Wednesday, 22 July 2026 · World
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EUROS The World Financial Report
Nº 11 Wednesday, 22 July 2026 · World Edition
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Why Warren Buffett and Charlie Munger don't like EBITDA as an earnings metric

Markets-Economic Times · 1h ago · 🇮🇳 India
Why Warren Buffett and Charlie Munger don't like EBITDA as an earnings metric

As Q1 earnings dominate investor focus, Warren Buffett and Charlie Munger's criticism of EBITDA is back in the spotlight. Buffett called it a tool to mislead investors, while Munger famously dubbed it "bullshit earnings", arguing that ignoring depreciation and other real costs distorts a company's true financial health.

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