EBITDA per share

EBITDA per share divides a company's EBITDA by its number of shares outstanding, translating a measure of operating profitability that strips out financing, taxes, and non-cash charges into a per-share figure.

The formula is: EBITDA / Shares outstanding.

It's used less often than EBITDA itself, which is more commonly compared to enterprise value than to a per-share price, but it can still be useful for tracking how a company's underlying operating profitability is trending on a per-share basis over time, accounting for both business performance and changes in share count.