Corporate profits

Industrial growth declines even as corporate profits hit all-time highs

Amid the pandemic gloom and weak economic recovery, corporate profits have skyrocketed to all-time highs, as have the stock markets. In FY21, net profit of listed companies (over 4,000) hit an all-time high, rising 57.6% to 5.31 lakh crore, and its share in GDP peaked in 10 years of 2.63%. Commenting on the performance of […]

Corporate profits

Record company profits, record share buybacks, and consider taxing them

As black, white and brown workers struggle to recover from the pandemic, leaders of the C-suite are using legalized self-operation to take an ever-increasing share of the profits. According to the Commerce Department, the last time margins were this large was in 1950. Even economists at Morgan Stanley are sounding the alarm bells about the […]

Corporate profits

Recent Rise in Corporate Profits and People’s Return to Work Help Reduce Federal Deficit

The recent increase in corporate profits and the return to work are helping to reduce the federal deficit, bringing it below the federal deficit for the same period last year. For the period October-November, the US budget deficit stood at $ 356.4 billion, a decrease of 17% compared to the same period in 2020. It […]

Corporate profits

Corporate profits are booming. This can leave some padding to absorb higher wages.

U.S. corporate profits have never been bigger – nor have they accounted for a larger share of economic growth, according to recent figures released by the U.S. Bureau of Economic Analysis. Third-quarter after-tax profits were around 11% of GDP, a measure experts typically use to gauge the country’s economic health. This proportion was still close […]

Corporate profits

Corporate earnings have been much less volatile than implied by GAAP earnings

Businessman using tablet and laptop analyzing sales data and economic growth graph. Business … [+] strategy. Digital marketing. Business innovation technology concept getty Corporate earnings, when properly measured, have been much less volatile than GAAP earnings suggest since Q1 2020. This report is an abridged version of S&P 500 & Sectors: Core Earnings Vs. GAAP […]

Corporate profits

It’s time for corporate profits to return to the ’90s so companies can make up for decades of worker underpayment, says Morgan Stanley

Workers’ share of corporate income has declined for two decades to the benefit of owners and investors. The labor shortage bridges that gap and companies will have to shift money from profits to payment, the bank said. Morgan stanley says it’s time for companies to return their profit margins to what they were about thirty […]

Corporate profits

Biggest corporate profits since 1950 demystify the inflation story told by CEOs

In the second year of a pandemic that began with the loss of 20 million jobs, American workers are doing surprisingly well. It’s just that big American companies are doing even better. Over the past two quarters, U.S. companies outside of the financial sector have posted their highest margins since 1950 – one of the […]

Corporate profits

Inflation raises corporate profits, eats away at wage gains

With the annual inflation rate in the United States at its highest level in 30 years, economists and market analysts are highlighting the growing financial divide between businesses and their employees. In today’s inflationary environment, large companies have higher profits and higher revenues. At the same time, Americans have seen all of their wage gains […]

Corporate profits

2021 9 Months: Corporate profits soar despite the exchange rate crisis, poverty, insecurity.

Nigerian businesses have dismissed the rising inflation rate and the exchange rate crisis to record higher revenues and profits. Blockbuster results: An analysis of the financial statements of 32 of the most capitalized companies on the stock exchange (excluding commercial banks) found that the companies recorded an aggregate turnover of 5.9 trillion naira in the […]