Businesses use several variations of EBITDA to analyze a company's operating performance. Remember that EBITDA is just one metric for a business's financial performance. You should always use a combination of metrics along with EBITDA for a complete picture.nnThe following variations are often used:nnEBIT: Earnings before income and taxes. This metric doesn't add the depreciation and amortization expenses. It is also known as operating profit or operating income.nEBIAT: Earnings before interest after taxes. This formula looks at a company's earnings after taxes and before interest payments.nEBITDAR: This formula expands on EBITDA by adding rent or restructuring expenses to the equation.nAdjusted EBITDA: Removes one-time and irregular expenses to normalize a standard EBITDA measuring only fixed assets.