Profit before interest and tax: Difference between revisions

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== See also ==
== See also ==
* [[Capital structure]]
* [[Earnings]]
* [[Gross profit]]
* [[Interest cover]]
* [[Interest cover]]
* [[Net operating profit after tax]]
* [[Net operating profit after tax]]
* [[Net profit]]
* [[Operating profit]]
* [[Operating profit]]
* [[Return on capital employed]]
* [[Return on capital employed]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 23:22, 30 December 2020

(PBIT).

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

  1. The chosen capital structure; or
  2. Taxation.


The purpose of the PBIT measure is to facilitate comparability of underlying businesses, cleaned of any distortions caused by different capital structures or different tax positions.


See also