31 S&P 500 Stocks with Negative 3 FY Net Income

There are 31 companies in the S&P 500 that had an average net income loss over the last three fiscal years.

Of those, 12 were profitable over the last 12 months, while 19 were not profitable.

Of the 19 companies that were unprofitable over the last 12 months, 4 (JDSU, UIS, THC and GM) had losses over the last 12 months and each of the last 3 fiscal years.

Of those 4 companies, 3 seem to be working their way out of the problem in terms of reported income, but 1 (GM) is severely worsening.

(income denominated in millions)

Securities listed in table image are: EK, CBS, NEM, JAVA, JNPR, IPG, WPI, CMS, CIEN, DYN, NYT, AMT, JDSU, UIS, THC, HRB, BSX, ERTS, SOV, MYL, ETFC, MTG, SGP, F, LSI, PHM, CTX, AMD, MBI, S, GM.

An Excel spreadsheet containing this data for all members of the S&P 500 is available upon email request.

Comments

[Charles Lon...:]

There are reasons to question the significance of the S&P500, at least in terms of what it actually represents. For an interesting view on the subject see article and comments at:
www.clusterstock.com/2...

2008 Aug 03 04:07 PM

[User 208427:]

I think you mean cumulative 3 year losses, not average.

2008 Aug 04 01:18 PM

[QVM Group:]

No I mean average

2008 Aug 04 03:27 PM