NOPAT Calculator
Subtract taxes from EBIT to find NOPAT, the operating profit a company keeps after tax, ignoring how it is financed.
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- No sign-up
Enter EBIT and taxes to see NOPAT.
Worked example
With these example inputs:
- EBIT$500,000
- Taxes$105,000
NOPAT: $395,000
- As a share of the total79.0%
- If the first figure were 10% higher$445,000
Frequently asked questions
What is NOPAT?
Net operating profit after tax is EBIT minus taxes on that operating profit. It shows what the core business earns after tax, before any effect of debt financing.
Why use NOPAT?
Because it removes financing, NOPAT lets you compare operating performance across companies and feeds measures like economic value added and free cash flow.