Sunday, August 23, 2020

Utah Companies Performed Substantially Better on the Audited Annual Pretax Earnings Growth Front During the Obama Administration's Eight Years in Office (2009-2016) ..... Up an Average of an Off-the-Charts 81% Per Year ..... Than They Performed During the Trump Administration's First Three Full Years in Office (2017-2019) ... Up an Average 22% Per Year

From a review of SEC filings and Google Finance, there were 9 Utah Companies with stock market caps of above $1 bil in mid-August 2020 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).     

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 9 Utah 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
Fincl Income Income Income Trump Obama
Utah Sts (Loss) (Loss) (Loss) Admin's Admin's
Utah 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
Zions Bancorp Salt Lake City UT Dec 19         1,053            705           (315) 16%
NM
Extra Space Storage Salt Lake City UT Dec 19            451            331              37 12% 99%
SkyWest St George UT Dec 19            446           (249)            176
NM
-30%
Nu Skin Enterprises Provo UT Dec 19            255            213            101 7% 14%
Usana Health Sciences Salt Lake City UT Dec 19            150            139              69 3% 13%
Freedom Holding Corp Salt Lake City UT Mar 20              28                6              16 122% -8%
Merit Medical System South Jordan UT Dec 19                2              25              32 -31% -3%
Myriad Genetics Salt Lake City UT Jun 19                0            156              75 -33% 14%
Overstock.com Midvale UT Dec 19           (135)              21             (11) -248%
NM
Total all 9 Utah Cos         2,250         1,347            180 22% 81%