thecfawannabe

I've always used EBIT as operating income. The only issue is in financial reporting quality, some firms may report nonoperating income as operating income.

There is not hard and fast rule here. EBITDA is more an operating cashflow figure than EBIT, and EBIT is more an operating income figure than EBITDA.

Use your head, there is no hard and fast rule, but you should be fine my friend.