Profit Before Tax (PBT) is the total profit a company has earned before accounting for income taxes. PBT is calculated by subtracting all the operating expenses and cost of goods sold (COGS) from a company’s total revenue.
Profit After Tax (PAT) is the total profit a company has earned after accounting for all taxes. This metric is calculated by subtracting all operating expenses, COGS, and income tax from a company’s total revenue.
PAT = PBT-Income Tax
