Yes and no. Operating income expresses a company’s earnings before interest and taxes (EBIT), so in this respect, they are the same. While they are often used interchangeably, there is a subtle distinction in the definitions. The income component makes all the difference between the two. EBIT includes non-operational income such as income from investments or the sale of assets. Operating profit, however, does not. It only factors in operational expenses, making it a more reliable indicator of how profitable core operations are than EBIT.