EBIT Formula and Calculation. The EBIT formula subtracts the cost of goods sold (COGS) ... EBITDA stands for earnings before interest, taxes, depreciation, and amortization.

All the steps above constitute the income-before-tax formula. Subtract taxes on the total to determine your net income after taxes. Advertisement. Article continues below this ad.

Profit before tax (PBT) is a measure that looks at a company’s profits before the company has to pay income tax. ... Calculation Formula, and Example. Amount Realized: Definition, ...