15 Billion-Dollar Companies With Negative Net Earnings

Just because a company is big, popular and always in the headlines doesn’t necessarily mean that the company is raking in cash. In fact, for various reasons, many of the most popular and highly-owned public companies have had negative net earnings during the past year.

Here’s a list of 15 billion-dollar companies that have failed to turn a profit over the past four quarters.

1. MGM Resorts International MGM

Market cap: $10.21 billion Trailing 4-quarter net income: -$87.2 million

2. Icahn Enterprises LP IEP

Market cap: $10.85 billion Trailing 4-quarter net income: -$180.0 million

3. Sprint Corp S

Market cap: $18.09 billion Trailing 4-quarter net income: -$3.37 billion

4. Palo Alto Networks Inc PANW

Market cap: $14.67 billion Trailing 4-quarter net income: -$268.2 million

5. Charter Communications, Inc. CHTR

Market cap: $19.05 billion Trailing 4-quarter net income: -$327.0 million

6. Twitter Inc TWTR

Market cap: $23.11 billion Trailing 4-quarter net income: -$607.9 million

7. Amazon.com, Inc. AMZN

Market cap: $203.29 billion Trailing 4-quarter net income: -$406.0 million

Related Link: What Did Billion-Dollar Companies Look Like At Series A?

8. Occidental Petroleum Corporation OXY

  • Market cap: $60.38 billion
  • Trailing 4-quarter net income: -$1.02 billion
  • 9. JD.com Inc(ADR) JD

    Market cap: $46.36 billion Trailing 4-quarter net income: -$307.7 million

    10. salesforce.com, inc. CRM

    Market cap: $47.45 billion Trailing 4-quarter net income: -$161.6 million

    11. Anadarko Petroleum Corporation APC

    Market cap: $41.01 billion Trailing 4-quarter net income: -$2.37 billion

    12. Sony Corp (ADR) SNE

    Market cap: $36.67 billion Trailing 4-quarter net income: -$1.16 billion

    13. Tesla Motors Inc TSLA

    Market cap: $33.88 billion Trailing 4-quarter net income: -$398.4 million

    14. ConAgra Foods Inc CAG

    Market cap: $18.77 billion Trailing 4-quarter net income: -$786.0 million

    15. Pandora Media Inc P

    Market cap: $3.37 billion Trailing 4-quarter net income: -$49.7 million Image Credit: Public Domain
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