Wednesday, August 19, 2020

Chicago Area Companies Performed Substantially Better on the Audited Annual Pretax Earnings Growth Front During the Obama Administration's Eight Years in Office (2009-2016) ..... Up a Blistering 38% Per Year ..... Than They Performed During the Trump Administration's First Three Full Years in Office (2017-2019) ..... Up a Very Modest 0.5% Per Year

Since Barack Obama is making a Democratic National Convention presentation tonight, I decided to research how Chicago Area Companies performed on the Pretax Earnings front during the Obama Presidency. 

From a review of SEC filings and Google Finance, there were 66 Chicago Area Companies with stock market caps of above $1 bil in July 2020 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 (Years from 2008-2019).  I included Companies with HQs in the Chicago Area for at least 6 of these 12 years.    Also, I excluded Companies making separations which had resultant non-comparable earnings in 2008.   

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 66 Chicago Area Companies for fiscal year end 2019, the last year of the Trump Administration's first three full years in office so far,  for fiscal year end 2016, the year before the start of the Trump Administration as well as also the last year of the Obama Administration, and for fiscal year end 2008, the year before the start of the Obama Administration.
Average Average
    Annual  Annual 
Annual Audited Audited Audited % Change % Change
Audited Pretax Pretax Pretax During During
Chicago Fincl Income Income Income Trump Obama
Area Sts (Loss) (Loss) (Loss) Admin's Admin's
Chicago Area Companies City State 2019 FYE FYE FYE 3 Years 8 Years
Stock Market Caps Above $1 Bil HQs HQs FYE 2019 2016 2008 2017-19 2009-16
 $ mils  $ mils  $ mils
 
McDonalds Chicago IL Dec 19         8,018         6,866         6,158 6% 1%
Allstate Northbrook IL Dec 19         6,089         2,754        (3,025) 40% NM
Walgreen's Boots Alliance Deerfield IL Aug 19         4,527         5,144         3,430 -4% 6%
Exelon Chicago IL Dec 19         3,985         1,989         4,034 33% -6%
United Continental Holdings Chicago IL Dec 19         3,914         3,819        (5,427) 1% NM
Discover Financial Services Riverwoods IL Dec 19         3,835         3,656         1,658 2% 15%
Illinois Tool Works Glenview IL Dec 19         3,288         2,908         2,352 4% 3%
CME Group Chicago IL Dec 19         2,690         2,288         1,248 6% 10%
Northern Trust Chicago IL Dec 19         1,944         1,517         1,276 9% 2%
Old Republic Intl Chicago IL Dec 19         1,322            686           (819) 31% NM
CNA Financial Chicago IL Dec 19         1,223         1,137           (562) 3% NM
WW Grainger Lake Forest IL Dec 19         1,209         1,019            773 6% 4%
Equity Residential Chicago IL Dec 19         1,010         4,480             (40) -26% NM
Hyatt Hotels Chicago IL Dec 19         1,006            289            205 83% 5%
Motorola Solutions Chicago IL Dec 19         1,001            844        (2,853) 6% NM
CDW Corp Vernon Hills IL Dec 19            950            673        (1,777) 14% NM
Packaging Corp of America Lake Forest IL Dec 19            917            689            210 11% 29%
Ulta Beauty Bolingbrook IL Jan 20            906            656              42 13% 183%
LKQ Corp Chicago IL Dec 19            791            677            159 6% 41%
CF Industries Deerfield IL Dec 19            772           (226)         1,175 NM -15%
Jones Lang LaSalle Chicago IL Dec 19            698            464            115 17% 38%
Kemper Corp Chicago IL Dec 19            662                4             (90) 5483% NM
Arthur J Gallagher & Co Rolling Meadows IL Dec 19            626            334            164 29% 13%
Zebra Technologies Lincolnshire IL Dec 19            598           (129)             (12) NM NM
Ingredion Westchester IL Dec 19            582            742            405 -7% 10%
Fortune Brands Home&Security Deerfield IL Dec 19            575            582            635 0% -1%
Idex Corp Lake Forest IL Dec 19            533            369           (718) 15% NM
Cboe Global Markets Chicago IL Dec 19            501            307            193 21% 7%
Equity Commonwealth Chicago IL Dec 19            494            234              63 37% 34%
Brookfield Property REIT Chicago IL Dec 19            491         1,309             (59) -21% NM
Wintrust Financial Rosemont IL Dec 19            480            332              31 15% 121%
Middleby Elgin IL Dec 19            462            421            104 3% 38%
TransUnion Chicago IL Dec 19            441            205            210 38% 0%
Ventas Chicago IL Dec 19            383            621            161 -13% 36%
AptarGroup Crystal Lake IL Dec 19            342            280            227 7% 3%
Equity Lifestyle Properties Chicago IL Dec 19            296            187              39 19% 47%
Anixter Intl Glenview IL Dec 19            293            198            306 16% -4%
First Midwest Bancorp Chicago IL Dec 19            266            139              36 30% 36%
Navistar Lisle IL Oct 19            262             (32)            191 NM -15%
First Industrial Realty Trust Chicago IL Dec 19            247            127           (162) 31% NM
Telephone and Data Systems Chicago IL Dec 19            211              92            152 43% -5%
Morningstar Chicago IL Dec 19            199            225            143 -4% 7%
United States Cellular Chicago IL Dec 19            185              82              66 42% 3%
GATX Corp Chicago IL Dec 19            183            305            268 -13% 2%
Adtalem Global Education Chicago IL Jun 19            170            151            172 4% -2%
John Bean Technologies Chicago IL Dec 19            167              94              67 26% 5%
Littelfuse Chicago IL Dec 19            166            123              11 12% 127%
Methode Electronics Chicago IL Apr 20            149            116           (110) 9% NM
Hub Group Oak Brook IL Dec 19            144              94              96 18% 0%
Federal Signal Oak Brook IL Dec 19            139              57              23 48% 18%
Stepan Northfield IL Dec 19            126            122              55 1% 15%
Brunswick Mettawa IL Dec 19            111            389           (632) -24% NM
Tootsie Roll Industries Chicago IL Dec 19              85              98              56 -4% 9%
Cabot Microelectronics Aurora IL Sep 19              63              70              55 -3% 3%
John B Sanfilippo & Sons Elgin IL June 19              52              46               (7) 4% NM
Retail Properties of America Oak Brook IL Dec 19              32            167           (658) -27% NM
OneSpan Chicago IL Dec 19              15              11              29 12% -8%
R1 RCM Chicago IL Dec 19              10            298                4 -32% 919%
Univar Solutions Downers Grove IL Dec 19               (1)             (80)              11 NM -103%
Horizon Pharma plc Chicago IL Dec 19             (20)           (200)             (28) NM NM
Envestnet Chicago IL Dec 19             (48)             (40)              10 NM -63%
TreeHouse Foods Oak Brook IL Dec 19           (156)           (195)              39 NM -75%
Allscripts Healthcare Solutions Chicago IL Dec 19           (207)             (32)              44 NM -22%
Coeur Mining Chicago IL Dec 19           (358)             (11)             (26) NM NM
Stericycle Lake Forest IL Dec 19           (363)            328            239 -70% 5%
Boeing Chicago IL Dec 19        (2,259)         5,783         3,995 -46% 6%
Total all 66 Chicago Area Companies       57,424       56,652       14,130 0.5% 38%






Posted by at