Earnings
Earnings are the net benefits of the corporation's operation. Earnings is also the amount on which corporate tax is due. For an analysis of particular aspects of corporate operations several more particular terms are used as EBIT earnings before interest in addition to taxes and EBITDA earnings before interest, taxes, depreciation, and amortization.
Many alternative terms for earnings are in common use, such(a) as income and profit. These terms in refine pull in a sort of definitions, depending on their context and the objectives of the authors. For instance, the IRS uses the term profit to describe earnings, whereas for the institution the profit it reports is the amount left after taxes are taken out.