Wednesday, November 16, 2022

The 1,345 US Cos With Stock Market Caps Above $3 Bil Saw Their Total Audited Annual Earnings Increase By a Blistering 131% in Annual 2021, the Biden Admin's First Full Year in Office.

 

Then During the 4 Years of the Trump Admin, These Largest US Cos Experienced a Total Audited Annual Earnings Decline of $106 Bil or of 10% (An Average of 3% Per Year).


And During the Obama/Biden Admin's Eight Years in Office, These Largest US Cos Reported Total Audited Annual Earnings Improvement of a Massive $987 Bil or of 2,181% (An Average Increase of a Spectacular 273% Per Year). 


From a review of primarily the companiesmarketcap.com, but also of valuetoday.com, of the Google Finance website, of the investing.com website, of the yahoo finance website and of Company SEC filings, there were 1,345 US Companies with stock markets caps above $3 bil recently.

And 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 largest 1,345 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 1,345 US 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.