Monday, August 10, 2020

Colorado Companies Performed Substantially Better on the Audited Annual Pretax Earnings Growth Front During Obama/Biden's Eight Years in Office (Up an Incredible 133% Per Year) Than They Did During Trump/Pence's First Three Full Years in Office (Up 1% Per Year). Yeah, Colorado Companies Had a Horrible Year in 2008, the Year Before Obama/Biden Took Office.

From a review of SEC filings and Google Finance, there were 31 Colorado Companies with stock market caps of above $1 bil recently 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 to 2019). 

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 31 Colorado 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.


Average Average
Annual Audited Audited Audited Annual  Annual 
Audited Pretax Pretax Pretax % Change % Change
Fincl Income Income Income During During
  Sts (Loss) (Loss) (Loss) Trump- Obama-
Colorado Companies City State 2019 FYE FYE FYE Pence Biden
Stock Market Caps Above $1 Bil HQs HQs FYE 2019 2016 2008 3 Years 8 Years
     $ mils  $ mils  $ mils 2017-19 2009-16
Newmont Corp Greenwood Village CO Dec 19         3,693           (220)         1,294 NM -15%
Dish Networks Englewood CO Dec 19         1,944         2,417         1,569 -7% 7%
Western Union Englewood CO Dec 19         1,321            342         1,239 95% -9%
DaVita Denver CO Dec 19         1,195         1,623            657 -9% 18%
Pilgrim's Pride Greeley CO Dec 19            618            724        (1,186) -5% NM
Ball Corp Broomfield CO Dec 19            608            125            443 129% -9%
Apartment Investment & Management Denver CO Dec 19            505            464           (175) 3% NM
Molson Coors Brewing Denver CO Dec 19            480         3,054         1,383 -28% 15%
Chipotle Mexican Grill Denver / Newport Beach, CA CO Dec 19            458              39            127 358% -9%
Vail Resorts Broomfield CO July 19            399            243            171 21% 5%
Woodward Fort Collins CO Sep 19            321            226            183 14% 3%
MDC Holdings Denver CO Dec 19            305            152           (382) 34% NM
UDR Inc Highlands Ranch CO Dec 19            203            332             (63) -13% NM
Innospec Englewood CO Dec 19            150            103              19 15% 55%
Crocs Niwot CO Dec 19            119               (7)           (190) NM NM
TTEC Holdings Englewood CO Dec 19            110              50            105 40% -7%
Royal Gold Inc Denver CO Jun 19            107             (22)              38 NM -20%
CSG Systems Intl Greenwood Village CO Dec 19            106            100              81 2% 3%
CoreSite Realty Denver CO Dec 19              99              82             (14) 7% NM
Summit Materials Denver CO Dec 19              78              41                0 30% NM
Advanced Energy Industries Fort Collins CO Dec 19              67            128                8 -16% 188%
DCP Midstream LP Denver CO Dec 19              20            140            179 -29% -3%
Mesa Laboratories Lakewood CO Mar 20                3              14                8 -26% 9%
PDC Energy Denver CO Dec 19             (60)           (393)            163 NM -43%
EchoStar Englewood CO Dec 19             (93)            217        (1,055) -48% NM
Arrow Electronics Centennial CO Dec 19           (112)            715           (597) -39% NM
Cimarex Energy Denver CO Dec 19           (151)           (623)        (1,452) NM NM
Antero Resources Denver CO Dec 19           (367)        (1,246)             (69) NM NM
Clovis Oncology Boulder CO Dec 19           (399)           (381)                0 NM NM
Qurate Retail Englewood CO Dec 19           (622)         1,091        (3,031) -52% NM
Liberty Global plc Denver CO Dec 19        (1,156)            243           (467) -192% NM
Total all 31 Colorado Companies         9,949         9,773        (1,014) 1% 133%