Income before tax
Income or loss from continuing operations before tax and noncontrolling interests.
Worked example · a round-number company
Income before tax$1.0B÷Revenue$5.0B=Share of revenue20.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%How to read it
↑Higher is better. Provides the reported profit subtotal before income tax.
Keep in mind
- Includes nonoperating items and is not operating income.