Definitions for "operating profit"
A measure of a companys earning power from ongoing operations, equal to earnings...
determined by subtracting cost of sales and operating expenses from net sales. Page 330
The total embedded value profit for a period is broken into three components for reporting purposes - the operating profit, the impact of short-term investment fluctuations and the effect of changes in economic assumptions. The latter items are "below the line" as they are outside the control of management. The operating profit consists of the profits from new business written in the period and the return from the in-force book of business.
Same as operating income.
Gross income minus variable and operating overhead costs.
Another term for operating income.
optional dividend other current assets