,301          621          350          351
TransUnion Chicago IL Dec 18          344          373          205            27            (2)
Brunswick Mettawa IL Dec 18          322          281          390          315          288
Equity Commonwealth Chicago IL Dec 18          276            30          234          102            24
AptarGroup Crystal Lake IL Dec 18          266          295          280          295          286
MB Financial Chicago IL Dec 18          252          289          253          232          123
GATX Corp Chicago IL Dec 18          245          258          353          316          281
Morningstar Chicago IL Dec 18          231          180          225          196          114
USG Corp Chicago IL Dec 18          227          335          274          236            33
Equity Lifestyle Properties Chicago IL Dec 18          226          210          187          151          138
Anixter Intl Glenview IL Dec 18          223          238          198          183          250
Univar Downers Grove IL Dec 18          222          169          (80)            27          (36)
Telephone and Data Systems Chicago IL Dec 18          221        (122)            92          435        (152)
United States Cellular Chicago IL Dec 18          215        (272)            82          404          (59)
Littelfuse Chicago IL Dec 18          205          204          123          107          132
Kemper Corp Chicago IL Dec 18          199          161              4          100          160
Adtalem Global Education Chicago IL Jun 18          199          131          151          154          179
First Midwest Bancorp Chicago IL Dec 18          197          188          139          120          100
Hill-Rom Holdings Chicago IL Sep 18          197          183          138            65          115
Tenneco Lake Forest IL Dec 18          174          336          411          441          398
First Industrial Realty Trust Chicago IL Dec 18          167          209          127            77            23
Atkore Intl Group Harvey IL Sep 18          166          126            87            (8)        (107)
Cabot Microelectronics Aurora IL Sep 18          162          109            70            71            69
ACCO Brands Lake Zurich IL Dec 18          158          158          125          131          137
Stepan Northfield IL Dec 18          140          139          114          103            76
John Bean Technologies Chicago IL Dec 18          129          132            94            82            45
Methode Electronics Chicago IL Apr 18          124          116          111          121            76
Hub Group Oak Brook IL Dec 18          117            67            94            86            60
Federal Signal Oak Brook IL Dec 18          112            61            57          100            83
Camping World Holdings Lincolnshire IL Dec 18            96          386          204          172          121
InvenTrust Properties Downers Grove IL Dec 18            84            59          119          (23)          249
GrubHub Chicago IL Dec 18            81            90            84            62            45
Retail Properties of America Oak Brook IL Dec 18            78          251          167          126            43
AAR Corp Wood Dale IL Dec 18            77            77            69        (103)            24
Enova Intl Chicago IL Dec 18            76            38            57            71          176
Career Education Schaumburg IL Dec 18            74            36          (31)          (94)        (139)
Tootsie Roll Industries Chicago IL Dec 18            73            85            98            93            91
Knowles Itasca IL Dec 18            61            19            28            21          133
CTS Corp Lisle IL Dec 18            58            40            57            12            39
Cars.com Chicago IL Dec 18            57          122          177          158  N/A 
Echo Global Logistics Chicago IL Dec 18            38              4              1            12            27
Huron Consulting Group Chicago IL Dec 18            25        (223)            59            84            80
Navigant Consulting Chicago IL Dec 18            24            19            32            30            29
Paylocity Schaumburg IL Jun 18            17              7            (4)          (14)            (7)
Allscripts Healthcare Solutions Chicago IL Dec 18            13        (190)          (32)              1          (68)
OneSpan Chicago IL Dec 18              4              8            11            51            38
Groupon Chicago IL Dec 18              1            36        (172)          (96)              5
Cision Ltd Chicago IL Dec 18            (5)        (134)        (154)          (94)        (140)
Envestnet Chicago IL Dec 18            (9)            (2)          (40)              9            23
Aptinyx Evanston IL Dec 18          (53)          (32)          (15)  N/A   N/A 
R1 RCM Chicago IL Dec 18          (57)          (27)          298        (136)        (128)
Coeur Mining Chicago IL Dec 18          (66)            40          (11)        (317)     (1,615)
Century Aluminum Chicago IL Dec 18          (66)            56        (250)          (50)          145
TreeHouse Foods Oak Brook IL Dec 18          (85)        (525)        (195)          171          137
Horizon Pharma plc Chicago IL Dec 18        (119)        (504)        (227)        (133)        (270)
Cushman & Wakefield plc Chicago IL Dec 18        (211)        (342)        (459)  N/A   N/A 
Stericycle Lake Forest IL Dec 18        (275)        (108)          328          411          488
Akorn Lake Forest IL Dec 18        (438)          (59)          271          232            25
Total all 99 Chicago Area Companies     76,004     71,978     71,770     71,771     53,710
Total Pretax Income: 99 Chicago Area Cos
….. 2018     76,004
….. 2016     71,770
………. Two Year Amount Increase       4,234
………. Two Year % Increase (Trump Years) 6%
Total Pretax Income: 99 Chicago Area Cos
….. 2016     71,770
….. 2014     53,710
………. Two Year Amount Increase     18,060
………. Two Year % Increase (Obama Years) 34%