These 23 North Carolina Companies Posted Audited US GAAP Pretax Income From Continuing Operations in Fiscal Year Ended 2017 which decreased by 0.4% over that in the Fiscal Year Ended 2016.
On the other hand, these same 23 North Carolina Companies Posted Audited US GAAP Pretax Income From Continuing Operations in Fiscal Year Ended 2016 which increased by 16.4% over that in the Fiscal Year Ended 2015.
My Focus is on Pretax Income Rather Than on After-Tax Net Income Because Income Taxes are Simply a Transfer of Financial Wealth Between US Corporations and the US Federal, US State and Foreign Governments. It Has Nothing Whatsoever to do with Company Operating Performance.
From a review of SEC filings, the chart below shows the Audited Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the Fiscal Years Ended 2017, 2016 and 2015 for these 23 North Carolina Companies located outside of the Charlotte area with stock market caps above $1 Bil recently.
| Trump | Obama | |||||
| First | Last | Obama | ||||
| Year | Year | Year | ||||
| 2017 | 2016 | 2015 | ||||
| Audited | Audited | Audited | ||||
| Pretax | Pretax | Pretax | ||||
| Income | Income | Income | ||||
| (Loss) | (Loss) | (Loss) | ||||
| North Carolina Companies | From | From | From | |||
| Outside of Charlotte Area | City | State | 2017 | Continuing | Continuing | Continuing |
| Stock Market Caps Above $1 Bil | HQs | HQs | FYE | Operations | Operations | Operations |
| $ mils | $ mils | $ mils | ||||
| Lowes | Mooresville | NC | Jan 18 | 5,489 | 5,201 | 4,419 |
| BB&T Corp | Winston-Salem | NC | Dec 17 | 3,326 | 3,500 | 2,917 |
| V F Corp | Greensboro | NC | Dec 17 | 1,416 | 1,285 | 1,564 |
| Laboratory Corp of America | Burlington | NC | Dec 17 | 1,135 | 1,106 | 726 |
| Martin Marietta Materials | Raleigh | NC | Dec 17 | 619 | 607 | 414 |
| Old Dominion Freight Line | Thomasville | NC | Dec 17 | 576 | 478 | 490 |
| First Citizens Bancshares | Raleigh | NC | Dec 17 | 544 | 351 | 332 |
| Hanesbrands | Winston-Salem | NC | Dec 17 | 537 | 571 | 474 |
| Red Hat | Raleigh | NC | Feb 18 | 475 | 320 | 275 |
| IQVIA Holdings | Durham | NC | Dec 17 | 341 | 475 | 547 |
| CommScope Holdings | Hickory | NC | Dec 17 | 210 | 273 | (62) |
| Highwoods Properties | Raleigh | NC | Dec 17 | 192 | 123 | 86 |
| Ply Gem Holdings Inc | Cary | NC | Dec 17 | 115 | 23 | 32 |
| Live Oak Bancshares | Wilmington | NC | Dec 17 | 98 | 17 | 34 |
| PRA Health Sciences | Raleigh | NC | Dec 17 | 75 | 97 | 112 |
| Tanger Factory Outlet Centers | Greensboro | NC | Dec 17 | 72 | 204 | 222 |
| First Bancorp | Troy | NC | Dec 17 | 68 | 42 | 41 |
| James River Group Hldgs Ltd | Chapel Hill | NC | Dec 17 | 55 | 79 | 60 |
| Qorvo | Greensboro | NC | Mar 18 | 17 | 27 | (3) |
| G1 Therapeutics | Research Triangle Park | NC | Dec 17 | (60) | (30) | (20) |
| Syneos Health | Raleigh | NC | Dec 17 | (112) | 134 | 131 |
| Aeri Pharmaceuticals | Research Triangle Park | NC | Dec 17 | (147) | (99) | (74) |
| Cree Inc | Durham | NC | Jun 18 | (317) | (5) | (24) |
| Total sll 23 Cos Outside Charlotte Area | 14,724 | 14,779 | 12,693 | |||
| Trump's First Year 2017 | ||||||
| … Pretax Income % Decrease 2017 vs 2016 | -0.4% | |||||
| Obama's Last Year 2016 | ||||||
| … Pretax Income % Increase 2016 vs 2015 | 16.4% |
