Monday, August 29, 2022

The 652 US Cos With Stock Market Caps Above $10 Bil Saw Their Total Audited Annual Earnings Increase By a Blistering 111% in 2021, the Biden Admin's First Full Year in Office. During the Trump Admin's Four Years in Office, There Was a Total Decline of 5% or of 1% Per Year. And During the Obama Admin's Eight Years in Office, There Was a Total Increase of 559% or of an Incredible 70% Per Year.

From a review of companiesmarketcap.com, of valuetoday.com, of the Google Finance website and of Company SEC filings, there were 652 US Companies with stock markets caps above $10 Bil sometime during the month of August 2022.

From Company financial statements contained in the SEC website, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations for each of these 652 largest US Companies for 2021, the Biden Administration's first year in office, for 2020, the Trump Administration's last year in office, for 2016, the Obama Administration's last year in office and for 2008, the Bush Administration's last year in office.

There are a handful of these 652 Companies that had very significant company separations which made their reported 2008 earnings amounts not meaningful in comparison to their more recent years' earnings amounts and thus their reported 2008 earnings are excluded from the below table.