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📊 Economic Value Added Calculator

Measure the true economic profit a company creates after accounting for the cost of all capital employed.

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What is Economic Value Added?

Economic Value Added (EVA) measures a company’s true economic profit — the value created above and beyond the return required by all providers of capital (both debt and equity). A positive EVA means the company is generating returns greater than its cost of capital.

The formula

EVA = NOPAT (Net Operating Profit After Tax) − (Invested Capital × WACC). The term (Invested Capital × WACC) is called the capital charge — the minimum profit needed just to satisfy investors’ required return.

This calculator is for general financial education and analysis practice, not investment advice. EVA calculations in practice often include additional accounting adjustments to NOPAT and invested capital.

Last reviewed August 2026