# EBIT

> EBIT is a profitability metric, calculated as Net income + Interest expense + Income tax expense. Close to operating income, but also carries other non-operating income and expense. Non-GAAP.

Source: https://lopifi.com/glossary/ebit
Part of: Lopifi — US GAAP books on autopilot, reviewed by a CPA (https://lopifi.com)

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**What is ebit?** EBIT is a profitability metric, calculated as Net income + Interest expense + Income tax expense.

## Formula

`Net income + Interest expense + Income tax expense`

## Note

Close to operating income, but also carries other non-operating income and expense. Non-GAAP

- **Category:** Profitability
- **Specified in:** [Metric definitions](https://lopifi.com/md/docs/domain/10-metrics)
- **Related:** income-tax-expense, operating-income, net-income, expense, close