Source: https://mochatrade.com/learn/glossary/ebitda

# EBITDA
URL: https://mochatrade.com/learn/glossary/ebitda
Last modified: 2026-10-17

EBITDA is earnings before interest, taxes, depreciation and amortisation: operating profit with debt costs and non-cash charges added back. It compares businesses with different debt loads and says nothing about what shareholders receive, so read it next to [free cash flow and the guide](https://mochatrade.com/learn/us-market-structure/us-earnings-explained), and remember [interest costs rise with the Fed](https://mochatrade.com/learn/us-market-structure/how-the-fed-moves-markets).

## Related terms

- Free cash flow: https://mochatrade.com/learn/glossary/free-cash-flow
- Net interest income: https://mochatrade.com/learn/glossary/net-interest-income
- P/E ratio: https://mochatrade.com/learn/glossary/p-e-ratio
- Price-to-sales ratio: https://mochatrade.com/learn/glossary/price-to-sales-ratio
- Revenue: https://mochatrade.com/learn/glossary/revenue
- Dividend aristocrats: https://mochatrade.com/learn/glossary/dividend-aristocrats