Saturday, August 1, 2020

Washington DC Companies Performed Much Better on the Annual Audited Pretax Earnings Growth Front During Obama/Biden's Eight Years in Office (+18.7% Per Year) Than They Did During Trump/Pence's First Three Years in Office (+2.4% Per Year). Fannie Mae's Pretax Losses Improved By a Massive $62.9 Bil During the Obama/Biden Administration.

From a review of SEC filings and Google Finance, there were 9 Washington DC Companies with stock market caps of above $100 mil recently and which reported Pretax Income (Loss) From Continuing Operations in their annual financial statement earnings information filed with the SEC for each of the most recent twelve years (Fiscal Years from 2008-2019).    

The table below shows the Pretax Income (Loss) From Continuing Operations for each of these 9 Washington DC Companies for fiscal year end 2019, the last year of the Donald Trump/Mike Pence's first three full years in office so far,  for fiscal year end 2016, the year before the start of the Donald Trump/Mike Pence Administration as well as also the last year of the Barack Obama/Joe Biden Administration, and for fiscal year end 2008, the year before the start of the Barack Obama/Joe Biden Administration.


Annual Audited Audited Audited
Audited Pretax Pretax Pretax
Fincl Income Income Income
  Sts (Loss) (Loss) (Loss)
Washington DC Companies City   FYE FYE FYE FYE
Stock Market Caps Above $100 Mil HQs   2019 2019 2016 2008
 $ mils  $ mils  $ mils
Fannie Mae Washington DC Dec 19           17,577           18,333         (44,570)
Danaher Washington DC Dec 19             3,305             2,611             1,749
The Carlyle Group Inc Washington DC Dec 19             1,233                  45              (501)
CoStar Group Washington DC Dec 19                391                137                  45
FTI Consulting Washington DC Dec 19                288                128                195
Cogent Communications Washington DC Dec 19                  53                  24                (14)
Washington REIT Washington DC Dec 19                  29                119                    5
Federal Agricultural Mortgage Corp Washington DC Dec 19                139                119              (173)
Vanda Pharmaceuticals Washington DC Dec 19                  29                (18)                (51)
Total all 9 Washington DC Companies           23,044           21,498         (43,315)
….. % Increase 3 Years 2017-2019 7.2%
….. Average Annual % Increase 3 Years 2017-2019 2.4%  Per Year 
….. % Increase 8 Years 2009-2016 149.6%
….. Average Annual % Increase 8 Years 2009-2016 18.7%  Per Year