Washington DC Companies First Half 2018 Pretax Earnings Increase By 11% Excluding Fannie Mae, Which Had a Higher 23% Earnings Increase ..............................................................................

From a review of US SEC filings, there were 9 Companies headquartered in Washington DC with a stock market cap of more than $1 Bil recently.

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 Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the First Half of Both 2018 and 2017 for these 9 Washington DC Companies.

	US	US
	GAAP	GAAP
	Pretax	Pretax
	Income	Income
	(Loss)	(Loss)
	6 Months	6 Months
	June	June	Better
	July	July	(Worse)
Washington DC Companies	or Aug	or Aug	%
Market Caps Above $1 Bil	2018	2017	Change
	mils $	mils $
Fannie Mae	10,985	8,943	23%
Danaher	1,548	1,230	26%
The Carlyle Group LP	378	572
WGL Holdings	141	195
FTI Consulting	112	17
CoStar Group	102	61
Cogent Communications	19	16
Washington REIT	14	15
Vanda Pharmaceuticals	8	(9)
Total all 8 But Fannie Mae	2,322	2,097	11%