Founded in 1920, Honeywell International (HON) is a diversified industrial giant operating in about 70 countries. The company invents and commercializes technologies that address some of the world’s most critical challenges around energy, safety, security, productivity, and urbanization. Honeywell operates through four segments: Aerospace (38% of revenue, 41% of profits): products are used on [...]
Founded in 1889 and based in London, British Petroleum (BP) is one of the largest integrated oil and gas companies in the world with sales in excess of $240 billion in 2017. The company operates in over 70 countries and has proven oil & gas reserves of 18.4 billion barrels of oil equivalent (about 20 [...]
Cracker Barrel Old Country Store (CBRL) has been in business since 1969 and operates a chain of more than 650 restaurants located throughout the U.S. The company’s country-themed, full-service restaurant served 7,000 guests per week in 2017, offering diners a variety of breakfast (24% of sales), lunch (39%), and dinner (37%) foods with meals costing [...]
Founded in 1922, Raytheon (RTN) is a defense contractor and technology leader specializing in defense, civil government, and cybersecurity solutions. The company operates through five segments: Missile Systems (29% of sales, 31% of income): develops and supports a range of weapon systems, including missiles, smart munitions, close-in weapon systems, projectiles, kinetic kill vehicles, directed energy [...]
Compass Minerals (CMP) boasts an operating history dating back to 1844 and is a leading producer of essential minerals. Specifically, Compass Minerals primarily sells: Salt: used mainly by cities for deicing roads but has many consumer and industrial applications as well. Specialty potash: a premium fertilizer that improves the quality, yield, and shelf life of [...]
Bristol-Myers Squibb (BMY) traces its roots back to 1887 and is one of the world's largest biopharmaceutical businesses. The company offers drugs in the various therapeutic classes, such as oncology, cardiovascular, immunoscience, and virology, including human immunodeficiency virus (HIV) infection. Bristol-Myers' top 10 drugs account for 90% of sales and include the following major [...]
Founded in 1874, Bank of America (BAC), with just over $2.3 trillion in total assets, is the world’s 9th largest bank and the 2nd largest U.S. megabank. The company operates over 4,400 branches in the U.S., as well as more than 16,000 ATMs. In total, Bank of America has 47 million U.S. consumer and business [...]
Founded in 1995, Energy Transfer Partners (ETP) is one of America's largest midstream master limited partnerships, or MLPs. The company is part of the larger Energy Transfer family of companies and MLPs, which is overseen by founder and CEO Kelcy Warren. Warren owns 17% of Energy Transfer Equity (ETE), the sponsor and general partner of [...]
Founded in 1832, Bank of Nova Scotia (BNS) is one of Canada's dominant banking institutions. The firm provides a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank, commonly referred to as Scotiabank, has about $900 billion [...]
Costco (COST) was founded in 1976 and pioneered the wholesale warehouse retail business model. The company is one of the world’s largest sellers of groceries, alcohol, diamonds, electronics, prescription drugs, tires, gasoline, and even travel services. Costco operates nearly 750 store locations in 11 countries today. Source: Costco Investor Presentation While Costco is the world’s [...]
Founded in 1887, Old Republic International (ORI) engages in insurance underwriting primarily in the U.S. and Canada. The firm owns 134 subsidiaries that operate in all 50 states, 10 Canadian provinces, and three U.S. territories. Old Republic International operates through two main segments: General Insurance Group and the Title Insurance Group, which together generated [...]
HCP (HCP) is a healthcare REIT that went public in 1985 with 24 skilled nursing facilities (SNFs). Over the decades, the business eventually became a dividend aristocrat with 30 consecutive years of dividend growth. HCP's success was fueled by acquisitions of over 1,200 new healthcare properties, including skilled nursing, medical office buildings (MOBs), life science [...]
In April 2015, the struggling regional telecom company Windstream (WIN) spun off 80% of its fiber optic cables into an internally managed REIT which was later renamed Uniti Group (UNIT). The use of these assets was leased back to Windstream under a 15-year triple-net lease agreement. Under this arrangement, Windstream pays for maintenance, taxes, [...]
With roots going back to 1885, Unilever (UL) was formed by the 1929 merger of Margarine Unie of the Netherlands and U.K. soapmaker Lever Brothers. The company is one of the world's largest consumer staples companies today. Unilever produces over 400 branded products used by more than 2.5 billion people each day in over [...]
With roots tracing back to 1715 in London, GlaxoSmithKline (GSK) is one of the world’s largest pharmaceutical companies. The business has nearly 100,000 employees and operates in more than 150 countries. GlaxoSmithKline has three primary business segments: Pharmaceuticals (57% of revenue, 66% of segment profits): patented drugs treating bacterial, viral (including HIV), as well [...]