Monday, February 10, 2020

The 30 Dow Jones Industrials' Companies Total Audited Pretax Income Declined By 8% in Annual 2019 ..... And Bernie Sanders Continues To Constantly Spout Out That Dow Jones Companies Continue To Post Record Profits. The Only Two Top Democratic Presidential Candidates Who Are Aware of the Fact That Even Though the Dow Jones Stock Price Index Had a Huge Increase in 2019, Dow Jones Companies' Total Audited Profits Actually Declined in 2019 Are Pete Buttigieg and Michael Bloomberg. The Other Four Top Candidates Are Devoid of Financial Acumen.

From a review of SEC filings, below are the Gold-Standard US GAAP Audited Pretax Income (Loss) From Continuing Operations for the 30 Dow Jones Industrials' Companies for both Annual 2019 and Annual 2018.


US US
GAAP GAAP
Most Recent  Pretax Pretax
Year End Income Income
Audited (Loss) (Loss) %
Financial Annual Annual Better
Dow Jones Industrial Companies Statements 2019 2018 (Worse)
mils $ mils $
Apple Inc Sept 2019       65,737       72,903 -10%
JPMorgan Chase Dec 2019       44,545       40,764 9%
Microsoft June 2019       43,688       36,474 20%
Intel Dec 2019       24,058       23,317 3%
Verizon Dec 2019       22,733       19,623 16%
ExxonMobil Dec 2019       20,056       30,953 -35%
UnitedHealth Group Dec 2019       17,981       15,944 13%
Pfizer Dec 2019       17,682       11,885 49%
Johnson & Johnson Dec 2019       17,328       17,999 -4%
Visa Sept 2019       14,884       12,806 16%
Cisco Systems July 2019       14,571       13,039 12%
Home Depot Jan 2019       14,556       13,698 6%
Walt Disney Co Sept 2019       13,944       14,729 -5%
Merck Dec 2019       11,464         8,701 32%
Walmart Jan 2019       11,460       15,123 -24%
Coca-Cola Dec 2019       10,786         8,225 31%
Goldman Sachs Dec 2019       10,583       12,481 -15%
IBM Dec 2019       10,166       11,342 -10%
American Express Dec 2019         8,429         8,122 4%
United Technologies Dec 2019         8,243         8,280 0%
McDonald's Dec 2019         8,018         7,816 3%
Caterpillar Dec 2019         7,812         7,822 0%
Procter & Gamble Dec 2019         6,069       13,326 -54%
3M Dec 2019         5,712         7,000 -18%
Chevron Dec 2019         5,536       20,575 -73%
Nike May 2019         4,801         4,325 11%
Walgreens Boots Alliance Aug 2019         4,527         5,975 -24%
Travelers Companies Dec 2019         3,138         2,961 6%
Dow Inc Dec 2019        (1,247)         3,749 -133%
Boeing Dec 2019        (2,259)       11,604 -119%
Totals     445,001     481,561 -8%