Tuesday, August 4, 2020

New York Non-Financial Companies Performed Much Better on the Annual Audited Pretax Earnings Growth Front During Obama/Biden's Eight Years in Office (+8.8% Per Year) Than They Did During Trump/Pence's First Three Years in Office (a Modest 1.2% Per Year)

From a review of SEC filings and Google Finance, there were 62 Non-Financial Companies headquartered in the State of New York 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 in 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 62 New York Non-Financial 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  Annual 
Annual Audited Audited Audited % Change % Change
Audited Pretax Pretax Pretax During During
Fincl Income Income Income Trump- Obama-
New York Sts (Loss) (Loss) (Loss) Pence Biden
New York Non-Financial 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
Verizon Communications New York NY Dec 19       22,733       20,986         1,643 3% 147%
Pfizer New York NY Dec 19       17,682         8,351         9,694 37% -2%
International Business Machines Armonk NY Dec 19       10,166       12,330       16,715 -6% -3%
Philip Morris New York NY Dec 19         9,872         9,924         9,937 0% 0%
PepsiCo Purchase NY Dec 19         9,312         8,553         7,045 3% 3%
Accenture plc New York NY Aug 19         6,252         5,604         3,108 4% 10%
Bristol-Myers Squibb New York NY Dec 19         4,975         5,915         4,776 -5% 3%
ViacomCBS New York NY Dec 19         3,345         2,230      (12,575) 17%
NM
Colgate Palmolive New York NY Dec 19         3,301         3,738         3,005 -4% 3%
Consolidated Edison New York NY Dec 19         2,727         1,943         1,191 13% 8%
Regeneron Pharmaceuticals Tarrytown NY Dec 19         2,429         1,330             (77) 28%
NM
Estee Lauder New York NY Jun 19         2,307         1,555            744 16% 14%
Omnicom Group New York NY Dec 19         1,938         1,842         1,615 2% 2%
Paychex Rochester NY May 20         1,437         1,259            812 5% 7%
Corning Inc Corning NY Dec 19         1,216         3,692         2,882 -22% 4%
Sirius XM Holdings New York NY Dec 19         1,197         1,092        (5,314) 3%
NM
Interpublic Group of Cos New York NY Dec 19            878            826            472 2% 9%
JetBlue Airways Long Island City NY Dec 19            768         1,164             (89) -11%
NM
Tapestry New York NY Jun 19            766            627         1,195 7% -6%
Tiffany New York NY Jan 20            690            677            366 1% 11%
Henry Schein Melville NY Dec 19            680            756            305 -3% 18%
Foot Locker New York NY Jan 20            672         1,004           (100) -11%
NM
Intl Flavors & Fragrances New York NY Dec 19            557            524            284 2% 11%
IAC/Interactive New York NY Dec 19            495             (81)            111
NM
-22%
AMC Networks New York NY Dec 19            486            455             (18) 2%
NM
PVH Corp New York NY Jan 20            444            674            146 -11% 45%
Xylem Rye Brook NY Dec 19            416            340            312 7% 1%
ITT Inc White Plains NY Dec 19            414            258              68 20% 35%
National Fuel Gas Williamsville NY Sep 19            390           (524)            435
NM
-28%
MSC Industrial Direct Melville NY Aug 19            383            372            313 1% 2%
Ubiquiti Inc New York NY Jun 19            381            240                8 20% 363%
Thomson Reuters New York NY Dec 19            372         1,041         1,670 -21% -5%
Ralph Lauren New York NY Mar 20            326           (105)            588
NM
-15%
Moog East Aurora NY Sep 19            234            173            168 12% 0%
Hess Corp New York NY Dec 19            221        (3,854)         4,697
NM
-23%
Prestige Consumer Healthcare Tarrytown NY May 20            191            111           (200) 24%
NM
Steven Madden Ltd Long Island City NY Dec 19            181            171              46 2% 34%
New York Times New York NY Dec 19            164              31             (72) 143%
NM
ABM Industries New York NY Oct 19            160              52              84 69% -5%
Minerals Technologies New York NY Dec 19            157            170              82 -3% 13%
WW International New York NY Dec 19            151              84            334 27% -9%
Macquarie Infrastructure New York NY Dec 19            140            198             (84) -10%
NM
Avon Products Suffern NY Dec 19            138              31         1,223 115% -12%
Inter Parfums New York NY Dec 19            105              67              46 19% 6%
Balchem New Hampton NY Dec 19              96              83              28 5% 25%
Standard Motor Products Long Island City NY Dec 19              92              99             (29) -2% -55%
Gibraltar Industries Buffalo NY Dec 19              85              50              39 23% 4%
ExlService Holdings New York NY Dec 19              83              84              10 0% 93%
Monro Rochester NY Mar 20              74              97              38 -8% 19%
Griffon New York NY Sep 19              72              32               (0) 42%
NM
Verint Systems Melville NY Jan 20              53             (23)             (59)
NM
NM
Conmed Utica NY Dec 19              31              19              62 21% -9%
Shutterstock New York NY Dec 19              25              44              21 -14% 14%
Hain Celestial Group Lake Success NY Jun 19             (52)              87              68 -53% 3%
LivePerson New York NY Dec 19             (93)             (20)             (23)
NM
NM
TG Therapeutics New York NY Dec 19           (173)             (78)               (4)
NM
NM
Capri Holdings Ltd New York / London, UK NY Mar 20           (215)            689              22 -44% 379%
Atlas Air Worldwide Purchase NY Dec 19           (473)              89            110 -210% -2%
Nielsen Holdings New York NY Dec 19           (663)            816           (271) -60%
NM
Constellation Brands Victor NY Feb 20           (945)         2,083           (107) -48%
NM
Bunge Ltd White Plains, NY / St Louis, MO NY Dec 19        (1,205)            996         1,537 -74% -4%
Coty Inc New York NY Jun 19        (3,778)            139            179 -939% -3%
Total all 62 New York Non-Financial Cos     104,863     101,112       59,212 1.2% 8.8%