Investopedia

Net Operating Income - NOI

Dictionary Says

Definition of 'Net Operating Income - NOI'

A company's operating income after operating expenses are deducted, but before income taxes and interest are deducted. If this is a positive value, it is referred to as net operating income, while a negative value is called a net operating loss (NOL).

Investopedia Says

Investopedia explains 'Net Operating Income - NOI'

NOI is often viewed as a good measure of company performance. Some believe this figure is less susceptible than other figures to manipulation by management.

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