Largest US Companies Total Audited Pretax Earnings Declined By 28% in Annual Year ended December 2020, While US GDP Declined By 3.5% in 2020. Audited Pretax Earnings % Change is a Much More Reliable and Relevant Measure Than GDP % Change.

 There were 56 US Companies with December fiscal year ends and with stock market caps above $100 bil currently.  Of these 56 US Companies, two of them have not released their annual 2020 earnings to the SEC yet. That leaves 54 US Companies.

From a review of Company SEC filings, the below table shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for both the years ended December 2020 and 2019 for these 54 US Companies.

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 From Company December 2020 Quarter Earnings Releases Filed With the SEC: