Earnings before interest and taxes
Description
In accounting and finance, earnings before interest and taxes (EBIT), is a measure of a firm’s profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. Revenue or turnover is income that a company receives from its normal business activities. Operating expense ( OPEX) is an ongoing cost for running a product, business, or system. Non-operating income, is gains or losses from sources not related to the typical activities of the business or organization.
Related formulasVariables
EBIT | Earnings before interest and taxes (dimensionless) |
Rev | Revenue (dimensionless) |
OPEX | Operating expenses (dimensionless) |
NOI | Non-operating income (dimensionless) |