I isolated out Microsoft since its unusual earnings growth trend was mainly due to a change in CEOs from someone who was elderly and no longer having a good feel for what works in technology to someone much younger and exceptionally tech savvy and who is now perhaps the premier CEO in the world.
And I isolated out Amazon since a very high proportion of its earnings in the more recent years of the past twelve years were made in Web Services. Unfortunately, it invested those earnings in order to create monopolies and in the process it has played a key role in destroying some important parts of the US economy while at the same time not paying its employees fairly ..... not much of a legacy to have.
The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 25 Washington State 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 | |||
Washington | Fincl | Income | Income | Income | Trump | Obama | ||
State | Sts | (Loss) | (Loss) | (Loss) | Admin's | Admin's | ||
Washington State 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 | ||||||
Microsoft (Market Cap $1.58 Trillion) | Redmond | WA | Jun 19 | 43,688 | 25,639 | 23,814 | 23% | 1% |
Amazon.com (Market Cap $1.58 Trillion) | Seattle | WA | Dec 19 | 13,976 | 3,892 | 901 | 86% | 41% |
Costco | Issaquah | WA | Aug 19 | 4,765 | 3,619 | 2,011 | 11% | 10% |
T-Mobile US | Bellevue | WA | Dec 19 | 4,603 | 2,327 | 279 | 33% | 92% |
Starbucks | Seattle | WA | Sep 19 | 4,466 | 4,199 | 456 | 2% | 103% |
Paccar | Bellevue | WA | Dec 19 | 3,099 | 1,130 | 1,464 | 58% | -3% |
Alaska Air Group | Seattle | WA | Dec 19 | 1,016 | 1,316 | (213) | -8% | NM |
Expeditors Intl Washington | Seattle | WA | Dec 19 | 796 | 687 | 500 | 5% | 5% |
Expedia Group | Seattle | WA | Dec 19 | 775 | 277 | (2,515) | 60% | NM |
Nordstrom | Seattle | WA | Jan 20 | 682 | 684 | 648 | 0% | 1% |
F5 Networks | Seattle | WA | Sep 19 | 541 | 550 | 118 | -1% | 46% |
Washington Federal | Seattle | WA | Dec 19 | 263 | 248 | 96 | 2% | 20% |
Columbia Banking System | Tacoma | WA | Dec 19 | 242 | 150 | 1 | 20% | 1863% |
Avista | Spokane | WA | Dec 19 | 228 | 215 | 120 | 2% | 10% |
Banner Corp | Walla Walla | WA | Dec 19 | 183 | 130 | (135) | 14% | NM |
Monolithic Power Systems | Kirkland | WA | Dec 19 | 113 | 57 | 25 | 33% | 16% |
Itron | Liberty Lake | WA | Dec 19 | 73 | 85 | 19 | -5% | 43% |
Potlatch Deltic | Spokane | WA | Dec 19 | 57 | 7 | 48 | 238% | -11% |
NanoString Technologies | Seattle | WA | Dec 19 | (40) | (47) | (9) | NM | NM |
CytoDyn | Vancouver | WA | May 20 | (124) | (26) | (2) | NM | NM |
Seattle Genetics | Bothell | WA | Dec 19 | (159) | (140) | (86) | NM | NM |
Weyerhaeuser | Seattle | WA | Dec 19 | (213) | 504 | (2,809) | -47% | NM |
Zillow Group | Seattle | WA | Dec 19 | (310) | (220) | (21) | NM | NM |
Boeing | Seattle | WA | Dec 19 | (2,259) | 5,783 | 3,995 | -46% | 6% |
Total 23 Cos … No Microsoft and No Amazon | 18,797 | 21,535 | 3,990 | -4% | 55% | |||
Total all 25 Washington State Cos | 76,461 | 51,066 | 28,705 | 17% | 10% |