Thursday, August 18, 2022

The 164 Largest US Cos With Stock Market Caps All Above $50 Bil Saw Their Total Audited Annual Earnings Increase By 83% in Biden's First Full Year in Office, By an Average of 3% Per Year During Trump's Four Years in Office and By an Average of 19% Per Year During Obama's Eight Years in Office

From a review of companiesmarketcap.com, of valuetoday.com and of Google Finance websites, there were 164 US Companies with very recent stock markets caps above $50 Bil.

From Company financials 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 164 largest US Companies for 2021, Biden's first year in office, for 2020, Trump's last year in office, for 2016, Obama's last year in office and for 2008, Bush's last year in office.

There are a small handful of these Companies that had very significant 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.