Which Big Companies Have Switched Parties?

Categories: Data, Politics, Uncategorized

Our Data

First for some context – Goods’s data includes any donation made by a corporation’s PAC or its major executives. Executives are defined as anyone with the title of Vice President or higher, basically the prime decision makers in the company. This ensures that Goods is capturing the true “political orientation” of a company and not just measuring the politics of the local labor force it’s using. 

Our data covers 3 election cycles in order to give a better measure of a company’s true behavior and to prevent big, end-of-cycle donations meant to game the system. When a new 2-year election cycle finishes, we update our data by adding in the new data and dropping the oldest cycle.

 

The Latest Results – Who Flipped?

We just finished our latest data update and we want to share which large companies (S&P 500 constituents in particular) have changed their political spending the most since 2015. Below are the companies who flipped, listed by the name of the party they now donate more to.

12 companies flipped to donating more to Republicans. 45 flipped to donate mostly to Democrats.

Here’s the same data but by total market cap (as of July 2021).

Below are the names of the firms who flipped parties. They’re ordered by the size of the flip, measured in percentage of total donations rather than raw amount.

 

Companies who Flipped Blue

  1. Carrier
  2. Extra Space Storage
  3. Paychex
  4. Catalent
  5. Hormel Foods
  6. Broadridge Financial Solutions
  7. Jack Henry & Associates
  8. Prologis
  9. CDW
  10. Philip Morris International
  11. Qorvo
  12. IDEX Corp
  13. Dentsply Sirona
  14. Discover Financial
  15. McCormick & Co.
  16. Healthpeak Properties
  17. Bank of America
  18. Fiserv Inc.
  19. Federal Realty Investment Trust
  20. Dover Corp
  21. IDEXX Laboratories
  22. Cognizant Technology Solutions
  23. Dollar General
  24. Activision Blizzard
  25. Linde plc
  26. Hilton Worldwide
  27. Goldman Sachs
  28. American Express
  29. General Mills
  30. JPMorgan Chase
  31. Verizon
  32. CBRE Group
  33. Best Buy
  34. Mondelez International
  35. Darden Restaurants
  36. Johnson & Johnson
  37. Simon Property Group
  38. Visa Inc.
  39. State Street Corp
  40. DXC Technology
  41. Anthem Inc.
  42. Citigroup
  43. Kellogg’s
  44. Intuitive Surgical
  45. T-Mobile

Companies who Flipped Red

  1. POOLCORP
  2. Old Dominion Freight Line
  3. AMCOR
  4. Rollins Inc.
  5. Hershey Co.
  6. Otis Worldwide
  7. APTIV
  8. Digital Realty Trust
  9. Robert Half International
  10. UnitedHealth Group
  11. Viatris
  12. Hartford Financial Services

 

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