Thursday, June 18, 2020

The 26 Largest Tennessee Companies 1Q of 2020 Total Pretax Earnings Drop Sharply By 47% From the 1Q of 2019

From a review of Company SEC filings and the Google Finance website, I found 26 Tennessee Companies with stock market caps of above $1 Bil recently.  

The table below shows the US GAAP Pretax Income (Loss) From Continuing Operations for the first quarter of both 2020 and 2019 for each of these 26 Tennessee Companies.


US US
GAAP GAAP
Pretax Pretax
Income Income
(Loss) (Loss) Better
First First (Worse)
Quarter Quarter %
Tennessee Largest Companies 2020 2019  Change
Market Caps Above $1 Bil City HQs mils $ mils $
Dollar General Goodlettsville                836                486
HCA Healthcare Nashville                810             1,460
Autozone Memphis                444                504
FedEx Memphis                420                931
Eastman Chemical Kingsport                316                264
Unum Group Chattanooga                202                353
Tractor Supply Brentwood                107                  98
National Health Investors Murfreesboro                  61                  36
Mueller Industries Collierville                  54                  42
Louisiana-Pacific Nashville                  42                  34
Acadia Healthcare Franklin                  40                  37
Mid America Apartment Communities Germantown                  38                  66
CoreCivic Brentwood                  37                  52
Pinnacle Financial Partners Nashville                  27                117
First Horizon National Memphis                  21                130
frontdoor inc Memphis                  17                  18
Astec Industries Chattanooga                  15                  18
Forward Air Corp Greeneville                  11                  24
Healthcare Realty Trust Nashville                    4                    5
ServiceMaster Global Memphis                  (1)                  56
Wright Medical Group NV Memphis                  (9)                (27)
International Paper Memphis                (16)                418
Ryman Hospitality Properties Nashville                (24)                  25
Cracker Barrel Lebanon                (84)                  61
Smile Direct Club Nashville              (105)                (20)
Delek US Holdings Brentwood              (390)                200
Total all 26 Tennessee Companies             2,873             5,388 -47%

US Presidential candidate Joe Biden and Barack Obama are holding a joint virtual grassroots fundraiser on Tuesday June 23, 2020 at 5:15 PM Eastern time.