Saturday, September 10, 2022

Isolating Out the Giant Microsoft, the 14 Washington State Cos With Stock Market Caps Above $10 Bil Generated Audited Annual Total Earnings in 2021 That Increased By 143% in 2021, the Biden Admin's First Full Year in Office. Then During the Trump Admin's Four Years in Office, the Total Earnings of These Washington State Cos Increased in Total By 18% or By 4.5% Per Year. And Then During the Obama Admin's Eight Years in Office, the Total Earnings of These Washington State Cos Increased in Total By 716% or By 89% Per Year.

From a review of companiesmarketcap.com, of valuetoday.com, of the Google Finance website and of Company SEC filings, there were 15 Washington State 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 15 largest Washington State 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.

I isolated out Microsoft, which comprised a huge 60% of the Total Earnings of these 15 Washington State Companies in annual 2021, since its unusual earnings growth trend was predominately due to a change in CEOs from someone who was elderly and no longer having a good feel for what works in technology to someone much younger and exceptionally tech savvy and who is now perhaps the premier CEO in the world.