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