Earnings Before Interest and Tax

(redirected from Operating Earnings)

Earnings Before Interest and Tax

A measure of a company's ability to produce income on its operations in a given year. It is calculated as the company's revenue less its expenses (such as overhead) but not subtracting its tax liability or interest paid on debt. It is important to note that EBIT does not account for one-off or otherwise unusual revenues and expenses, only recurring ones. EBIT represents cash available to pay off creditors in the event of liquidation and, as such, it is closely watched, especially when the company incurs little depreciation or amortization. It is also called operating profit.
References in periodicals archive ?
NYSE: NI) today announced net operating earnings (non-GAAP) of $18.
For the full year 2014, MetLife reported operating earnings of USD6.
hedges and guarantees had no effect on operating earnings in 2005 and 2006.
According to statistics compiled by the Daily News, companies tracked by the Daily News/Bloomberg Index in the San Fernando, Santa Clarita and Conejo valleys and in Simi Valley showed softer operating earnings in the past quarter, with 15 out of 46 reporting firms showing year-over-year declines.
The following table presents our revenue and operating earnings (loss) by segment for the third quarter of 2011 and 2010 (dollars in millions).
Operating earnings for the third quarter of 2015 were $403 million or $0.
Operating earnings (GAAP earnings excluding special items) for third-quarter 2015 were $521 million or $1.
In addition (i) consolidated adjusted operating earnings and adjusted operating margin, (ii) consumables management segment and commercial aircraft segment adjusted operating earnings and adjusted operating margin, and (iii) free cash flow and free cash flow conversion rate are non-GAAP financial measures.
NYSE: NI) today announced net operating earnings per share -- controlling interest (non-GAAP) of $56.
Full browser ?