net operating profit after tax (NOPAT)

Definitions (2)

1. Financial: The amount of profit claimed on an income statement that includes tax expenses but excludes interest expenses.

Calculated as NOPAT=Operating Profit*(1-tax rate).

2. Investment: Frequently used metric to determine the financial performance of a publicly-traded company during a reporting period.
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NOPAT after tax operating income (ATOI)