Largest Ohio Companies Total Pretax Operating Earnings Were a Complete Disaster in 2019 With the Most Recent Four Quarters of 2019 Combined Down By 34% From the Prior Year. Total Operating Earnings Declined By 22% in the 4Q of 2019, By 42% in the Third Quarter of 2019 and By 85% in the Second Quarter of 2019. And There Will Also Be Severe Pressure on Operating Income in the Year 2020 Due To the Negative Economic Impact of the Coronavirus, Coupled With the Resultant Increased Asset Impairment Earnings Charges Especially in Ohio Which Has So Many Large Manufacturing Companies.

There were 20 Ohio Companies with stock market caps above $10 bil recently.  Nine of these Companies didn't disclose their Operating Income amount ..... five of these nine were Financial Companies and that makes sense, but four of them were Manufacturing Companies and that makes no sense to me unless you don't want to be transparent.  That leaves 11 Companies    

From a review of SEC filings, below are the Gold-Standard US GAAP Pretax Operating Income (Loss) From Continuing Operations for the remaining 11 largest  Ohio Companies in each of the four quarters of both 2019 and 2018.

		US	US			US	US			US	US			US	US
		GAAP	GAAP			GAAP	GAAP			GAAP	GAAP			GAAP	GAAP
		Pretax	Pretax			Pretax	Pretax			Pretax	Pretax			Pretax	Pretax
		Operating	Operating			Operating	Operating			Operating	Operating			Operating	Operating
		Income	Income			Income	Income			Income	Income			Income	Income
		(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)			(Loss)	(Loss)
		Dec	Dec			Sept	Sept			June	June			March	March
Ohio Largest Companies	Ohio	Quarter	Quarter			Quarter	Quarter			Quarter	Quarter			Quarter	Quarter
Market Caps Above $10 Bil	City HQs	2019	2018			2019	2018			2019	2018			2019	2018
		mils $	mils $			mils $	mils $			mils $	mils $			mils $	mils $
Procter & Gamble	Cincinnati	4,482	3,896			4,290	3,554			(5,192)	2,587			3,229	3,209
American Electric Power	Columbus	295	551			958	669			551	757			788	706
Cintas	Cincinnati	334	276			306	265			314	266			278	200
Kroger	Cincinnati	254	647			559	549			901	1,029			391	550
TransDigm Group	Cleveland	560	422			615	455			445	437			472	409
FirstEnergy	Akron	615	512			681	710			585	700			629	580
Marathon Petroleum Corp	Findlay	841	2,017			2,024	1,403			2,042	1,711			669	440
MPLX LP	Findlay	(346)	891			926	672			885	608			912	557
Cardinal Health	Dublin	334	504			(5,264)	816			307	(1,080)			432	546
Steris plc	Mentor	142	70			127	107			110	94			141	113
JM Smucker	Orrville	330	331			258	227			154	313			218	164
Total all 11 Largest Ohio Companies		7,841	10,117			5,480	9,427			1,102	7,422			8,159	7,474
….. % Change From Prior Year Quarter		-22%				-42%				-85%				9%
Total Operating Income
….. Four Quarters 2019 Combined		22,582
….. Four Quarters 2018 Combined		34,440
………. % Decline		-34%