Friday, July 31, 2020

Freddie Mac's Pretax Losses Improved By $56.2 Bil During the Obama/Biden Administration. The Other Northern Virginia Companies Also Showed Substantial Earnings Improvement on the Audited Annual Pretax Earnings Growth Front During Obama/Biden's Eight Years in Office (Up an Off-the-Charts 447% Per Year), Much Better Than They Did During Trump/Pence's First Three Years in Office (Up 5.4% Per Year).

From a review of SEC filings and Google Finance, there were 20 Northern Virginia Companies with stock market caps of above $1 bil recently and which reported Pretax Income (Loss) From Continuing Operations in their annual financial statement earnings information filed with the SEC for each of the most recent twelve years (Fiscal Years from 2008-2019).    I excluded Companies which had a separation and thus their earnings numbers were not comparable among years.   

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 20 Northern Virginia Companies for fiscal year end 2019, the last year of the Donald Trump/Mike Pence's first three full years in office so far,  for fiscal year end 2016, the year before the start of the Donald Trump/Mike Pence Administration as well as also the last year of the Barack Obama/Joe Biden Administration, and for fiscal year end 2008, the year before the start of the Barack Obama/Joe Biden Administration.


Annual Audited Audited Audited
Audited Pretax Pretax Pretax
Fincl Income Income Income
Sts (Loss) (Loss) (Loss)
Northern Virginia Companies City State FYE FYE FYE FYE
Stock Market Caps Above $1 Bil HQs HQs 2019 2019 2016 2008
 $ mils  $ mils  $ mils
Freddie Mac McLean VA Dec 19             9,049           11,639         (44,564)
Capital One Financial McLean VA Dec 19             6,874             5,484                582
General Dynamics Falls Church VA Dec 19             4,202             3,656             3,604
Northop Grumman Falls Church VA Dec 19             2,548             2,681              (520)
NVR Inc Reston VA Dec 19             1,026                662                167
AES Corp Arlington VA Dec 19             1,001                187             2,667
AvalonBay Community Arlington VA Dec 19                799             1,034                  99
Verisign Reston VA Dec 19                759                581                  23
Booz Allen Hamilton McLean VA Mar 20                579                426              (515)
Tegna McLean VA Dec 19                376                449           (7,265)
CACI Intl Arlington VA Jun 19                328                224                129
Maximus Reston VA Sep 19                317                286                  48
Mantech Intl Fairfax VA Dec 19                136                  90                150
Strategic Education Herndon VA Dec 19                124                  57                131
ePLUS Herndon VA Mar 20                  96                  86                  22
ICF Intl Fairfax VA Dec 19                  90                  75                  49
K12 Inc Herndon VA Jun 19                  48                  13                  13
MicroStrategy Inc Tysons Corner VA Dec 19                  38                115                  71
Beacon Roofing Supply Herndon VA Sep 19                (11)                147                  69
Iridium Communications McLean VA Dec 19              (218)                178                    3
Total all 19 Northern Virginia Cos … No Freddie Mac           19,112           16,431              (473)
….. % Increase 3 Years 2017-2019 16%
….. Average Annual % Increase 3 Years 2017-2019 5.4%  Per Year 
….. % Increase 8 Years 2009-2016 3574%
….. Average Annual % Increase 8 Years 2009-2016 447%  Per Year 



Thursday, July 30, 2020

Ohio Companies Performed Much Better on the Annual Audited Pretax Earnings Growth Front During Obama/Biden's Eight Years in Office (+13.5% Per Year) Than They Did During Trump/Pence's First Three Years in Office (+2.4% Per Year)

From a review of SEC filings and Google Finance, there were 56 Ohio Companies with stock market caps of above $1 bil recently and which reported Pretax Income (Loss) From Continuing Operations in their annual financial statement earnings information filed with the SEC for each of the most recent twelve years (Fiscal Years from 2008-2019).  I included Companies which have been headquartered in Ohio for at least 6 of these 12 years.  I excluded one Company which had a separation and thus its earnings numbers were not comparable among years.   

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 56 Ohio Companies for fiscal year end 2019, the last year of the Donald Trump/Mike Pence's first three full years in office so far,  for fiscal year end 2016, the year before the start of the Donald Trump/Mike Pence Administration as well as also the last year of the Barack Obama/Joe Biden Administration, and for fiscal year end 2008, the year before the start of the Barack Obama/Joe Biden Administration.


Annual Audited Audited Audited
Audited Pretax Pretax Pretax
Fincl Income Income Income
Sts (Loss) (Loss) (Loss)
Ohio Companies City State FYE FYE FYE FYE
Stock Market Caps Above $1 Bil HQs HQs 2019 2019 2016 2008
 $ mils  $ mils  $ mils
Procter & Gamble Cincinnati OH Jun 19             6,069           13,369           14,885
Progressive Corp Mayfield Village OH Dec 19             5,160             1,471              (222)
Marathon Petroleum Corp Findlay OH Dec 19             4,329             1,822             1,885
Fifth Third Bancorp Cincinnati OH Dec 19             3,202             2,208           (2,664)
Eaton Corp plc Cleveland OH Dec 19             2,591             2,118             1,140
Cincinnati Financial Fairfield OH Dec 19             2,472                812                540
KeyCorp Cleveland OH Dec 19             2,022                968              (850)
Sherwin-Williams Cleveland OH Dec 19             1,982             1,595                714
Kroger Co Cincinnati OH Jan 20             1,981             2,914             1,967
Parker Hannifin Cleveland OH Jun 19             1,933             1,115             1,335
American Electric Power Columbus OH Dec 19             1,835                476             2,015
Cardinal Health Dublin OH Jun 19             1,751             2,276             1,295
Huntington Bancorp Columbus OH Dec 19             1,659                920              (296)
Welltower Toledo OH Dec 19             1,333             1,063                130
FirstEnergy Akron OH Dec 19             1,117             1,078             2,116
American Financial Group Cincinnati OH Dec 19             1,108                787                316
TransDigm Group Cleveland OH Sep 19             1,063                768                207
Cintas Cincinnati OH May 20             1,058                687                362
JM Smucker Orrville OH Apr 20             1,027                878                396
Macy's Cincinnati OH Jan 20                728                965           (4,938)
Mettler-Toledo Columbus OH Dec 19                681                504                266
Owens-Corning Toledo OH Dec 19                590                590                118
Scott's Miracle Gro Marysville OH Sep 19                582                384                  58
Steris plc Mentor OH Mar 20                499                185                166
Nordson Westlake OH Oct 19                431                368                180
RPM International Medina OH May 20                408                244                181
Lincoln Electric Holdings Cleveland OH Dec 19                368                277                300
Big Lots Columbus OH Jan 20                318                244                250
Cleveland-Cliffs Cleveland OH Dec 19                312                110                716
Chemed Cincinnati OH Dec 19                262                177                115
Greif Delaware OH Oct 19                262                141                324
First Financial Bancorp Cincinnati OH Dec 19                243                131                  33
Cedar Fair LP Sandusky OH Dec 19                215                249                    5
Lancaster Colony Westerville OH Jun 19                196                185                  76
Applied Inmdustrial Technologies Cleveland OH Jun 19                194                  79                152
Goodyear Tire & Rubber Akron OH Dec 19                177             1,207                186
Wendy's Dublin OH Dec 19                171                202              (581)
Dana Inc Maumee OH Dec 19                171                215              (521)
M/I Homes Columbus OH Dec 19                166                  92              (215)
Park National Newark OH Dec 19                125                123                  36
Worthington Industries Columbus OH May 20                111                297              (141)
Cooper Tire & Rubber Findlay OH Dec 19                110                367              (258)
PolyOne Avon Lake OH Dec 19                109                227              (176)
TFS Financial Cleveland OH Sep 19                102                122                  82
Site Centers Beachwood OH Dec 19                102                  63                (58)
CBIZ Cleveland OH Dec 19                  93                  67                  52
Air Transport Services Group Wilmington OH Dec 19                  72                  34                (57)
AK Steel West Chester OH Dec 19                  69                  32                  (6)
Materion Mayfield Heights OH Dec 19                  62                  25                  26
Chart Industries Garfield Heights, OH / Ball Ground, GA OH Dec 19                  53                  24                110
Ferro Corp Mayfield Heights OH Dec 19                  44                  62                (56)
Teradata Dayton. OH / San Diego, CA OH Dec 19                (13)                221                338
AtriCure Mason OH Dec 19                (35)                (33)                (10)
Advanced Drainage Systems Hilliard OH Mar 20              (180)                  65                  16
L Brands Columbus OH Jan 20              (181)             1,696                449
O-I Glass Perrysburg OH Dec 19              (261)                356                440
Total all 56 Ohio Companies           51,048           47,622           22,929
….. % Increase 3 Years 2017-2019 7%
….. Average Annual % Increase 2017-2019 2.4%  Per Year 
….. % Increase 8 Years 2009-2016 108%
….. Average Annual % Increase 8 Years 2009-2016 13.5%  Per Year