Computing Cash Flows: NOPAT
Interactive

Computing Cash Flows: NOPAT

Intuition Publishing
Updated Sep 24, 2020

NOPAT (net operating profit after tax) is a company's after-tax operating profit for all investors, including shareholders and debt holders. NOPAT is very useful for comparing company performance at the operating level. Here we look at the calculation of NOPAT and its relationship to cash flow.