DEFINITION
Net Operating Profit After Tax

"Net operating profit after tax": (NOPAT). A measure of business profitability which is independent of the chosen capital structure, but which does take account of the taxation of the operating profits. Often estimated as: NOPAT = PBIT x (1-T) where: PBIT = profit before interest and tax; and T = corporation tax rate.
Loading conversations.
Similar or Related Terms
Statistics
263
Characters
50
Words
37.6
Flesch Reading Ease
12.2
Flesch Kincaid Grade