“many companies – including all of the 25 largest US-based nonfinancial companies—are increasingly reporting some form of non-GAAP earnings.”
-McKinsey & Company-
What is the reason so many companies are using these Non-GAAP metrics? Could it be we now live in a world that every company is so unique that they must use these figures to fully express their financials OR is it a way that companies are diluting their financials to mislead investors? Below you’ll find the perspectives of investors, regulators, and companies to help you further understand the controversial subject of non-GAAP financial metrics.