Friday, September 11, 2020

The 10 Largest New Hampshire Companies Total Pretax Earnings Declined Precipitously By 88% in the First Half of 2020, Going From $596 Mil in the First Half of 2019 to only $72 Mil in the First Half of 2020

From a review of Company SEC filings and the Google Finance website, I found 10 New Hampshire Companies with stock market caps of above $200 mil in mid-June 2020.  All 10 New Hampshire Companies had  June 2020 second quarter ends.

The table below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the second and first quarters of both 2020 and 2019 for each of these 10 very fine New Hampshire Companies.


US US US US
GAAP GAAP GAAP GAAP
Pretax Pretax Pretax Pretax
Income Income Income Income
(Loss) (Loss) (Loss) (Loss)
  Second Second First First
    Quarter Quarter Quarter Quarter
New Hampshire Largest Companies   2020 2019 2020 2019
Stock Market Caps Above $200 Mil City HQs mils $ mils $ mils $ mils $
Albany Intl Rochester            48            49            20            37
Bottomline Technologies Portsmouth            (3)              7            (1)            (0)
iCAD Nashua            (2)            (4)          (12)            (4)
PC Connection Merrimack            11            33            21            18
Planet Fitness Hampton          (43)            51            15            37
Sprague Resources LP Portsmouth          (24)            (4)            49            34
Standex Salem              9            17            15            13
Unitil Corp Hampton              4              5            20            35
Vapotherm Exeter            (8)          (13)          (14)          (13)
White Mountains Insurance Hanover          133            16        (166)          282
Total all 10 New Hampshire Cos          125          158          (53)          439
… % Change From Prior Year Quarter -21% -112%
Total Pretax Income (Losses)
….. First Half of 2020            72
….. First Half of 2019          596
………. % Decline -88%