Earnings before interest and taxes

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In accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit^[1] that includes all incomes and expenses (operating and non-operating) except interest expenses and income tax expenses.^[2][3]

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.^[4]