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15 Billion-Dollar Companies With Negative Net Earnings

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15 Billion-Dollar Companies With Negative Net Earnings
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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 (NYSE: MGM)

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

2. Icahn Enterprises LP (NASDAQ: IEP)

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

3. Sprint Corp (NYSE: S)

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

4. Palo Alto Networks Inc (NYSE: PANW)

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

5. Charter Communications, Inc. (NASDAQ: CHTR)

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

6. Twitter Inc (NYSE: TWTR)

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

7. Amazon.com, Inc. (NASDAQ: 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 (NYSE: OXY)

Market cap: $60.38 billion
Trailing 4-quarter net income: -$1.02 billion

9. JD.com Inc(ADR) (NASDAQ: JD)

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

10. salesforce.com, inc. (NYSE: CRM)

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

11. Anadarko Petroleum Corporation (NYSE: APC)

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

12. Sony Corp (ADR) (NYSE: SNE)

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

13. Tesla Motors Inc (NASDAQ: TSLA)

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

14. ConAgra Foods Inc (NYSE: CAG)

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

15. Pandora Media Inc (NYSE: P)

Market cap: $3.37 billion
Trailing 4-quarter net income: -$49.7 million

Image Credit: Public Domain

Posted-In: Education General Best of Benzinga

 

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