What Does Net Operating Income (NOI) Mean?
A company’s operating income after operating expenses have been deducted but before income taxes and interest are deducted. If this is a positive value, it is referred to as net operating income; when it’s negative, it is called a net operating loss (NOL). Investopedia explains Net Operating Income (NOI) NOI is a good gauge of a company’s performance. Some believe that this figure is less susceptible to accounting manipulation by management than are other figures.
