From a review of US SEC filings, there were a huge number of 39 Companies
headquartered in the highly-educated Northern Virginia Area with a stock market
cap of more than $1 Bil recently.
Nearly all Republicans, a high percentage of
Independents and even many perceptive Democrats all agree as a starting point
that for US capitalism to work properly, Companies must generate in the
aggregate reasonably healthy profits.
This clearly happened in the two most recent
years, especially so in 2016.
My focus is on Pretax Income rather than on After-Tax Net Income
because Income Taxes are simply a transfer of financial wealth between US
Corporations and the US Federal, US State and Foreign Governments. It has
nothing whatsoever to do with Company Operating Performance.
From a review of SEC filings, the chart below shows the Audited
Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the
Fiscal Years Ended 2017, 2016 and 2015 for these 39 Northern Virginia Companies.
| FYE | FYE | FYE | FYE | FYE | |||||
| Year | Year | Year | 2017 | 2016 | |||||
| 2017 | 2016 | 2015 | Better | Better | |||||
| Audited | Audited | Audited | (Worse) | (Worse) | |||||
| Pretax | Pretax | Pretax | Than | Than | |||||
| Virginia Companies | City | State | 2017 | Income | Income | Income | 2016 | 2015 | |
| Stock Market Caps Above $1 Bil | HQs | HQs | FYE | (Loss) | (Loss) | (Loss) | % | % | |
| $ mils | $ mils | $ mils | Change | Change | |||||
| Northern Virginia Area Companies | |||||||||
| Capital One Financial | McLean | VA | Dec 17 | 5,492 | 5,484 | 5,881 | 0% | -7% | |
| General Dynamics | Falls Church | VA | Dec 17 | 4,077 | 3,656 | 4,219 | 12% | -13% | |
| Northop Grumman | Falls Church | VA | Dec 17 | 3,049 | 2,923 | 2,790 | 4% | 5% | |
| DXC Technology | Tysons | VA | Mar 18 | 1,671 | (174) | 10 | 1060% | -1840% | |
| Hilton Worldwide | McLean | VA | Dec 17 | 930 | 556 | 533 | 67% | 4% | |
| AvalonBay Community | Arlington | VA | Dec 17 | 877 | 1,034 | 743 | -15% | 39% | |
| NVR Inc | Reston | VA | Dec 17 | 847 | 662 | 603 | 28% | 10% | |
| AES Corp | Arlington | VA | Dec 17 | 842 | 223 | 1,094 | 278% | -80% | |
| Verisign | Reston | VA | Dec 17 | 599 | 581 | 488 | 3% | 19% | |
| Willis Towers Watson | Arlington | VA | Dec 17 | 492 | 342 | 351 | 44% | -3% | |
| Booz Allen Hamilton | McLean | VA | Mar 18 | 438 | 412 | 379 | 6% | 9% | |
| Leidos Holding | Reston | VA | Dec 17 | 355 | 393 | 318 | -10% | 24% | |
| Maximus | Reston | VA | Sep 17 | 314 | 286 | 260 | 10% | 10% | |
| Tegna | McLean | VA | Dec 17 | 311 | 449 | 346 | -31% | 30% | |
| CACI Intl | Arlington | VA | .Jun 18 | 299 | 249 | 224 | 20% | 11% | |
| Park Hotels & Resorts | Tysons | VA | Dec 17 | 285 | 221 | 417 | 29% | -47% | |
| Northrop Grumman Innovation Systems | Falls Church | VA | Dec 17 | 272 | 462 | 404 | -41% | 14% | |
| Science Applications Intl | Reston | VA | Jan 18 | 214 | 212 | 183 | 1% | 16% | |
| Graham Holdings | Arlington | VA | Dec 17 | 183 | 251 | (121) | -27% | 307% | |
| Brink's Co | Richmond | VA | Dec 17 | 182 | 125 | 41 | 46% | 205% | |
| Beacon Roofing Supply | Herndon | VA | Dec 17 | 163 | 147 | 106 | 11% | 39% | |
| PRA Group | Norfolk | VA | Dec 17 | 158 | 134 | 258 | 18% | -48% | |
| Iridium Communications | McLean | VA | Dec 17 | 120 | 178 | 73 | -33% | 144% | |
| Mantech Intl | Fairfax | VA | Dec 17 | 97 | 90 | 85 | 8% | 6% | |
| ePLUS | Herndon | VA | Mar 18 | 84 | 86 | 76 | -2% | 13% | |
| Chesapeake Lodging Trust | Arlington | VA | Dec 17 | 79 | 79 | 70 | 0% | 13% | |
| Continental Building Products | Herndon | VA | Dec 17 | 76 | 67 | 26 | 13% | 158% | |
| ICF Intl | Fairfax | VA | Dec 17 | 74 | 75 | 64 | -1% | 17% | |
| MicroStrategy Inc | Tysons Corner | VA | Dec 17 | 73 | 113 | 138 | -35% | -18% | |
| Strategic Education | Herndon | VA | Dec 17 | 53 | 57 | 66 | -7% | -14% | |
| Engility Holdings | Chantilly | VA | Dec 17 | 50 | (9) | (298) | 636% | 97% | |
| Gannett Co | McLean | VA | Dec 17 | 41 | 66 | 194 | -38% | -66% | |
| Alarm.com Holdings | Tysons | VA | Dec 17 | 32 | 14 | 17 | 129% | -18% | |
| Playa Hotels & Resorts NV | McLean | VA | Dec 17 | 9 | 24 | 8 | -63% | 200% | |
| Appian | Reston | VA | Dec 17 | (30) | (14) | (7) | -114% | -100% | |
| GTT Communications | McLean | VA | Dec 17 | (54) | 9 | (15) | -700% | 160% | |
| Evolent Health | Arlington | VA | Dec 17 | (76) | (238) | 343 | 68% | -169% | |
| Intelsat SA | McLean | VA | Dec 17 | (104) | 1,010 | (3,918) | -110% | 126% | |
| Comscore | Reston | VA | Dec 17 | (284) | (121) | (78) | -135% | -55% | |
| Total all 39 Northern Virginia Cos | 22,290 | 20,114 | 16,371 | 11% | 23% |
