Wednesday, July 22, 2020

Oregon Companies Performed Substantially Better on the Audited Pretax Earnings Growth Front During Obama/Biden's Last Three Years (Up a Very Impressive 13% Per Year) Than They Did During Trump/Pence's First Three Years (Down 8% Per Year)

From a review of SEC filings and Google Finance, there were 7 Oregon Companies with stock market caps very 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 seven years (Fiscal Years from 2013 to 2019).

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these seven fiscal years for each of these 7 largest Oregon Companies.


Most          
Recent Audited Audited Audited Audited Audited Audited Audited
Annual Pretax Pretax Pretax Pretax Pretax Pretax Pretax
    Audited Income Income Income Income Income Income Income
  Oregon Fincl (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
Oregon Companies City Sts FYE FYE FYE FYE FYE FYE FYE
Stock Market Caps Above $1 Bil HQs FYE 2019 2018 2017 2016 2015 2014 2013
   $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils
Nike  Beaverton  May 20       2,887       4,801       4,325       4,886       4,623       4,205       3,544
Umpqua Holdings  Portland  Dec 19          469          423          349          366          347          231          152
Columbia Sportswear  Portland  Dec 19          405          361          267          257          247          199          131
Lithia Motors  Medford  Dec 19          375          338          347          284          263          210          166
FLIR Systems  Wilsonville  Dec 19          242          307          279          276          305          250          229
Portland General Electric  Portland  Dec 19          241          229          273          243          217          235          125
Lattice Semiconductor  Hillsboro  Dec 19            45          (24)          (70)          (44)        (127)            43            26
Total all 7 Oregon Companies       4,664       6,435       5,770       6,268       5,875       5,373       4,373
Pretax Income % Change vs Preceding Year -28% 12% -8% 7% 9% 23%  
Average Annual Total Pretax Income % Change
… Trump-Pence's First Three Years (2017-2019) -8.0%
… Obama-Biden's Last Three Years (2014-2016) 13.0%