Thursday, September 3, 2020

Oregon 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 a Very Robust 23% Per Year ..... Than They Performed During the Trump Administration's First Three Full Years in Office (2017-2019) ... Down an Average 9% Per Year

From a review of SEC filings and Google Finance, there were 7 Oregon Companies with stock market caps of above $1 bil in mid-June 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 7 Oregon 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
  Oregon Sts (Loss) (Loss) (Loss) Admin's Admin's
Oregon 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
Nike  Beaverton  OR May 20         2,887         4,886         1,957 -14% 19%
Umpqua Holdings  Portland  OR Dec 19            469            366              73 9% 50%
Columbia Sportswear  Portland  OR Dec 19            405            257            126 19% 13%
Lithia Motors  Medford  OR Dec 19            375            284           (333) 11% NM
FLIR Systems  Wilsonville  OR Dec 19            242            276            290 -4% -1%
Portland General Electric  Portland  OR Dec 19            241            243            122 0% 12%
Lattice Semiconductor  Hillsboro  OR Dec 19              45             (44)             (38) NM NM
 
Total all 7 Oregon Companies         4,664         6,268         2,197 -9% 23%