Net Operating Profit Less Adjusted Taxes

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Net Operating Profit Less Adjusted Taxes

In accounting, a calculation of a business' operating income after all taxes are paid. The NOPLAT is not a recognized practice in the Generally Accepted Accounting Practices and so it is vital to note how each accountant and each firm arrive at the calculation. It is closely related to the after-tax operating income calculation, which is also unrecognized in GAAP.
References in periodicals archive ?
Consider the NOPLAT projections of a firm with one operating company, OpCo, that has 100 [euro] Net Operating Profit, 30-percent Statutory Tax Rate, and a growth rate of 5 percent per year.
NOPLAT] = rate at which the company's NOPLAT without the effect of tax planning grows every year.
1% (1) NOPLAT is presented on a pro forma basis, which excludes our Florida litigation expenses incurred in 2003.