Wednesday, June 17, 2020

The 9 Largest Idaho Companies 1Q of 2020 Total Pretax Earnings Drop Very Sharply By 82% From the 1Q of 2019

From a review of Company SEC filings and the Google Finance website, I found 9 Idaho Companies with stock market caps or its equivalent of above $500 mil 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 9 Idaho Companies.


US US
GAAP GAAP
Pretax Pretax
Income Income
(Loss) (Loss) Better
First First (Worse)
Quarter Quarter %
Idaho Largest Companies 2020 2019  Change
Market Caps Above $500 Mil City HQs mils $ mils $
Micron Technology  Boise                 427             1,904
Lamb-Weston  Eagle                 137                167
Albertsons Companies Inc  Boise                   90                137
Idacorp  Boise                   41                  47
Boise Cascade  Boise                   16                  15
Pennant Group  Eagle                     4                    2
PetIQ  Eagle                   (4)                    3
Hecla Mining  Coeur D'Alene                 (18)                (33)
US Ecology  Boise               (298)                  11
Total all 9 Idaho Companies                395             2,253 -82%

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.