Saturday, August 8, 2020

Wisconsin Companies Performed Substantially Better on the Audited Annual Pretax Earnings Growth Front During Obama/Biden's Eight Years in Office (Up 13.3% Per Year) Than They Did During Trump/Pence's First Three Years in Office (Up 2.7% Per Year)

From a review of SEC filings and Google Finance, there were 26 Wisconsin 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).  I excluded one Company which had a separation and thus its earnings numbers were not comparable among years.

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 26 Wisconsin 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-
Wisconsin 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
WEC Energy Group Milwaukee WI Dec 19         1,260         1,507            570 -5% 21%
Fiserv Brookfield WI Dec 19         1,083         1,275            640 -5% 12%
Snap-On Kenosha WI Dec 19            922            801            358 5% 15%
Rockwell Automation Milwaukee WI Sept 19            901            943            809 -1% 2%
Kohls Menomonee Falls WI Jan 20            901            875         1,425 1% -5%
MGIC Investment Corp Milwaukee WI Dec 19            848            515           (948) 22% NM
Oshkosh Corp Oshkosh WI Sept 19            751            307            404 48% -3%
ManpowerGroup Milwaukee WI Dec 19            686            701            443 -1% 7%
Alliant Energy Madison WI Dec 19            636            443            438 15% 0%
Harley Davidson Milwaukee WI Dec 19            557         1,024         1,066 -15% 0%
A.O. Smith Milwaukee WI Dec 19            472            463              75 1% 65%
Associated Bancorp Green Bay WI Dec 19            407            288            222 14% 4%
Generac Holdings Waukesha WI Dec 19            320            154           (556) 36% NM
Regal Beloit Beloit WI Dec 19            304            266            199 5% 4%
Artisan Partners Asset Management Milwaukee WI Dec 19            269            224            183 7% 3%
Rexnord Milwaukee WI Mar 20            236            107           (500) 40% NM
Gardner Denver Holdings Milwaukee WI Dec 19            191             (63)            235 NM -16%
Brady Corp Milwaukee WI July 19            165            109            186 17% -5%
Plexus Corp Neenah WI Sept 19            126              87            103 15% -2%
MGE Energy Madison WI Dec 19            107            118              82 -3% 5%
Sensient Technologies Milwaukee WI Dec 19            101            167            129 -13% 4%
Marten Transport Ltd Mondovi WI Dec 19              78              57              32 12% 10%
Badger Meter Milwaukee WI Dec 19              62              50              40 8% 3%
Enerpac Tool Group Menomonee Falls WI Aug 19              19           (130)            182 NM -21%
Spectrum Brands Middleton WI Sept 19           (194)               (8)           (915) NM NM
Exact Sciences Madison WI Dec 19           (269)           (167)             (10) NM NM
Total all 26 Wisconsin Companies       10,939       10,113         4,892 2.7% 13.3%



  
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