Friday, September 25, 2020

The 95 Largest Illinois Companies Total Pretax Earnings Dropped Precipitously By 78% in the Second Quarter of 2020, Even Much Worse Than Their Decline of 51% in the First Quarter of 2020. The Trump Administration's Reputedly Strong US Economy Clearly Hasn't Hit Illinois.

From a review of Company SEC filings and the Google Finance website, I found 95 Illinois Companies with stock market caps of above $1 bil in early June 2020 or in a subsequent IPO.  Of these 95 Illinois Companies, 89 or 94% of them had June 2020 second quarter ends, 4 had July 2020 second quarter ends and 2 had May 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 95 excellent Illinois 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
Illinois Largest Companies   2020 2019 2020 2019
Stock Market Caps Above $1 Bil City HQs mils $ mils $ mils $ mils $
Allstate Northbrook       1,546       1,078          661       1,620
Deere & Co Moline       1,270       1,113          928       1,473
Exelon Chicago          794          644            85       1,282
Caterpillar Deerfield          678       2,178       1,513       2,264
CME Group Chicago          661          702          989          640
Mondelez Intl Deerfield          659          936          699          973
McDonalds Chicago          649       2,008       1,445       1,831
Archer Daniels Midland Chicago          552          274          375          315
Abbott Labs Abbott Park          526       1,102          633          632
Old Republic Intl Chicago          499          205        (770)          519
Illinois Tool Works Glenview          406          825          735          790
Northern Trust Chicago          403          507          461          452
CNH Industrial NV Burr Ridge, IL / London          310          554          (76)          349
Baxter Intl Deerfield          289          326          378          386
Equity Residential Chicago          272          322          334          110
CF Industries Deerfield          251          422          104          110
CDW Corp Vernon Hills          245          261          212          192
Conagra Brands Chicago          238          188          263          297
WW Grainger Lake Forest          184          366          142          351
Camping World Holdings Lincolnshire          184            61          (10)            (4)
CNA Financial Chicago          182          342          (89)          419
Motorola Solutions Chicago          176          275          224          185
Arthur J Gallagher & Co Rolling Meadows          172          106          356          322
LKQ Corp Chicago          163          206          207          190
Kemper Corp Chicago          160          149            78          195
Cboe Global Markets Chicago          157          120          218          128
Dover Downers Grove          157          250          214          138
Fortune Brands Home & Security Deerfield          156          179          139          113
Reynolds Consumer Products Lake Forest          148            74            65            22
Hill-Rom Holdings Chicago          120            46            57            61
RLI Corp Peoria          115            49          (79)            82
Zebra Technologies Lincolnshire          103          129          103          131
Ingredion Westchester            94          152          136          139
TransUnion Chicago            93          146            97            76
Packaging Corp of America Lake Forest            92          256          190          249
Idex Corp Lake Forest            92          145          127          137
Brunswick Mettawa            89          144            89            95
Telephone and Data Systems Chicago            86            55            86          104
CDK Global Hoffman Estates            75          (20)          132          121
United States Cellular Chicago            73            46            76            85
Morningstar Chicago            64            53            33            46
AptarGroup Crystal Lake            61          102            78            90
Equity Lifestyle Properties Chicago            49            49            71          119
Stepan Northfield            48            40            36            31
Adtalem Global Education Chicago            47            51          160            43
Cabot Microelectronics Aurora            47            39            40            38
IAA Inc Westchester            44            71            60            74
John Bean Technologies Chicago            43            42            38            26
First Industrial Realty Trust Chicago            37            28            41            24
Horace Mann Educators Springfield            37          127            18            39
Atkore International Group Harvey            33            48            52            40
First Busey Urbana            33            31            19            35
Wintrust Financial Rosemont            31          110            87          119
Equity Commonwealth Chicago            28          243          426          212
Federal Signal Oak Brook            28            44            31            23
Middleby Elgin            27          125            96            90
First Midwest Bancorp Chicago            25            63            26            61
GATX Corp Chicago            24            58            40            35
R1 RCM Chicago            20          (16)            29            (3)
Hub Group Oak Brook            18            39            17            33
Methode Electronics Chicago            16            36            44            28
Jones Lang LaSalle Chicago            16          148            23            21
Univar Solutions Downers Grove            13            36            56          (93)
TreeHouse Foods Oak Brook            11          (57)          (73)          (21)
Paylocity Schaumburg            10              6            48            37
Tootsie Roll Industries Chicago            10            16            15            12
Ulta Beauty Bolingbrook            10          210        (103)          240
Stericycle Bannockburn              5          (33)          (58)          (34)
Horizon Therapeutics plc Lake Forest              3          (10)          (33)          (35)
Coeur Mining Chicago              2          (42)          (16)          (34)
OneSpan Chicago            (1)            (2)              1            (6)
Allscripts Healthcare Solutions Chicago            (1)        (150)          (21)            (6)
Envestnet Chicago            (4)          (28)            (9)          (15)
Retail Properties of America Oak Brook            (7)            21            22            23
Sprout Social Chicago            (8)          (11)          (10)            (5)
Littelfuse Chicago          (11)            54            35            46
Knowles Itasca          (18)              9          (11)            (0)
Phathom Pharmaceuticals Buffalo Grove IL  / Florham Park, NJ          (21)          (88)          (20)            (1)
GoHealth Chicago          (23)            15            (1)              5
Navistar Lisle          (26)          190          (26)          (44)
Oak Street Health Chicago          (27)          (20)          (15)          (10)
Azek Company Chicago          (55)              2              6            (1)
GrubHub Chicago          (57)              1          (52)              6
Pactiv Evergreen Lake Forest          (87)          (19)          (13)            43
Ventas Chicago        (103)          154          326          126
Cushman & Wakefield plc Chicago / London        (109)            18          (82)          (62)
US Foods Holding Rosemont        (118)          154        (172)            91
Brookfield Property REIT Chicago        (238)        (262)          (95)            43
Hyatt Hotels Chicago        (330)          105        (138)            83
Discover Financial Services Riverwoods        (461)          987          (78)          930
AbbVie North Chicago        (693)          807       3,098       2,544
Walgreen's Boots Alliance Deerfield     (1,773)       1,198       1,097       1,356
United Airlines Chicago     (2,003)       1,354     (2,114)          367
Boeing Chicago / Seattle     (3,423)     (3,427)     (1,503)       2,333
Anixter Intl (Acquired by Wesco) Glenview  NA   NA             48            56
Total all 95 Illinois Companies       4,362     19,640     13,101     26,772
… % Change From Prior Year Quarter -78% -51%