Monday, December 5, 2022

Excluding Health Care Giants JNJ and Merck, the 106 Next Largest New Jersey Cos With Stock Market Caps Above $200 Mil Saw Their Total Audited Annual Earnings Increase By 1,301% in the Past 13 Years or By an Annual Average of 100% Per Year.

These 106 New Jersey Cos With Stock Market Caps Above $200 Mil Saw Their Total Audited Annual Earnings Improve By a Blistering 119% or By $26.2 Bil in Just One Year Annual 2021, the Biden Administration's First Full Year in Office.

Then During the 4 Years of the Trump Admin (2016 to 2020), These New Jersey Cos Total Annual Earnings Declined 22% or By $6.0 Bil.

And During the Obama/Biden Admin's Eight Years in Office (2008 to 2016), These New Jersey Cos had a Total Annual Earnings Increase of an Exceptional 713% (an Average Annual Earnings Growth of 89% Per Year) For an Increase of $24.5 Bil.


From a review of companiesmarketcap.com, of valuetoday.com, of the Google Finance website, of the investing.com website, of the yahoo finance website and a particularly extensive review of Company SEC filings, there were 108 New Jersey Companies with stock markets caps above $200 mil recently.  

And from Company financial statements contained in the SEC website and Company Investor Relations websites, the table below shows the Audited Gold-Standard US GAAP Consolidated Net Income (Loss) from Continuing Operations or the Increase (Decrease) in Net Assets from Operations  for each of these 108 largest New Jersey 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.