A calculation of operating income using only operating revenues and direct expenses related to a company's primary business. The calculation excludes investments and rents received, and other forms of non-core-business income; also excludes other liabilities, including tax, possibly legal expenses, are excluded. Used as a general measure of health of an organization.
Related information about pre-tax operating income:
- Pretax Operating Income (PTOI) Definition | Investopedia
 An accounting term that refers to the difference between a company's operating   revenues (from its primary businesses) and its direct expenses (except taxes) ...
 
- What is pre-tax operating income? definition and meaning
 Definition of pre-tax operating income: A calculation of operating income using   only operating revenues and direct expenses related to a company's primary ...
 
- Pre-Tax Operating Income - What does PTOI stand for? Acronyms ...
 Acronym, Definition. PTOI, Pre-Tax Operating Income. PTOI, Projected Time of   Impact (astronomy). PTOI, Principles and Techniques of Online Instruction (North ...
 
- commercial markets - Liberty Mutual Group
 Net income was $851 million in 2003, compared to $508 million in 2002, while   pre-tax operating income was $405 million, a decrease of $87 million from 2002.
 
- R & D Converter
 8, Pre-tax Operating income (EBIT), $3,195.00. 9, Tax rate, 40.00%. 10, Net   Income, $1,025.00. 11, Book value of capital, $5,256.00. 12, Capital expenditures ...
 
- Press Release - AIG.com
 Aug 2, 2012 ... (474). (513). Corporate expenses and eliminations. (218). (125). Pre-tax   operating income. 2,530. 1,721. Income tax (expense) / benefit *. (666) ...
 
- Press Release - AIG.com
 Feb 23, 2012 ... (1). (456). (660) (2,025). (3,016). Corporate expenses and eliminations. 92. (461).   (165). (1,385). Pre-tax operating income (loss). 2,259. (3,408) ...
 
- Contact: Liz Werner (Investment Community) Mark Herr ... - AIG.com
 May 5, 2011 ... RECAP OF AFTER-TAX OPERATING INCOME. First Quarter Results (in millions).   2011 2010. Continuing insurance pre-tax operating income ...