Freeport McMoran's Pretax Losses Were Reduced By $9.8 Bil During the Obama/Biden Administration. The Other Arizona 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 237% Per Year), Much Better Than They Did During Trump/Pence's First Three Years in Office (Up 4% Per Year).

From a review of SEC filings and Google Finance, there were 21 Arizona Companies with stock market caps recently of above $1 bil 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 only included Companies which were headquartered in Arizona for at least 6 of these 12 years.

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 21 Arizona 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
			Financial	Income	Income	Income
			Sts	(Loss)	(Loss)	(Loss)
Arizona Companies	City	State	FYE	FYE	FYE	FYE
Stock Market Caps Above $1 Bil	HQs	HQs	2019	2019	2016	2008
				$ mils	$ mils	$ mils
Republic Services	Phoenix	AZ	Dec 19	1,296	966	159
Western Alliance Bancorp	Phoenix	AZ	Dec 19	604	361	(290)
Pinnacle West Capital	Phoenix	AZ	Dec 19	542	698	279
Knight-Swift Transportation	Phoenix	AZ	Dec 19	414	215	(135)
Taylor Morrison Home	Scottsdale	AZ	Dec 19	322	314	(440)
Grand Canyon Education	Phoenix	AZ	Dec 19	318	236	11
Meritage Homes	Scottsdale	AZ	Dec 19	303	218	(276)
ON Semiconductor	Phoenix	AZ	Dec 19	277	181	(389)
Avnet	Phoenix	AZ	June 19	242	671	709
Insight Enterprises	Tempe	AZ	Dec 19	212	139	(326)
Sprouts Farmers Market	Phoenix	AZ	Dec 19	196	199	6
Amkor Technology	Tempe	AZ	Dec 19	160	215	(426)
Microchip Technology	Chandler	AZ	Mar 20	150	90	237
Mobile Mini	Phoenix	AZ	Dec 19	112	69	57
Cavco Industries	Phoenix	AZ	Mar 20	93	55	0
Magellan Health	Phoenix	AZ	Dec 19	81	146	140
Healthcare Trust of America	Scottsdale	AZ	Dec 19	31	47	(29)
Axon Enterprises	Scottsdale	AZ	Dec 19	2	31	7
First Solar	Tempe	AZ	Dec 19	(120)	(300)	464
VEREIT	Phoenix	AZ	Dec 19	(303)	(205)	0
Total all 20 Arizona Cos				4,932	4,346	(242)
….. % Increase 3 Years 2017-2019				13%
….. Average Annual % Increase 2017-2019				4%	Per Year
….. % Increase 8 Years 2009-2016					1898%
….. Average Annual % Increase 8 Years 2009-2016					237%	Per Year
Freeport McMoran	Phoenix	AZ	Dec 19	306	(3,472)	(13,309)