Components of Profit

Profit is measured at both the company level as net operating income (NOI) and the business unit level as economic profit contribution (EPC).

EPC is measured before taxes, but includes charges on operating capital.

NOI includes all the elements of EPC, plus charges for corporate expenses, capital, and taxes.

We pursue continuous business improvements to grow EPC and NOI.

Click on the EPC line on the graph or on a line item in the table for more detailed information

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