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Earnings before interest and taxes
In accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit that includes all incomes and expenses (operating and non-operating) except interest expenses and income tax expenses.[1][2]
Operating income and operating profit are sometimes used as a synonym for EBIT when a firm does not have non-operating income and non-operating expenses.[3]
- ^ Bodie, Zvi; Kane, Alex; Marcus, Alan (2005). Essentials of Investments. McGraw Hill. p. 452. ISBN 9780072510775.
- ^ "Earnings before interest and, taxes (EBIT)". NASDAQ. Archived from the original on Jun 5, 2023.
- ^ Murphy, Chris B. (2019-07-11). "How are EBIT and operating income different?". Investopedia.
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