Sunday, September 18, 2022

The 45 Massachusetts Cos With Stock Market Caps Above $5 Bil Saw Their Total Audited Annual Earnings Increase By 112% in 2021, the Biden Admin's First Full Year in Office. During the Trump Admin's Four Years in Office, These Mass. Cos Had an Average Increase of 8% Per Year. And During the Obama/Biden Admin's Eight Years in Office, These Mass. Cos Generated an Average Increase of a Scorchingly Hot 117% Per Year.

From a review of companiesmarketcap.com, of valuetoday.com, of the Google Finance website, of the investing.com website and of Company SEC filings, there were 45 Massachusetts Companies with stock markets caps above $5 Bil recently.  

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 45 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.

United Technology renamed Raytheon Technologies had two huge company separations which made its reported 2008 earnings amount not meaningful in comparison to its more recent years' earnings amounts and thus its reported 2008 earnings amount is excluded from the below table.