Thursday, March 4, 2021

675 Largest US Companies With December Year Ends Total Audited Pretax Earnings Declined By 39% in Annual Year Ended December 2020. The Earnings Declines in 2020 Were Precipitous For the Smaller of These 675 US Companies ..... Total Earnings Declines Were 87% For the 83 Cos With Market Caps of $20 Bil to $30 Bil, Were 72% For the 201 Cos With Market Caps of $10 Bil to $20 Bil and Were 75% for the 188 Cos With Market Caps of $6 Bil to $10 Bil. These Annual 2020 Total Earnings Percentage Declines Have To Be the Worst For Any Year in the History of the US.

There were 675 US Companies with December fiscal year ends, with stock market caps above $6 bil recently and which have reported their annual earnings to the SEC for each of the years ended 2020, 2019 and 2018.  

The first table below summarizes the Gold-Standard US GAAP Audited Pretax Income (Losses) From Continuing Operations for all of these 675 Companies, stratified by stock market cap ranges.



From Company SEC filings, the table below shows the Gold-Standard US GAAP Audited Pretax Income (Loss) From Continuing Operations for each of these 675 Companies for the years ended December 2020, 2019 and 2018.