Profit before interest and tax

From ACT Wiki
Revision as of 20:06, 17 November 2015 by imported>Doug Williamson (Link with Operating profit page.)
Jump to navigationJump to search

(PBIT).

A measure of the operating profitability of a business, before taking account of the effects of either:

i. The chosen capital structure; or

ii. Taxation.

The purpose of the measure being to facilitate comparability of underlying businesses.


See also