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What does EBIT mean?

Looking for the meaning or definition of the word EBIT? Here's what it means.

Initialism
  1. (physics) Electron Beam Ion Trap
  2. (accounting, finance) Earnings Before Interest and Taxes.
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Examples
The segment's EBIT margin reflected high levels of brand support and the continued roll-out of Nescafé Dolce Gusto, now sold in 24 countries.
Overall, including the impact of the above factors, Group EBIT in the third quarter declined to EUR 197 million.
However, the sale of the Plastics business unit reduced the EBIT of the METALL ZUG GROUP by CHF 7.1 million.
The acquisition of Vanguard EMEA has been concluded at an enterprise value of 670 million euros, corresponding to a multiple of 12.7 times the company's estimated 2006 EBIT, before synergies.
The EBIT margin in ice cream increased due to efficiencies and the exit from underperforming markets.
We track EBIT because we believe it makes it easier to compare our performance with previous periods, and with companies and industries that do not have the same capital structure or tax laws.

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