Tuesday, September 6, 2022

The 34 Massachusetts Cos With Stock Market Caps Above $10 Bil Saw Their Total Audited Annual Earnings Increase By a Blistering 120% in 2021, the Biden Admin's First Full Year in Office. Then During the Trump Admin's Four Years in Office, These Total Earnings Increased in Total By 8% or By 2% Per Year. And Then During the Obama Admin's Eight Years in Office, These Total Earnings Increased in Total By 221% or By an Impressive 28% Per Year.

From a review of companiesmarketcap.com, of valuetoday.com, of the Google Finance website and of Company SEC filings, there were 34 Massachusetts Companies with stock markets caps above $10 Bil sometime during the month of August 2022.  GE was headquartered in Connecticut for the majority of the 13 years from 2008 to 2021 and thus was not included in the below Massachusetts Companies' table.

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 34 largest Massachusetts 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.